Summary of Key Points Core Viewpoint - The announcement details the interest payment for the "Li Zhong Convertible Bonds" for the second year, highlighting the interest rates and payment procedures for bondholders [1][4]. Group 1: Bond Details - The "Li Zhong Convertible Bonds" have a total issuance of 8.998 million bonds, with a maturity period from July 27, 2023, to July 26, 2029 [1]. - The interest rates for the bonds are structured as follows: 0.30% for the first year, 0.50% for the second year, 1.00% for the third year, 1.50% for the fourth year, 2.00% for the fifth year, and 2.50% for the sixth year [1][2]. - The second-year interest payment is scheduled for July 28, 2025, with a payment of 5.00 CNY for every 10 bonds held [1][4]. Group 2: Interest Payment Procedures - The interest payment will be made within five trading days after the interest payment date, and bondholders who convert their bonds into shares before the payment date will not receive the interest for that year [3][4]. - The interest payment is subject to a 20% withholding tax, which will be deducted by the payment agency [5]. - The payment will be processed through the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, which will distribute the funds to the designated accounts of bondholders [4][6]. Group 3: Taxation Information - Individual bondholders are required to pay a personal income tax on the interest income at a rate of 20% [5]. - Foreign institutional investors are exempt from corporate income tax and value-added tax on the interest income until December 31, 2025 [5]. Group 4: Contact Information - Investors seeking further information can refer to the full prospectus available on the Giant Tide Information Network or contact the company's Securities Affairs Department at the provided phone number [6].
立中集团: 关于立中转债2025年付息公告