Weiming Environmental to delist convertible bonds

Zhejiang Weiming Environment Protection Co., Ltd. announced the mandatory early redemption and delisting of its "Wei 24 Convertible Bonds." The company's stock price met the redemption condition, trading at or above 130% of the current conversion price (RMB 22.82/share) for 15 trading days between November 5, 2025, and November 26, 2025. The final redemption price is set at RMB 100.2904 per bond, which includes the principal and accrued interest.

The last trading day for "Wei 24 Convertible Bonds" is December 12, 2025, with the last conversion day on December 17, 2025. The redemption registration date is December 17, 2025, and the redemption payment will be distributed on December 18, 2025. Following the redemption, "Wei 24 Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting December 18, 2025.

Investors are strongly advised to convert their bonds into shares or sell them on the secondary market by the respective deadlines, as the current market price (RMB 126.484/share as of December 3, 2025) significantly exceeds the redemption price.