Sunoren Solar announces 2025 convertible bond interest payment details

Zhejiang Sunoren Solar Technology Co., Ltd. announced the upcoming interest payment for its "Xinneng Convertible Bonds" (stock code: 113679). The interest payment will cover the period from October 26, 2024, to October 25, 2025, with a coupon rate of 0.50% (inclusive of tax). Each RMB100 face value convertible bond will yield an interest payment of RMB0.50 (inclusive of tax), resulting in a net payout of RMB0.40 after a 20% individual income tax.

The bond's current conversion price stands at RMB12.75 per share, adjusted from the initial RMB13.10 due to 2023 and 2024 equity distributions. The key dates for this interest payment are: a bondholder registration date of October 24, 2025, and an ex-dividend date and interest payment date of October 27, 2025. The interest payment date was shifted from October 25, 2025, due to a public holiday, with no additional interest accrued during the deferral period.

This payment applies to all "Xinneng Convertible Bonds" holders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of business on October 24, 2025. Qualified foreign institutional investors and RMB qualified foreign institutional investors are exempt from enterprise income tax and value-added tax on this bond interest until December 31, 2025.