Core Viewpoint - The announcement details the interest payment for the convertible bonds issued by Zhejiang Yanpai Filter Technology Co., Ltd., highlighting the interest rate, payment method, and tax implications for bondholders [1][4][5]. Group 1: Convertible Bond Details - The first-year interest for the "Yanpai Convertible Bonds" is set at 2.00 CNY for every 10 bonds (face value 1,000.00 CNY) [1][4]. - The interest payment period is from July 10, 2024, to July 9, 2025, with an annual interest rate of 0.20% [4][5]. - The bonds will be paid annually, with the first payment occurring after the bondholders' registration date [2][3]. Group 2: Tax Implications - Individual bondholders will have a 20% tax withheld on interest income, resulting in a net payment of 1.60 CNY for every 10 bonds [4][5]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax on the interest earned [6]. - Other bondholders are responsible for their own tax payments on interest income [6]. Group 3: Payment Process - The company will entrust the China Securities Depository and Clearing Corporation Limited Shenzhen Branch to handle the interest payments [5]. - Payments will be made to designated securities firms or other recognized institutions after the bondholders' registration date [5]. - The company will not pay interest for the current and future periods if bondholders convert their bonds into company stock before the interest payment date [5].
严牌股份: 关于严牌转债2025年付息的公告