Core Points - The company announced the interest payment details for its convertible bonds, which will occur on July 14, 2025 [1][3][5] Group 1: Bond Issuance Details - The convertible bonds, named "Zhenhua Convertible Bonds," have a total issuance size of RMB 406.21 million [2] - The bonds have a maturity period of 6 years, from July 12, 2024, to July 11, 2030 [2] - The coupon rates for the bonds are structured to increase over the years, starting at 0.20% in the first year and reaching 2.00% in the sixth year [2][4] Group 2: Interest Payment Information - The interest payment record date is set for July 11, 2025, with the interest payment date on July 14, 2025 [3][4] - The interest amount for each bond with a face value of RMB 100 will be RMB 0.20 before tax, resulting in a net payment of RMB 0.16 after tax for individual investors [6] - The company has appointed China Securities Depository and Clearing Corporation Limited Shanghai Branch to handle the interest payment process [5][7] Group 3: Taxation and Compliance - Individual investors are subject to a 20% tax on the interest income, while qualified foreign institutional investors are exempt from corporate income tax on the interest earned [6][7] - The company is responsible for ensuring timely payment of interest to the designated clearing institution [5]
振华股份: 振华股份关于可转换公司债券2025年付息的公告