Securities code: Guangdong Topstar Technology Co.Ltd(300607) securities abbreviation: Guangdong Topstar Technology Co.Ltd(300607) Announcement No.: 2022017 bond Code: 123101 bond abbreviation: TOS convertible bond
Guangdong Topstar Technology Co.Ltd(300607)
Announcement on interest payment of convertible corporate bonds in 2022
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. “Tuosi convertible bonds” (bond Code: 123101) will pay the first year’s interest at face value on March 10, 2022, and the interest of every 10 “Tuosi convertible bonds” (face value: 1000 yuan) is 3.00 yuan (including tax).
2. Creditor’s rights registration date: March 9, 2022 (Wednesday)
3. Interest payment date: Thursday, March 10, 2022
4. Ex dividend date: Thursday, March 10, 2022
5. Interest payment period and coupon rate: the interest period is from March 10, 2021 to March 9, 2022, and the coupon rate is 0.30%.
6. The creditor’s right registration date of this interest payment of “Tuosi convertible bonds” is March 9, 2022. After the closing of Shenzhen Stock Exchange on the afternoon of March 9, 2022, the holders of “Tuosi convertible bonds” registered in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as “Clearing Company”) enjoy the interest distributed this time, For the convertible corporate bonds that apply for conversion into the company’s shares before March 9, 2022 (inclusive), the company will no longer pay the interest of the current interest year and subsequent interest years to its holders.
7. Coupon rate for the next year: 0.50%.
Guangdong Topstar Technology Co.Ltd(300607) (hereinafter referred to as “the company”) will pay the interest of “Tuosi convertible bonds” from March 10, 2021 to March 9, 2022 on March 10, 2022. According to the relevant provisions of the prospectus for the issuance of convertible corporate bonds to unspecified objects on Guangdong Topstar Technology Co.Ltd(300607) gem (hereinafter referred to as “the prospectus”), The matters related to this interest payment are hereby announced as follows:
1、 Basic information of TOS convertible bonds
1. Abbreviation of convertible bonds: TOS convertible bonds
2. Convertible bond Code: 123101
3. Issuance of convertible bonds: 670 million yuan (6.7 million pieces)
4. Listing volume of convertible bonds: 670 million yuan (6.7 million pieces)
5. Listing place of convertible bonds: Shenzhen Stock Exchange
6. Listing time of convertible bonds: March 29, 2021
7. The starting and ending date of the existence of convertible corporate bonds: March 10, 2021 to March 9, 2027.
8. The start and end date of the convertible corporate bonds conversion period: September 16, 2021 to March 9, 2027.
9. Coupon rate of convertible bonds: 0.30% in the first year, 0.50% in the second year, 1.00% in the third year, 1.50% in the fourth year, 1.80% in the fifth year and 2.00% in the sixth year. 10. Term and method of interest payment:
The convertible corporate bonds issued this time adopt the interest payment method of paying interest once a year, and return the principal and interest of the last year when due.
(1) Annual interest calculation
The interest in the interest bearing year (hereinafter referred to as “annual interest”) refers to the current interest enjoyed by the holders of convertible corporate bonds for each full year from the first date of issuance of convertible corporate bonds according to the total face value of convertible corporate bonds.
The calculation formula of annual interest is: I = B × i
1: Refers to the annual interest amount;
B: Refers to the total face value of convertible corporate bonds held by the holders of convertible corporate bonds issued this time on the date of interest payment creditor’s rights registration in the interest bearing year (hereinafter referred to as “current year” or “each year”);
i: Refers to the coupon rate of convertible corporate bonds in the current year.
(2) Interest payment method
1) The convertible corporate bonds issued this time adopt the interest payment method of paying interest once a year, and the starting date of interest calculation is the first day of issuance of convertible corporate bonds.
2) Interest payment date: the interest payment date of each year is the day of each full year from the first day of the issuance of convertible corporate bonds. If that day is a legal holiday or rest day, it will be postponed to the next trading day, and no additional interest will be paid during the extended period. The interest year is between two adjacent interest payment days.
3) Interest payment creditor’s right registration date: the interest payment creditor’s right registration date of each year is the trading day before the interest payment date of each year. The company will pay the interest of the current year within five trading days after the interest payment date of each year. Before the registration date of interest payment creditor’s rights (including the registration date of interest payment creditor’s rights), the company will no longer pay the interest of this interest bearing year and subsequent interest bearing years to its holders.
4) The tax payable on the interest income obtained by the holders of convertible corporate bonds shall be borne by the holders.
11. Convertible bond registration institution: Shenzhen Branch of China Securities Depository and Clearing Co., Ltd
12. Sponsor (lead underwriter): Zhongtian Guofu Securities Co., Ltd
13. Guarantee of convertible bonds: the convertible bonds issued this time do not provide guarantee
14. Credit rating and credit rating agency of convertible corporate bonds: China Securities PENGYUAN credit rating Co., Ltd. has rated the convertible corporate bonds issued this time, and the main credit rating of the company is AA. The credit rating of the convertible bonds issued this time is AA, and the rating outlook is stable.
2、 This interest payment scheme
According to the provisions of the prospectus, this interest payment is the first year of “Tuosi convertible bonds”, and the interest period is from March 10, 2021 to March 9, 2022. The coupon rate of the current period is 0.30%, and the interest paid this time is RMB 3.00 (including tax) for every 10 “Tuosi convertible bonds” (with a face value of RMB 1000).
For individual investors holding “Tuosi convertible bonds” and bondholders of securities investment funds, the interest income tax shall be withheld and paid by cashing and distribution institutions such as securities companies at the tax rate of 20%. The company does not withhold and pay income tax, and the actual interest distributed for every 10 bonds is 2.40 yuan; For qualified foreign investors (QFII and rqfii) holding “TOS convertible bonds”, according to the notice on enterprise income tax and value-added tax policies for overseas institutions investing in domestic bond market (CS [2018] No. 108) and other provisions, the enterprise income tax and value-added tax are temporarily exempted, and the actual interest is 3.00 yuan per 10 bonds; For other bondholders holding “Tuosi convertible bonds”, the interest will be distributed at 3.00 yuan for every 10 bonds, and other bondholders will pay bond interest income tax by themselves, and the company will not withhold and pay income tax.
3、 Registration date, ex dividend date and interest payment date of this interest payment creditor’s right
1. Creditor’s rights registration date: March 9, 2022 (Wednesday)
2. Ex dividend date: Thursday, March 10, 2022
3. Interest payment date: Thursday, March 10, 2022
4、 Interest payment object
The interest payment object of the current bonds is: all the holders of the current bonds registered with China Clearing Shenzhen Branch after the closing of Shenzhen Stock Exchange on the afternoon of March 9, 2022 (the date is the creditor’s rights registration date).
5、 Interest payment method
The company will entrust CSDCC Shenzhen Branch to make this interest payment and transfer the current interest funds to the bank account designated by CSDCC Shenzhen Branch. After receiving the payment, CSDCC Shenzhen Branch will transfer the interest of the current bond to the corresponding interest payment network through the capital settlement system (the business department of the securities company designated by the bondholder or other institutions recognized by CSDCC Shenzhen Branch).
6、 Notes on the payment of corporate bond interest income tax by the interest payment object this time
1. Description of individual payment of corporate bond interest income tax
According to the individual income tax law of the people’s Republic of China and other relevant laws and regulations, the individual bondholders of the current bonds (including securities investment funds) shall pay the income tax on the individual interest income of corporate bonds, and the tax rate is 20% of the interest amount. 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 is uniformly withheld and paid by all interest payment outlets when paying interest to bondholders.
2. Description of non resident enterprises paying corporate bond interest income tax
For non resident enterprises such as qualified foreign institutional investors and RMB foreign institutional investors holding the bonds (the meaning is the same as the enterprise income tax law of the people’s Republic of China), according to the notice on the enterprise income tax and value-added tax policy for overseas institutions investing in the domestic bond market (CS [2018] No. 108) issued on November 7, 2018, From November 7, 2018 to November 6, 2021, the bond interest income obtained by overseas institutions investing in the domestic bond market is temporarily exempted from corporate income tax and value-added tax. 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 the end of the 14th five year plan, that is, December 31, 2025. Therefore, the current bond interest obtained by the bondholders of non resident enterprises (including QFII and rqfii) is exempted from corporate income tax, that is, the actual distribution amount of each convertible bond with a face value of 100 yuan is 0.30 yuan (including tax). 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. 3. Description of other bondholders’ payment of corporate bond interest income tax
For other bondholders, their bond interest income tax shall be paid by themselves.
7、 Contact information
Contact Department: Securities Department of the company
Contact person: Fu Rongting / Jiang Zhengcai Tel.: 076982893316 email: [email protected]. It is hereby announced.
Guangdong Topstar Technology Co.Ltd(300607) board of directors March 3, 2022
