Key Points - The company, Ningxia Xiaoming Agricultural and Animal Husbandry Co., Ltd., announced the interest payment for its convertible bonds, "Xiaoming Convertible Bonds," for the year 2025, with an interest rate of 0.50% [1][5] - The interest payment will be made on April 7, 2025, for the period from April 6, 2024, to April 5, 2025, with a total interest of 5.00 RMB for every 10 bonds held (including tax) [1][5] - The bonds have a total issuance amount of 3.29 billion RMB (32.9 million bonds) and were listed on the Shenzhen Stock Exchange on April 25, 2023 [4][5] - The bonds have a conversion period from October 12, 2023, to April 5, 2029, allowing bondholders to convert their bonds into company shares [1][4] - The company will not pay interest for the current and future interest periods to bondholders who convert their bonds into shares before April 3, 2025 [1][6] - The interest income tax for individual bondholders will be withheld at a rate of 20%, resulting in a net interest of 4.00 RMB for every 10 bonds [5][6] - For qualified foreign institutional investors (QFII and RQFII), the interest income is exempt from corporate income tax and value-added tax, allowing them to receive the full interest of 5.00 RMB for every 10 bonds [5][7] - The bonds are rated A by a credit rating agency, with a stable outlook, indicating a solid creditworthiness of the company [5]
晓鸣股份: 关于可转换公司债券2025年付息的公告