Weiming Environment announces final redemption and delisting for convertible bonds
Zhejiang Weiming Environment Protection Co., Ltd. has issued its sixth indicative announcement regarding the redemption and delisting of its 'Wei 24 convertible bond'. The company's stock price triggered the conditional redemption clause after trading above 130% of the current conversion price for fifteen out of sixteen consecutive trading days between November 5 and November 26, 2025.
The redemption registration date is December 17, 2025, with a redemption price of CNY 100.2904 per bond, inclusive of accrued interest. The redemption payment will be distributed on December 18, 2025. The last trading day for the 'Wei 24 convertible bond' is December 12, 2025, and the last day for conversion into company shares is December 17, 2025.
Post-redemption, the 'Wei 24 convertible bond' will be delisted from the Shanghai Stock Exchange starting December 18, 2025. Investors are strongly advised to convert or sell their bonds by the respective deadlines to avoid mandatory redemption at a price significantly lower than the current secondary market price of CNY 122.296 per bond as of December 11, 2025.
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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