Weiming Environment issues first reminder for convertible bond redemption

Zhejiang Weiming Environment Protection has issued its first reminder for the redemption and delisting of its "Weiming 24 convertible bond." The redemption registration date is December 17, 2025, with redemption proceeds distributed on December 18, 2025. The redemption price is 100.2904 yuan per bond, which includes a principal of 100 yuan and accrued interest of 0.2904 yuan. The last day for trading the convertible bonds is December 12, 2025, and the last day for conversion into shares is December 17, 2025.

The company's stock price triggered the conditional redemption clause after closing at or above 130% of the current conversion price (22.82 yuan per share) for at least fifteen trading days between November 5 and November 26, 2025. Following the redemption, "Weiming 24 convertible bond" will be delisted from the Shanghai Stock Exchange on December 18, 2025.

Investors are strongly advised to convert their bonds into shares or sell them on the secondary market before the respective deadlines. With the current market price of the "Weiming 24 convertible bond" at 125.091 yuan per bond (as of December 4, 2025), a significant difference exists compared to the redemption price. Failure to act may result in substantial investment losses, as any unexercised bonds will be forcibly redeemed at the lower redemption price.