Xingfa Chem(SH:600141) Xin Lang Cai Jing·2026-02-27 19:29Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Xingfa Convertible Bonds," with specific dates and conditions for bondholders to be aware of [1][4][11]. 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, with only two trading days remaining before this date [3][10]. - Upon completion of the early redemption, "Xingfa Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting March 4, 2026 [4][11]. Group 2: Redemption Conditions - The bonds will be redeemed at a price of 100.6699 yuan per bond, which includes accrued interest of 0.6699 yuan [6][9]. - The early redemption was triggered as the company's stock price met the condition of being at least 130% of the conversion price for 15 out of 16 trading days from January 6 to January 27, 2026 [5][7]. - The redemption price calculation is based on the bond's face value plus accrued interest, with the interest calculated using a formula based on the bond's annual interest rate and the number of days since the last interest payment [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 bondholders registered by the redemption registration date [6][10]. - Bondholders are advised to convert their bonds within the specified timeframe to avoid forced redemption at the face value [4][15].