Core Points - The company announced the payment of interest for its convertible bonds, "Minglida Convertible Bonds," with a face value interest payment of RMB 5.00 for every 10 bonds [1][5][6] - The coupon rate for the current period is set at 0.50%, and the interest payment date is scheduled for August 4, 2025 [2][5] - The total issuance of the convertible bonds amounts to RMB 1 billion, with 10 million bonds issued at a face value of RMB 100 each [2] Summary by Sections Bond Issuance - The company received approval from the China Securities Regulatory Commission to issue convertible bonds, totaling 10 million bonds with a total value of RMB 1 billion [2] - The bonds will be listed on the Shenzhen Stock Exchange starting August 23, 2023, under the code "123215" [2] Interest Payment Details - The interest payment for the second year will be made on August 4, 2025, with the interest calculation period from August 3, 2024, to August 2, 2025 [5][6] - The interest payment will be made to all registered bondholders as of August 1, 2025 [6] Taxation Information - Individual bondholders will have a 20% tax withheld on interest income, resulting in a net payment of RMB 4.00 for every 10 bonds after tax [5][7] - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax on the interest income [7]