Group 1 - The company, Changjiang Securities, is set to pay interest on its corporate bonds on August 18, 2025, for the period from August 18, 2024, to August 17, 2025 [1] - The interest amount to be distributed is RMB 35.80 per bond (before tax), with a net amount of RMB 28.64 per 10 bonds after a 20% personal income tax deduction for individual bondholders [1][2] - Non-resident enterprises, including QFII and RQFII, will receive the full interest amount of RMB 35.80 per 10 bonds before tax [1] Group 2 - The company will entrust China Securities Depository and Clearing Corporation Limited Shenzhen Branch to handle the interest payment process [2] - Bondholders can collect their interest from their designated settlement participants starting from the payment date [2] - According to the tax regulations, individual bondholders are subject to a 20% income tax on the interest earned, which will be withheld at the time of payment [2][3] Group 3 - The announcement includes a temporary exemption from corporate income tax and value-added tax for foreign institutions investing in domestic bond markets, effective from November 7, 2021, to December 31, 2025 [3] - This exemption does not apply to foreign institutions that have established entities in China and earn interest related to those entities [3]