江西洪城环境股份有限公司关于“洪城转债”2025年度付息的公告

Core Viewpoint - Jiangxi Hongcheng Environment Co., Ltd. announces the interest payment details for its convertible bonds, "Hongcheng Convertible Bonds," for the year 2025, including key dates and interest rates [2][11]. Group 1: Bond Issuance Details - The company issued 18 million convertible bonds with a total issuance amount of RMB 180 million, each with a face value of RMB 100 [5]. - The bonds were publicly issued on November 20, 2020, and are set to mature on November 19, 2026 [5][9]. - The interest rates for the bonds are structured to increase over the years, starting from 0.2% in the first year to 2.0% in the sixth year [2][11]. Group 2: Interest Payment Information - The interest payment for the fifth year will be based on a rate of 1.5%, resulting in a payment of RMB 1.50 per bond (before tax) [11][14]. - The bondholders must be registered by November 19, 2025, to receive the interest payment on November 20, 2025 [12][13]. - The interest payment will be subject to a 20% personal income tax for individual investors, resulting in a net payment of RMB 1.20 per bond [14]. Group 3: Conversion and Taxation - The conversion period for the bonds is from May 26, 2021, to November 19, 2026, with an initial conversion price of RMB 7.13 per share, adjusted to RMB 4.88 due to profit distribution [9]. - The company does not provide any guarantees for the bonds, and the credit rating for both the company and the bonds is "AA+" with a stable outlook [9][10].