景兴纸业: 可转换公司债券2025年付息公告

Core Viewpoint - Zhejiang Jingxing Paper Industry Co., Ltd. will pay the fifth-year interest on its convertible bonds on September 1, 2025, at a rate of 18.00 RMB per 10 bonds, which includes tax [1][3]. Group 1: Bond Details - The interest rates for the convertible bonds are set at 1.5% for the first four years, 1.8% for the fifth year, and 2.0% for the sixth year [1][2]. - The bonds were issued on August 31, 2020, and interest is paid annually [2][3]. - The annual interest calculation formula is I = B × i, where I is the annual interest amount, B is the total face value of the bonds held, and i is the applicable interest rate for that year [2]. Group 2: Payment Information - The interest payment will be made within five trading days after the interest payment date [2][3]. - The bondholders must hold the bonds until the record date of August 29, 2025, to receive the interest [1][4]. - The company will not withhold taxes for bondholders other than qualified foreign institutional investors (QFII and RQFII), who are exempt from corporate income tax and value-added tax on interest income until December 31, 2025 [5]. Group 3: Taxation - Individual bondholders are subject to a 20% withholding tax on interest income, which will be deducted by the payment agent [4][5]. - Non-resident enterprises holding the bonds are exempt from corporate income tax and value-added tax on interest income [5].