EASTERN SHENGHONG(SZ:000301) Shang Hai Zheng Quan Bao·2025-03-17 18:56Core Viewpoint - Jiangsu Dongfang Shenghong Co., Ltd. announced the interest payment details for its convertible bonds, "Shenghong Convertible Bonds," which will pay interest on March 24, 2025, at a rate of 1.50% for the fourth year [1][2][17]. Summary by Sections Bond Payment Details - The interest payment date is set for March 24, 2025, with a total interest of 15.00 CNY for every 10 bonds (face value 1,000 CNY) [2][17]. - The bond registration date is March 21, 2025, and the ex-dividend date is also March 24, 2025 [3][4][19]. Bond Characteristics - The total issuance of the convertible bonds is 500 million CNY (5 million bonds) [6][7]. - The bonds were issued on March 22, 2021, and will mature on March 21, 2027 [9]. - The coupon rates for the bonds are as follows: Year 1: 0.20%, Year 2: 0.40%, Year 3: 0.60%, Year 4: 1.50%, Year 5: 1.80%, Year 6: 2.00% [5][9]. Taxation and Payment Method - Individual bondholders will have a 20% tax withheld on interest payments, resulting in a net payment of 12.00 CNY for every 10 bonds [17][23]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax on interest income [17][24]. - The payment will be processed through China Securities Depository and Clearing Corporation Limited, Shenzhen Branch [22]. Contact Information - For inquiries, the company provides contact details for its board secretary's office located in Suzhou, Jiangsu Province [23].