Key Points - Chengdu Xingrong Environment Co., Ltd. issued corporate bonds totaling 1.4 billion yuan with a fixed interest rate of 3.00% for a term of 5 years [1][2] - The bond is named "20 Xingrong 01" and has a bond code of 149193.SZ [1] - The interest payment dates are set for August 6 each year from 2021 to 2025, with the principal repayment date on August 6, 2025 [2][3] - The bond allows for an adjustment of the coupon rate at the end of the third year and includes an option for investors to sell back the bonds [1] - The bond's interest payment for every 10 bonds with a face value of 1,000 yuan is 1,030 yuan, which is subject to tax deductions [2] - The bond will be delisted on August 6, 2025, with the last trading day being August 5, 2025 [4][6] - The bond's interest income tax obligations are specified for individual and non-resident corporate investors, with a 20% tax rate for individuals [5]

Group 1 - Chengdu Xingrong Environment Co., Ltd. is a leading large-scale water and environmental service provider in China, focusing on water supply and drainage, waste disposal, and resource recycling [6][8] - The company has a total asset of 4,844,846.86 million yuan as of the end of 2024, reflecting an increase of 11.24% from 2023 [6] - The company's operating income for 2024 is reported at 904,866.98 million yuan, an increase of 11.90% compared to 2023 [6] Group 2 - The company has issued bonds under the management of CITIC Securities, with the latest bond interest rate adjusted to 3.64% as of August 7, 2023 [3][6] - The total liabilities of the company amount to 2,889,555.87 million yuan, which is a 12.16% increase from the previous year [6] - The company has established a special repayment working group to ensure timely payment of bond principal and interest [9][10] Group 3 - The company has successfully completed the interest payment for the bonds on August 6, 2024, without any defaults [11] - The company has a net profit of 205,483.74 million yuan for 2024, representing an 8.75% increase from 2023 [6] - The company has maintained a stable cash flow and has not experienced any significant adverse changes affecting its debt repayment capacity [8][9]