IRAY TECHNOLOGY(SH:688301) Shang Hai Zheng Quan Bao·2025-10-16 20:53Core Points - The company will pay interest on its convertible bonds on October 24, 2025, for the period from October 24, 2024, to October 23, 2025 [1][11] - The total amount raised from the issuance of convertible bonds is RMB 143,501 million, with a face value of RMB 100 per bond [1][2] - The initial conversion price for the bonds was adjusted from RMB 499.89 to RMB 354.54 due to the company's annual equity distribution [3][4] Convertible Bond Issuance Overview - The company issued a total of 14,350,100 convertible bonds on October 24, 2022, with a maturity period of six years [1] - The bonds were listed on the Shanghai Stock Exchange on November 18, 2022, under the name "奕瑞转债" and code "118025" [2] Conversion and Adjustment Details - The bonds can be converted into shares from April 28, 2023, to October 23, 2028, with an initial conversion price of RMB 499.89 per share [3] - The conversion price has been adjusted multiple times, with the latest adjustment setting it at RMB 162.81 per share effective June 17, 2024 [5][6] Interest Payment Details - The annual interest rate for the bonds is set at 0.8%, resulting in an interest payment of RMB 0.80 per bond (before tax) [11][14] - The interest payment date is October 24, 2025, with the record date for interest payment being October 23, 2025 [4][15] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net payment of RMB 0.64 per bond after tax [14][16] - Non-resident enterprises are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [16] Contact Information - The company is located at 999 Huanqiao Road, Pudong New District, Shanghai, and can be contacted via email at ir@iraygroup.com [17]