China Southern Airlines announces 2025 convertible bond interest payment details

China Southern Airlines Co., Ltd. has announced the 2025 interest payment for its "CSAIR convertible bonds" (security code: 110075), covering the period from October 15, 2024, to October 14, 2025. The interest payment will be made on October 15, 2025, with the record date for bondholder eligibility set for October 14, 2025.

The annual interest rate for this period is 1.50% (tax inclusive), resulting in an interest payment of 1.50 yuan per 100 yuan face value of the convertible bond. For individual investors, the actual payout will be 1.20 yuan per 100 yuan face value after a 20% personal income tax deduction, handled by the redemption agencies. Resident enterprises are responsible for their own tax payments.

Non-resident enterprises (including QFII and RQFII) holding CSAIR convertible bonds will receive the full 1.50 yuan per 100 yuan face value as their interest income is temporarily exempt from enterprise income tax and value-added tax until December 31, 2025, according to relevant tax policies. This exemption does not apply to income obtained by offshore institutions with actual ties to their domestic establishments.