浙江泰坦股份有限公司关于可转换公司债券2025年付息公告

Core Viewpoint - Zhejiang Titan Co., Ltd. will pay the second-year interest on its convertible bonds, "Titan Convertible Bonds," on October 27, 2025, at a rate of 7.00 yuan per 10 bonds, which is equivalent to 0.70% for the second year [2][11]. Group 1: Bond Issuance Details - The total issuance amount of the convertible bonds is 295.50 million yuan, with 2.955 million bonds issued at a par value of 100 yuan each [4]. - The bonds will be listed for trading on the Shenzhen Stock Exchange starting November 15, 2023 [4]. - The bond term is six years, from October 25, 2023, to October 24, 2029 [4]. Group 2: Interest Payment Information - The interest payment date is set for October 27, 2025, with the interest record date being October 24, 2025 [12]. - The interest will be paid annually, with the first-year interest rate at 0.50%, the second year at 0.70%, the third year at 1.00%, the fourth year at 1.70%, the fifth year at 2.50%, and the sixth year at 3.00% [2][3]. - For individual investors, the actual interest received after tax will be 5.60 yuan per 10 bonds due to a 20% withholding tax [11]. Group 3: Conversion and Guarantee Information - The initial conversion price for the bonds is set at 13.81 yuan per share, which will be adjusted to 13.39 yuan per share after the 2023 annual equity distribution [9]. - The conversion period for the bonds will start on May 6, 2024, and end on October 24, 2029 [10]. - The bonds are guaranteed by the controlling shareholder, Shaoxing Titan Investment Co., Ltd., which has pledged its shares in Titan Co. as collateral [8]. Group 4: Credit Rating - The bonds have been rated "A" by Zhongzheng Pengyuan Credit Rating Co., Ltd., with a stable outlook [10].