MACMIC(SH:688711) Zheng Quan Zhi Xing·2025-07-20 08:21Core Points - Jiangsu Hongwei Technology Co., Ltd. announced the interest payment schedule for its convertible bonds, with the interest payment date set for July 25, 2025 [1][6] - The company issued 4.3 million convertible bonds at a face value of RMB 100 each, raising a total of RMB 43 million, with a maturity period of six years [2] - The coupon rate for the bonds is 0.70% per annum, resulting in an interest payment of RMB 0.70 per bond (before tax) [5][8] Summary by Sections Convertible Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to issue convertible bonds [2] - The bonds were listed on the Shanghai Stock Exchange starting August 14, 2023, under the name "Hongwei Convertible Bonds" with the code "118040" [2] Interest Payment Details - The interest payment period for the bonds is from July 25, 2024, to July 24, 2025, with the interest payment date on July 25, 2025 [4][6] - The interest calculation formula is defined as I = B × i, where I is the annual interest amount, B is the total face value of the bonds held, and i is the annual coupon rate [5] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net interest payment of RMB 0.56 per bond after tax [7][8] - Non-resident enterprises holding the bonds are exempt from corporate income tax on interest income until December 31, 2025 [8] Contact Information - The company provides contact details for inquiries related to the bond issuance and interest payments [9]