Securities code: Souyute Group Co.Ltd(002503) securities abbreviation: Souyute Group Co.Ltd(002503) Announcement No.: 2022015 convertible bond Code: 128100 convertible bond abbreviation: soute convertible bond
Souyute Group Co.Ltd(002503)
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. "Soute convertible bonds" will pay the interest for the second year at par value on March 14, 2022, and the interest for every 10 "soute convertible bonds" (par value 1000 yuan) is 6.00 yuan (including tax)
2. Creditor's right registration date: March 11, 2022
3. Ex dividend date: March 14, 2022
4. Interest payment date: March 14, 2022
5. Coupon rate of "soute convertible bonds": 0.4% in the first year, 0.6% in the second year, 1.0% in the third year, 1.5% in the fourth year, 1.8% in the fifth year and 2.0% in the sixth year.
6. The creditor's right registration date of this interest payment of "soute convertible bonds" is March 11, 2022. Investors who buy and hold the bonds before March 11, 2022 (inclusive) enjoy the interest distributed this time; Investors who sell the bonds on March 11, 2022 do not enjoy the interest distributed this time.
7. Value date of the next interest payment period: March 12, 2022
8. Interest rate for the next interest payment period: 1.0%
Souyute Group Co.Ltd(002503) (hereinafter referred to as "the company" or " Souyute Group Co.Ltd(002503) ") publicly issued 8 million convertible corporate bonds (bond abbreviation: soute convertible bonds, bond Code: 128100) on March 12, 2020. According to the relevant provisions of the prospectus for the public offering of convertible corporate bonds of Souyute Group Co.Ltd(002503) company (hereinafter referred to as the prospectus) and the announcement on the listing of convertible corporate bonds of Souyute Group Co.Ltd(002503) company (hereinafter referred to as the listing announcement), the interest shall be paid once a year within the interest period of soute convertible bonds, The interest payment of soute convertible bonds from March 12, 2021 to March 11, 2022 is hereby announced as follows:
1、 Basic information of soute convertible bonds
1. Search convertible bond
2. Convertible corporate bond Code: 128100
3. Issuance of convertible corporate bonds: 80 million yuan (8 million pieces)
4. Listing volume of convertible corporate bonds: 80 million yuan (8 million pieces)
5. Listing place of convertible corporate bonds: Shenzhen Stock Exchange
6. Listing time of convertible corporate bonds: April 9, 2020
7. Starting and ending dates of convertible corporate bonds: March 12, 2020 to March 12, 2026
8. Starting and ending date of convertible corporate bonds conversion period: September 18, 2020 to March 12, 2026
9. Coupon rate of "soute convertible bonds": 0.4% in the first year, 0.6% in the second year, 1.0% in the third year, 1.5% in the fourth year, 1.8% in the fifth year and 2.0% in the sixth year.
10. Term and method of interest payment
(1) This interest payment is the second year of the "soute convertible bond", with a coupon rate of 0.6% from March 12, 2021 to March 11, 2022.
(2) Annual interest calculation
Annual interest refers to the current interest enjoyed by the holders of convertible bonds for each full year from the first date of issuance of convertible bonds according to the total face value of the convertible bonds held.
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 bonds held by the holders of convertible bonds in the interest bearing year (hereinafter referred to as "current year" or "each year") on the registration date of interest payment creditor's rights;
i: It refers to the coupon rate of the convertible bond in the current year.
(3) Interest payment method
A. The convertible 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 convertible bonds issuance.
B. Interest payment date: the interest payment date of each year is the date of each full year from the first date of issuance of the convertible bonds issued this time. If the day is a legal holiday or rest day, it shall be postponed to the next working day without additional interest. The interest year is between two adjacent interest payment days. The ownership of interest and dividends in the year of share conversion shall be determined by the board of directors of the company in accordance with relevant laws and regulations and the provisions of Shenzhen Stock Exchange.
C. 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. For the convertible bonds applied for conversion into the company's shares before the registration date of interest paying creditor's rights (including the registration date of interest paying creditor's rights), the company will no longer pay the interest of this interest year and subsequent interest years to its holders.
D. The tax payable on the interest income obtained by the convertible bond holder shall be borne by the convertible bond holder.
11. Registration institution of convertible corporate bonds: Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "Shenzhen Branch of China Securities Depository and Clearing Corporation")
12. Sponsor (lead underwriter): Huaying Securities Co., Ltd
13. Guarantee of convertible corporate bonds: no guarantee is provided for the convertible bonds issued this time
14. Credit rating and credit rating agency of convertible corporate bonds: the convertible corporate bonds are rated by united credit rating Co., Ltd. (hereinafter referred to as "united credit"). In October 2020, the existing securities rating business of united credit and its corresponding rights and obligations were inherited by united credit rating Co., Ltd. (hereinafter referred to as "united credit").
According to the "Union [2019] No. 622" credit rating report of Souyute Group Co.Ltd(002503) A-share convertible corporate bonds issued by united credit on May 7, 2019, the credit rating of Souyute Group Co.Ltd(002503) subject is AA and the rating outlook is stable; The credit rating of convertible corporate bonds this time is AA.
The 2020 tracking rating report of Souyute Group Co.Ltd(002503) convertible corporate bonds [United (2020) No. 1266] issued by united credit on June 17, 2020 maintained the long-term credit rating of the company as AA and the rating outlook was stable; Maintain the credit rating of "soute convertible bonds" as AA.
The 2021 tracking rating report of Souyute Group Co.Ltd(002503) convertible corporate bonds [United (2021) No. 4495] issued by united credit on June 25, 2021 lowered the long-term credit rating of the company's main body to a, and the rating outlook was negative; Reduce the credit rating of "soute convertible bonds" to a.
The announcement of Lianhe credit evaluation Co., Ltd. on reducing the credit rating of Souyute Group Co.Ltd(002503) subject and related debts [Lianhe (2022) No. 1092] issued by Lianhe credit on February 18, 2022 lowered the long-term credit rating of the company's subject to BB, with a negative rating outlook; Reduce the credit rating of "soute convertible bonds" to BB.
2、 This interest payment scheme
According to the provisions of the prospectus, the current period is the second year of interest payment of soute convertible bonds, the interest period is from March 12, 2021 to March 11, 2022, the coupon rate is 0.6%, and the interest paid for every 10 soute convertible bonds (face value 1000 yuan) is RMB 6.00 (including tax). For individual investors and bondholders of securities investment funds who hold soute convertible bonds, 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 will not withhold and pay the income tax, and the actual interest distributed for every 10 bonds is RMB 4.80; For qualified foreign investors (QFII and rqfii) holding soute convertible bonds, 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) and the announcement on the continuation of the enterprise income tax and value-added tax policy of overseas institutions investing in the domestic bond market (Announcement No. 34 of the Ministry of Finance and the State Administration of Taxation, 2021), The implementation period of the policy of temporary exemption from corporate income tax and value-added tax on bond interest income obtained by overseas institutional investors investing in domestic bond market will be extended to December 31, 2025, so the company will distribute interest of RMB 6.00 for every 10 bonds; For other bondholders holding soute convertible bonds, the company will not withhold and pay income tax. The interest distributed for every 10 bonds is 6.00 yuan, and other bondholders will pay bond interest income tax by themselves.
3、 Interest payment creditor's right registration date, ex dividend date and interest payment date
According to the relevant provisions of the prospectus and the listing announcement, the creditor's rights registration date, ex dividend date and interest payment date of this convertible bond interest payment are as follows:
1. Creditor's rights registration date: Friday, March 11, 2022
2. Ex dividend date: March 14, 2022 (Monday)
3. Interest payment date: Monday, March 14, 2022
4、 Interest payment object
The object of this interest payment is all the holders of "soute convertible bonds" registered in China Clearing Shenzhen Branch after the closing of Shenzhen Stock Exchange on the afternoon of March 11, 2022 (the date is the creditor's right registration date). 5、 Bond interest payment method
The company will entrust CSDCC Shenzhen Branch to make this interest payment. The company will transfer the full amount of interest on the bonds to the bank account designated by CSDCC Shenzhen Branch. After receiving the payment, CSDCC Shenzhen Branch will transfer the interest of "soute convertible bonds" 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. Notes on 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 tax regulations and documents, the bondholders of individual bonds (including securities investment funds) shall pay individual income tax on the interest 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 each interest payment network when paying interest to bondholders and stored locally.
2. Explanation of non resident enterprises paying corporate bond interest income tax
According to the notice on the enterprise income tax and value-added tax policies for overseas institutions investing in the domestic bond market (CS 2018 [108]), 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, According to the announcement on the continuation of the enterprise income tax and value-added tax policies for overseas institutional investors investing in the domestic bond market (Announcement No. 34 of the Ministry of Finance and the State Administration of Taxation, 2021), the implementation period of the policy of exemption from enterprise income tax and value-added tax on bond interest income obtained by overseas institutional investors investing in the domestic bond market will be extended to December 31, 2025. Therefore, the current bond interest obtained by the bondholders of non resident enterprises (including QFII and rqfii) of the current bond is temporarily exempted from corporate income 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. Notes on other bondholders' payment of corporate bond interest income tax
In accordance with the enterprise income tax law of the people's Republic of China and other relevant tax regulations and documents, for resident enterprises holding convertible bonds, the bond interest income tax shall be paid by themselves, and the company is not responsible for withholding and paying.
7、 Contact information
Consulting organization: Souyute Group Co.Ltd(002503)
Address of the securities department: No. 1, xinhongchang Road, Daojiao Town, Dongguan City
Contact: Liao Gangyan
Tel: 076981333505
Fax: 076981333508
8、 Documents for future reference
The Shenzhen Branch of China Securities Depository and Clearing Corporation Limited confirms the documents related to the specific schedule of interest payment.
It is hereby announced.
Souyute Group Co.Ltd(002503) board of directors March 8, 2022
