Xingfa Chem(SH:600141) Xin Lang Cai Jing·2026-02-13 18:33Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Xingfa Convertible Bonds," with specific dates and conditions for investors to be aware of [1][4][13]. Redemption Details - The last trading day for "Xingfa Convertible Bonds" is February 26, 2026, and the last conversion day is March 3, 2026 [2][3]. - The redemption price is set at 100.6699 CNY per bond, which includes the face value and accrued interest [6][9]. - The redemption registration date is March 3, 2026, and the redemption payment date is March 4, 2026 [6][11]. Conditions for Redemption - The company has triggered the conditional redemption clause as the stock price was above 130% of the conversion price for 15 out of 16 trading days from January 6 to January 27, 2026 [5][8]. - The company reserves the right to redeem all or part of the unconverted bonds if certain conditions are met, including stock price performance and remaining bond balance [7]. Investor Actions - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption at a lower price [4][12]. - The company emphasizes the importance of taking action before the last trading and conversion dates to mitigate potential losses [18]. Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, affecting the net redemption amount [14]. - Resident enterprises are responsible for their own tax payments on bond interest income [15]. - Non-resident enterprises will not be taxed on bond interest income until the end of 2027, provided they meet certain criteria [16].