Xinfengming: Announcement on the Implementation of "Feng 21 Convertible Bond" Redemption and Delisting

2026-02-27 17:25:46

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Securities Daily News: On February 25, Xin Fengming announced that after the market close on February 25, 2026, there are only 6 trading days left until March 5, 2026 (“Feng 21 Convertible Bond” last trading day). March 5, 2026, is the last trading day for the “Feng 21 Convertible Bond.” After the market close on March 5, 2026, the “Feng 21 Convertible Bond” will cease trading. After the market close on February 25, 2026, there are only 9 trading days left until March 10, 2026 (“Feng 21 Convertible Bond” last conversion date). March 10, 2026, is the last conversion date for the “Feng 21 Convertible Bond.” After the market close on March 10, 2026, the “Feng 21 Convertible Bond” will stop converting. Following the early redemption, the “Feng 21 Convertible Bond” will be delisted from the Shanghai Stock Exchange starting March 11, 2026. Currently, the secondary market price of the “Feng 21 Convertible Bond” (closing price on February 25, 2026, is 139.631 yuan per bond) differs significantly from the redemption price (101.6619 yuan per bond). Investors who do not convert or sell in time may face substantial investment losses. We remind “Feng 21 Convertible Bond” holders to convert or sell within the specified period.

(Editor: Ren Shibi)

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