Securities code: 300078 securities abbreviation: Hangzhou Century Co.Ltd(300078) Announcement No.: 2022-004 bond Code: 123096 bond abbreviation: Sichuang convertible bond
Hangzhou Century Co.Ltd(300078)
Announcement on interest payment of “Sichuang convertible 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.
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1. Sichuang convertible bonds (bond Code: 123096) will pay the first year’s interest at face value on January 26, 2022. The interest of every 10 “Sichuang convertible bonds” (face value: 1000 yuan) is 4.00 yuan (including tax).
2. Creditor’s right registration date: January 25, 2022
3. Interest payment period and coupon rate: the interest period is from January 26, 2021 to January 25, 2022, and the coupon rate is 0.4%.
4. Interest payment date: January 26, 2022
5. Ex dividend date: January 26, 2022
6. The creditor’s right registration date of this interest payment of “Sichuang convertible bonds” is January 25, 2022. Investors who buy and hold the bonds before January 25, 2022 (inclusive) are entitled to the interest distributed this time. Investors who sell the bonds on January 25, 2022 do not enjoy the interest distributed this time. For the convertible bonds applied for conversion into the company’s shares before the interest payment creditor’s rights registration date (including the interest payment creditor’s rights registration date), the company will no longer pay the interest of the current interest year and subsequent interest years to its holders.
7. Value date of the next interest payment period: January 26, 2022
8. Coupon rate for next year: 0.6%
Hangzhou Century Co.Ltd(300078) (hereinafter referred to as “the company”) publicly issued 8.17 million convertible bonds (bond abbreviation: Sichuang convertible bonds, bond Code: 123096) on January 26, 2021. According to the relevant provisions of the prospectus for the public offering of convertible bonds on the Hangzhou Century Co.Ltd(300078) gem (hereinafter referred to as the “prospectus”), the interest shall be paid once a year during the interest period of “Sichuang convertible bonds”, and the company will pay the interest for the first year on January 26, 2022. The matters related to this interest payment are now announced as follows: I. Basic information of Sichuang convertible bonds
1. Convertible bond abbreviation: Sichuang convertible bond
2. Convertible bond Code: 123096
3. Issuance of convertible bonds: 817 million yuan (8.17 million pieces)
4. Listing volume of convertible bonds: 817 million yuan (8.17 million pieces)
5. Listing place of convertible bonds: Shenzhen Stock Exchange
6. Listing time of convertible bonds: February 25, 2021
7. Starting and ending dates of convertible bonds: January 26, 2021 to January 25, 2027
8. The start and end date of the convertible bond to equity period: August 2, 2021 to January 25, 2027
9. Coupon rate of convertible bonds: 0.40% in the first year, 0.60% in the second year, 1.00% in the third year, 1.50% in the fourth year, 2.50% in the fifth year and 3.00% in the sixth year. The redemption price at maturity is 118.00 yuan (including the last interest)
10. Term and method of interest payment: the convertible 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
Annual interest refers to the current interest that the holders of convertible bonds can enjoy for each full year from the first day of this convertible bond issuance 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 issued this time on the registration date of interest payment creditor’s rights in the interest bearing year (hereinafter referred to as “current year” or “each year”);
i: It refers to the coupon rate of convertible bonds in the current year.
(2) Interest payment method
1) This convertible bond adopts the interest payment method of paying interest once a year, and the starting date of interest calculation is the first day of convertible bond issuance. The tax payable on the interest income obtained by the convertible bond holder shall be borne by the convertible bond holder.
2) Interest payment date: the interest payment date of each year is the date of each full year from the first date of this convertible bond issuance. If the day is a legal holiday or rest day, it shall be postponed to the next working day without additional interest. Every two adjacent interest payment days is an interest year.
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. Convertible bonds that apply for conversion into shares of the company before the registration date of interest paying creditor’s rights (including the registration date of interest paying creditor’s rights) shall not enjoy the interest of this interest year and subsequent interest years.
11. Convertible bond registration authority: 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): Citic Securities Company Limited(600030)
13. Guarantee of convertible bonds: no guarantee is provided for the convertible bonds issued this time
14. Credit rating and credit rating institution of convertible bonds: China Securities PENGYUAN credit rating Co., Ltd. (hereinafter referred to as “China Securities PENGYUAN”) has carried out credit rating on the convertible bonds issued this time. The main credit rating of the company is AA -, and the credit rating of the convertible bonds this time is AA-
According to the 2021 tracking rating report of 2021 Hangzhou Century Co.Ltd(300078) Technology Co., Ltd. gem issuing convertible corporate bonds to unspecified objects (Zhongpeng Xin Ping [2021] tracking No. [685] 02) issued by CSI PENGYUAN on June 29, 2021, the main credit rating of the company is AA -, the rating outlook is stable, and the credit rating of the current bond is AA-
2、 Interest payment scheme
According to the provisions of the prospectus, the current period is the first year of interest payment for “Sichuang convertible bonds”. The interest period is from January 26, 2021 to January 25, 2022. The coupon rate of the current period is 0.4%. The interest paid this time is 4.00 yuan (including tax) for every 10 bonds (face value 1000 yuan). For individual investors holding “Sichuang 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 3.20 yuan; For qualified foreign investors (QFII and rqfii) holding “Sichuang convertible bonds”, according to the announcement on the continuation of enterprise income tax and value-added tax policies for overseas institutions investing in the domestic bond market, the enterprise income tax and value-added tax are temporarily exempted, and the actual interest is 4.00 yuan per 10 bonds; For other bondholders holding “Sichuang convertible bonds”, interest of 4.00 yuan will be distributed for every 10 bonds. 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 right registration date: January 25, 2022 (Tuesday)
2. Ex dividend date: Wednesday, January 26, 2022
3. Interest payment date: Wednesday, January 26, 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 January 25, 2022 (the date is the creditor’s right 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. 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 laws and regulations, the individual bondholders of the current bonds (including securities investment funds) shall pay individual interest income tax on 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 outlet when paying interest to bondholders and stored locally.
2. Notes on non resident enterprises paying corporate bond interest income tax
According to the enterprise income tax law of the people’s Republic of China and its implementation regulations, the announcement on the continuation of the enterprise income tax and value-added tax policies for overseas institutions to invest in the domestic bond market, from November 7, 2021 to December 31, 2025, The bond interest income obtained by overseas institutions investing in the domestic bond market is temporarily exempted from enterprise income tax and value-added tax. 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.
3. Notes on 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
Consulting department: Hangzhou Century Co.Ltd(300078) Securities Department
Contact: Tang Ying
Tel.: 0571-28818665
8、 Documents for future reference
CSDCC Shenzhen Branch confirms the documents related to the specific schedule of interest payment.
It is hereby announced.
Hangzhou Century Co.Ltd(300078) board of directors
January 19, 2022
