ECOVACS(SH:603486) Shang Hai Zheng Quan Bao·2025-11-21 19:49Core Viewpoint - The announcement details the interest payment schedule for the "Kewo Convertible Bonds" issued by Kewo Robot Co., Ltd., highlighting the payment date, interest rates, and relevant tax implications for bondholders [2][10]. Group 1: Bond Payment Details - The interest payment date for the Kewo Convertible Bonds is set for December 1, 2025, due to November 30, 2025, being a non-trading day [2]. - The interest period for this payment is from November 30, 2024, to November 29, 2025, with a coupon rate of 1.5%, resulting in a payment of 1.50 RMB per bond (before tax) [10][12]. - The bondholders must be registered with the China Securities Depository and Clearing Corporation by November 28, 2025, to receive the interest [11]. Group 2: Bond Characteristics - The Kewo Convertible Bonds were issued on November 30, 2021, with a total issuance size of 1.04 billion RMB, consisting of 10.4 million bonds, each with a face value of 100 RMB [5]. - The bonds have a six-year term, maturing on November 29, 2027, with a tiered interest rate structure: 0.3% for the first year, 0.5% for the second, 1.0% for the third, 1.5% for the fourth, 1.8% for the fifth, and 2.0% for the sixth year [5][9]. Group 3: Tax Implications - Individual investors are subject to a 20% personal income tax on the interest income, resulting in a net payment of 1.20 RMB per bond after tax [13][14]. - For qualified foreign institutional investors, the interest income is exempt from corporate income tax and value-added tax until December 31, 2025, provided they do not have a physical presence in China [14].