FREEWON(SH:688678) Xin Lang Cai Jing·2026-02-09 18:13Core Viewpoint - The company announces the redemption and delisting of its convertible bonds, "Fuli Convertible Bonds," with specific dates and conditions for investors to be aware of [1][4][14]. Redemption Details - Redemption registration date is set for February 10, 2026, with trading of "Fuli Convertible Bonds" ceasing from February 6, 2026 [2][6]. - The last conversion date for the bonds is also February 10, 2026, with only one trading day remaining before this date [3][14]. - Following the early redemption, "Fuli Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting February 11, 2026 [4][14]. Conversion and Redemption Conditions - Investors can convert their bonds at a price of 14.90 CNY per share until the last conversion date, or they will be forced to redeem at a price of 100.3967 CNY per bond [4][18]. - The redemption price includes the face value plus accrued interest, calculated to be approximately 0.3967 CNY per bond [11][15]. - The company has triggered the conditional redemption clause as the stock price has met the required threshold of 130% of the conversion price for at least 15 trading days [4][9]. Important Dates - Last trading day for "Fuli Convertible Bonds" is February 5, 2026 [6][14]. - Redemption payment date is set for February 11, 2026 [13]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of approximately 100.3174 CNY per bond after tax [15][16].