Securities code: 600109 securities abbreviation: Sinolink Securities Co.Ltd(600109) Announcement No.: pro 2022-7
Bond Code: 163186 bond abbreviation: 20 Guojin 01
Sinolink Securities Co.Ltd(600109)
Public issuance of corporate bonds in 2020 (for qualified investors) (phase I)
(epidemic prevention and control debt) (variety I) announcement on principal and interest payment and delisting in 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Creditor’s right registration date: February 25, 2022
Delisting date of bonds: February 28, 2022
Principal and interest payment date: February 28, 2022
Sinolink Securities Co.Ltd(600109) the public issuance of corporate bonds (for qualified investors) (phase I) (epidemic prevention and control bonds) (variety I) (hereinafter referred to as “current bonds”) in 2020 will pay the annual interest and principal of current bonds from February 26, 2021 to February 25, 2022 from February 28, 2022. In order to ensure the smooth progress of principal and interest repayment, the relevant matters are hereby announced as follows:
1、 Basic information of current bonds
1. Bond Name: Sinolink Securities Co.Ltd(600109) 2020 public issuance of corporate bonds (for qualified investors) (phase I) (epidemic prevention and control bonds) (variety I)
2. Bond abbreviation: 20 Guojin 01
3. Bond Code: 163186 SH
4. Issuer: Sinolink Securities Co.Ltd(600109)
5. Total issuance amount: RMB 1.5 billion
6. Bond term: 2 years
7. Coupon rate: 3.03%
8. Interest period and interest payment date: the interest period of this bond is from February 26, 2020 to February 25, 2022, and the interest payment date of this bond is February 28, 2022 (in case of legal holidays, the above interest payment date will be postponed to the next trading day).
2、 Cashing and interest exchange of current bonds this year
1. Interest period of this year: February 26, 2021 to February 25, 2022. 2. The cashing interest rate of the bond is RMB 1000.03 (including the face tax of the bond) per year, and the cashing interest rate of the bond is RMB 300.03 (including the face tax of the bond).
3. Creditor’s right registration date: February 25, 2022. As of the close of the market on that day, the current bond investors are entitled to the interest of the current year and all the remaining principal of the bond balance recorded in the custody account.
4. Principal and interest payment date: February 28, 2022
5. Delisting date of bonds: February 28, 2022
3、 Methods of cashing and interest exchange
(I) the company will sign an agreement with China Securities Depository and clearing Shanghai Branch on entrusted agency bond cashing and interest conversion, and entrust China Securities Depository and clearing Shanghai branch to carry out bond cashing and interest conversion. If the company fails to transfer the bond cashing and interest conversion funds to the bank account designated by China Securities Depository and clearing Shanghai Branch on time and in full, China Securities Depository and clearing Shanghai Branch will terminate the entrusted agency bond cashing and interest conversion services according to the agreement, and the subsequent cashing and interest conversion work shall be handled by the company itself, and the relevant implementation matters shall be subject to the announcement of the company. The company will fully transfer the principal and interest of the bonds to the bank account designated by China Securities Depository and clearing Shanghai branch two trading days before the current payment and interest exchange date.
(II) after receiving the payment, China Securities Depository and clearing Shanghai Branch will transfer the bond principal and interest to the corresponding cashing institution (securities company or other institutions recognized by China Securities Depository and clearing Shanghai Branch) through the capital settlement system, and the investor will receive the bond principal and interest from the cashing institution.
4、 On the collection of corporate bond interest income tax on current bonds
(I) explanation on Levying Corporate bond interest income tax on individual investors
According to the provisions of the individual income tax law of the people’s Republic of China, the regulations on the administration of corporate bonds and other relevant regulations and documents, individual investors of the current bonds shall pay individual income tax on corporate bond interest on their bond interest income. The issuer of the current bonds has clearly explained the above provisions in the prospectus of the current bonds.
According to the notice of the State Administration of Taxation on strengthening the withholding and payment of individual income tax on corporate bond interest (Guo Shui Han [2003] No. 612), the individual income tax on bond interest of this period will be uniformly withheld and paid by each cashing institution and directly to the tax department where each cashing institution is located. All cashing institutions are requested to do a good job in withholding and paying individual income tax in accordance with the relevant provisions of the individual income tax law. If each cashing institution fails to perform the obligation of withholding and paying the individual income tax of the above bond interest, the resulting legal liability shall be borne by each cashing institution.
The collection and payment of individual income tax on the interest of the current bond is as follows:
1. Taxpayer: individual investors of the bonds
2. Tax object: interest income of current bonds
3. Tax rate: 20% of the interest amount
4. Taxation link: when individual investors receive interest at the interest payment network, the interest payment network will deduct it at one time
5. Withholding agent: each interest payment outlet responsible for the interest payment of current bonds
6. Collection and Administration Department of interest tax on current bonds: the tax department of the location of each interest payment outlet (II) instructions on levying enterprise bond interest income tax on non resident enterprises
According to the notice on the enterprise income tax and value-added tax policy of overseas institutions investing in the domestic bond market (CS [2018] No. 108) issued on November 7, 2018, the bond interest income obtained by overseas institutions investing in the domestic bond market will be temporarily exempted from enterprise income tax and value-added tax from November 7, 2018 to November 6, 2021. The scope of the above temporary exemption from enterprise income tax does not include the bond interest actually connected with the institutions and sites established by overseas institutions in China.
On October 27, 2021, the executive meeting of the State Council decided to extend the implementation period of the policy of exemption from enterprise income tax and value-added tax on bond interest income obtained by foreign institutional investors investing in the domestic bond market to December 31, 2025. Investors are invited to pay attention to the follow-up progress in the specific policy notice.
5、 Relevant institutions and contact information
1. Issuer: Sinolink Securities Co.Ltd(600109)
Address: No. 95, dongchenggenshang street, Qingyang District, Chengdu, Sichuan
Contact: Liu Ke, Wu Han
Tel: 028-86690136, 028-86699546
2. Trustee: Soochow Securities Co.Ltd(601555)
Address: No. 5, Xingyang street, Suzhou Industrial Park, Jiangsu Province
Contact: Hu Junhua, Tang Yan
Tel.: 0512-62938803
3. Custodian: China Securities Depository and Clearing Co., Ltd. Shanghai Branch
Address: 14th floor, No. 188, Yanggao South Road, Pudong New Area, Shanghai
Contact person: Feng Tianjiao
Tel.: 021-68606283 investors can check the principal and interest payment announcement at the following Internet website: http://www.sse.com.cn. It is hereby announced.
Sinolink Securities Co.Ltd(600109) board of directors
February 21, 2002
