Will Semiconductor announces 2025 convertible bond interest payment

Will Semiconductor Co., Ltd. Shanghai has announced the 2025 interest payment for its "Well Convertible Bonds" (stock code: 113616), with a per-bond payment of CNY 1.80 (pre-tax). The interest payment is for the period from December 28, 2024, to December 27, 2025, reflecting a coupon rate of 1.8% for the fourth year of issuance.

The record date for entitlement to this interest payment is December 26, 2025, with the ex-interest date and payment date both set for December 29, 2025. Holders of the convertible bonds on record as of the Shanghai Stock Exchange's closing on December 26, 2025, will be eligible for the payment. Bonds converted or submitted for conversion to company shares prior to or on the record date will not be eligible for this or future interest payments.

Individual investors are subject to a 20% income tax, resulting in a net payment of CNY 1.44 per CNY 100 face value. Resident enterprises will receive the full CNY 1.80, while qualified foreign institutional investors are exempt from enterprise income tax and value-added tax for this payment, also receiving CNY 1.80.