Weiming Environment Protection issues final call for convertible bond redemption
Zhejiang Weiming Environment Protection Co., Ltd. has announced the mandatory redemption and delisting of its "Wei 24 convertible bond" (convertible bond code: 113683). The redemption registration date is December 17, 2025, with proceeds distributed on December 18, 2025. The final trading day for the bond is December 12, 2025, and the last day for conversion into company shares is December 17, 2025.
The redemption price is set at CNY 100.2904 per bond, which includes the face value plus accrued interest of CNY 0.2904. The company's stock price met early redemption conditions, trading above 130% of the current conversion price for fifteen consecutive days between November 5 and November 26, 2025.
After redemption, the "Wei 24 convertible bond" will be delisted from the Shanghai Stock Exchange starting December 18, 2025. Investors are strongly advised to convert their bonds or sell them on the secondary market by the deadlines. Holders failing to do so will be subject to mandatory redemption, potentially incurring significant losses given the current market price of CNY 124.828 per bond compared to the redemption price.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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