JTGROUP(SH:601609) Shang Hai Zheng Quan Bao·2025-07-20 17:42Core Viewpoint - Ningbo Jintian Copper Industry (Group) Co., Ltd. announced the interest payment details for its convertible bond "Jintong Convertible Bond" which will start paying interest on July 28, 2025, for the period from July 28, 2024, to July 27, 2025 [2][11]. Summary by Sections Bond Basic Information - Bond Name: Ningbo Jintian Copper Industry (Group) Co., Ltd. Convertible Corporate Bond [3] - Bond Code: 113068 [3] - Issuance Scale: RMB 1,450 million (14.5 million bonds) [3] - Face Value and Issuance Price: Each bond has a face value of RMB 100 and is issued at face value [3]. - Bond Term: 6 years from July 28, 2023, to July 27, 2029 [3]. - Interest Rates: 0.20% for the first year, 0.40% for the second year, 0.60% for the third year, 1.50% for the fourth year, 1.80% for the fifth year, and 2.00% for the sixth year [3]. Interest Payment Details - Interest Payment Method: Annual interest payment with the principal and last year's interest returned at maturity [4]. - Interest Calculation: Annual interest is calculated based on the bondholder's total face value of the bonds held multiplied by the applicable interest rate for that year [5]. - Payment Dates: - Interest Record Date: July 25, 2025 [11] - Ex-Dividend Date: July 28, 2025 [11] - Interest Payment Date: July 28, 2025 [11]. Conversion Information - Conversion Period: From February 5, 2024, to July 27, 2029 [10]. - Initial Conversion Price: RMB 6.75 per share [7]. - Adjusted Conversion Price: As of the latest announcement, the conversion price is RMB 5.79 per share [9]. Credit Rating - Company Credit Rating: "AA+" [10]. - Bond Rating: "AA+" with a stable outlook [10]. Other Relevant Information - Listing Date: August 28, 2023, on the Shanghai Stock Exchange [10]. - Underwriter: Dongfang Securities Co., Ltd. [10].