TNMG(SZ:000630) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-14 22:38Core Viewpoint - The company, Tongling Nonferrous Metals Group Co., Ltd., is set to pay interest on its convertible bonds "Tongling Ding 02" on September 22, 2025, with a total issuance of 21,460,000 bonds and a fundraising amount of approximately RMB 2.146 billion [6][12]. Group 1: Bond Issuance Details - The total amount of convertible bonds issued is 21,460,000, raising RMB 2,146,000,000, with a net amount of RMB 2,130,432,108.42 after deducting issuance costs [6][12]. - The bond has a maturity period of 6 years, from September 21, 2023, to September 20, 2029, with a conversion period from March 27, 2024, to September 20, 2029 [7][8]. Group 2: Interest Payment Information - The interest payment for the second year will be made on September 22, 2025, covering the period from September 21, 2024, to September 20, 2025, at a rate of 0.60%, resulting in an interest payment of RMB 6.00 for every 10 bonds [4][12]. - The bondholders must hold the bonds until the registration date of September 19, 2025, to receive the interest payment [4][14]. Group 3: Taxation and Payment Process - Individual bondholders will have a 20% tax withheld on the interest income, resulting in a net payment of RMB 4.80 for every 10 bonds [12][13]. - Non-resident enterprises are exempt from corporate income tax and value-added tax on the interest income until December 31, 2025 [17].