Eddie Precision(SH:603638) Shang Hai Zheng Quan Bao·2025-04-06 18:25Core Points - The company Yantai Eddie Precision Machinery Co., Ltd. will begin paying interest on its convertible bonds on April 15, 2025, for the period from April 15, 2024, to April 14, 2025 [2][18] - The convertible bonds were issued on April 15, 2022, with a total issuance size of 1 billion RMB (100,000 million) and a total of 10 million bonds [6][8] - The bonds have a maturity period of six years, from April 15, 2022, to April 14, 2028, with an annual interest rate that increases over the years [9][10] Convertible Bond Details - The bond name is "2022 Yantai Eddie Precision Machinery Co., Ltd. Publicly Issued Convertible Bonds" with the code 113644 [2][4] - The initial conversion price is set at 23.96 RMB per share, with the latest conversion price at 23.63 RMB per share [13] - The bonds are rated AA- by China Chengxin International Credit Rating Co., Ltd. [14][15] Interest Payment Information - The interest rate for the third year is 1.0%, meaning each bond with a face value of 100 RMB will yield an interest payment of 1.00 RMB (before tax) [10][18] - The interest payment record date is April 14, 2025, with the payment date on April 15, 2025 [18] - Investors will receive the net interest amount after a 20% personal income tax deduction, resulting in an actual payment of 0.80 RMB per bond [20] Payment Method and Taxation - The company has appointed China Securities Depository and Clearing Corporation Limited Shanghai Branch to handle the bond interest payments [19] - Individual investors are responsible for paying the personal income tax on the interest income, while corporate investors will handle their own tax obligations [20][21]