CHINA PET FOODS(SZ:002891) Shang Hai Zheng Quan Bao·2025-10-20 19:27Core Points - The company will pay the third-year interest on the "Zhongchong Convertible Bond 2" on October 27, 2025, at a rate of 6.00 CNY per 10 bonds (including tax) [2][10] - The bond has a total issuance amount of 76,904.59 million CNY, with a maturity period of six years from October 25, 2022, to October 24, 2028 [3][4] - The interest rates for the bond are structured to increase over the years, starting from 0.20% in the first year to 2.00% in the sixth year [3][9] Bond Payment Details - The interest payment date is set for October 27, 2025, with the record date for bondholders being October 24, 2025 [10][12] - The actual interest received by individual investors will be 4.80 CNY per 10 bonds after a 20% tax deduction [10][11] - The bondholders who convert their bonds to stocks before the record date will not receive the interest for the current and future periods [12][13] Taxation Information - Individual bondholders are subject to a 20% personal income tax on the interest income, which will be withheld by the payment agency [11][13] - Foreign institutional investors are exempt from corporate income tax and value-added tax on the interest income until December 31, 2025 [11][14] - Other bondholders are responsible for their own tax payments on the interest income [14] Additional Information - The bond's initial conversion price is set at 28.35 CNY per share, with the current conversion price at 27.46 CNY per share [9] - The company has a credit rating of AA- from China Chengxin International Credit Rating Co., Ltd., with a stable outlook [9] - For further details, investors can refer to the company's bond issuance prospectus published on October 21, 2022 [15]