Weiming Environment Protection begins mandatory 'Wei 24' bond redemption

Zhejiang Weiming Environment Protection Co., Ltd. has issued a third announcement for the mandatory redemption and delisting of its 'Wei 24' convertible bonds. The redemption registration date is December 17, 2025, at a price of 100.2904 yuan per bond. The last trading day for these bonds is December 12, 2025, and the last day for conversion 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/share) for 15 trading days between November 5 and November 26, 2025. Following redemption, 'Wei 24' convertible bonds will be delisted from the Shanghai Stock Exchange on December 18, 2025.

Investors are strongly advised to convert or sell their 'Wei 24' convertible bonds by the deadline to avoid potential losses. With the current market price of 126.695 yuan per bond as of December 8, 2025, significantly higher than the redemption price, unexercised bonds will be compulsorily redeemed at 100.2904 yuan per bond.