Xingfa Chem(SH:600141) Xin Lang Cai Jing·2026-02-24 17:17Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Xingfa Convertible Bonds," with specific dates and conditions for bondholders to act upon [1][4][13]. Group 1: Redemption Details - The last trading day for "Xingfa Convertible Bonds" is February 26, 2026, with only 2 trading days remaining as of February 24, 2026 [2][12]. - The last conversion date for the bonds is March 3, 2026, with 5 trading days left as of February 24, 2026 [3][12]. - The redemption price is set at 100.6699 yuan per bond, which includes the face value and accrued interest [4][9]. Group 2: Conditions for Redemption - The conditional redemption clause was triggered as the company's 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 redemption registration date is March 3, 2026, and all bonds registered by this date will be redeemed [6][9]. Group 3: Investor Actions - Bondholders are advised to convert or sell their bonds within the specified time frame to avoid forced redemption at a lower price [5][18]. - The company will notify bondholders of the redemption process and related matters before the redemption period ends [9][10]. Group 4: Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, affecting the net redemption amount [14]. - Resident enterprises must self-manage their tax obligations on bond interest income [15]. - Non-resident enterprises are exempt from certain taxes on bond interest income until the end of 2027 [16].