New Hope Liuhe announces convertible bond redemption and delisting

New Hope Liuhe Co., Ltd. has announced the maturity, redemption, and delisting of its "Xiwang Convertible Bonds." The bonds will mature on January 2, 2026, with the redemption registration date set for December 31, 2025. The redemption amount will be 106 yuan per bond, including taxes and the final interest payment, with funds scheduled for distribution on January 5, 2026.

The last trading day for the convertible bonds will be December 26, 2025, followed by a trading halt starting December 29, 2025. The last conversion date for bondholders to convert their bonds into company shares, at a current conversion price of 10.59 yuan per share, is December 31, 2025. The bonds will be officially delisted from the Shenzhen Stock Exchange on January 5, 2026.

According to tax regulations, individual investors, including investment funds, will be subject to a 20% personal income tax on their bond interest income. Resident enterprises will self-declare and pay enterprise income tax on their bond interest. Qualified foreign institutional investors (QFII) and RMB qualified foreign institutional investors (RQFII) may be exempt from enterprise income tax and value-added tax on bond interest income until December 31, 2025.