湖北兴发化工集团股份有限公司关于实施“兴发转债”赎回暨摘牌的第十一次提示性公告

Core Viewpoint - The company, Hubei Xingfa Chemical Group Co., Ltd., has announced the early redemption and delisting of its convertible bonds, "Xingfa Convertible Bonds," due to the fulfillment of conditional redemption terms. Group 1: Redemption Details - Redemption registration date is set for March 3, 2026, with trading of "Xingfa Convertible Bonds" ceasing after the market closes on February 26, 2026 [2][6] - The last conversion date for the bonds is also March 3, 2026, marking the final opportunity for bondholders to convert their bonds into shares [3][10] - Upon completion of the early redemption, "Xingfa Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting March 4, 2026 [4][10] Group 2: Redemption Conditions - The conditional redemption 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][7] - The redemption price is set at 100.6699 yuan per bond, which includes accrued interest of 0.6699 yuan [8][9] Group 3: Important Dates and Procedures - The last trading day for "Xingfa Convertible Bonds" is February 26, 2026, after which the bonds will stop trading [10][15] - The redemption payment will be issued on March 4, 2026, to registered bondholders [10][11] Group 4: Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 100.5359 yuan per bond after tax [11][12] - Resident enterprises are responsible for their own tax on bond interest income, with the gross redemption amount being 100.6699 yuan [12][13]