福立旺: 关于“福立转债”付息公告

Core Points - The company, Fuliwang Precision Electromechanical (China) Co., Ltd., has announced the issuance of convertible bonds, totaling 7 million bonds with a face value of RMB 100 each, raising a total of RMB 700 million [1][2] - The convertible bonds, named "Fuli Convertible Bonds," will be listed on the Shanghai Stock Exchange starting September 12, 2023 [1] - The initial conversion price for the bonds is set at RMB 21.28 per share, which will be adjusted to RMB 21.27 starting February 5, 2024, due to the completion of the company's restricted stock incentive plan [2] - The bonds will pay interest annually, with the first interest payment scheduled for August 14, 2025, at a coupon rate of 0.50% [4][6] Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to issue the convertible bonds [1] - The bonds have a maturity period of six years, expiring in 2029 [1] - The bonds will be convertible into shares starting February 19, 2024 [2] Interest Payment Details - The interest payment period for the second year is from August 14, 2024, to August 13, 2025 [4] - The interest amount for each bond will be RMB 0.50 (including tax) [4] - Holders who convert their bonds into shares before the interest payment date will not receive interest for that year [5] Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds [7] - Non-resident enterprises are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [9] Contact Information - The company’s contact details for investor relations and bond management are provided, including phone numbers and email addresses [9]