Longi Green Energy announces interest payment for "Long 22" convertible bond

Longi Green Energy Technology Co., Ltd. announced the fourth-year interest payment for its "Long 22 convertible bond" (bond code: 113053). The interest payment for the period from January 5, 2025, to January 4, 2026, will commence on January 5, 2026. The bond, issued on January 5, 2022, has a total face value of CNY 700,000,000 across 70,000,000 bonds, with a six-year term. For this fourth year, the annual coupon rate is 1.20% (including tax), resulting in an interest payment of CNY 1.20 per CNY 100 face value.

The bond's conversion price has undergone several adjustments since its initial conversion price of CNY 82.65 per share. Most recently, due to the activation of the downward conversion price adjustment clause, the conversion price was revised from CNY 58.28 per share to CNY 17.50 per share, effective March 11, 2025.

The interest payment record date for this period is December 31, 2025, with the ex-interest date and interest payment date both set for January 5, 2026. All "Long 22 convertible bond" holders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch by the close of business on December 31, 2025, will be eligible for the interest payment. Individual investors will receive CNY 0.96 per CNY 100 face value after a 20% personal income tax deduction, while resident enterprise investors will receive the full CNY 1.20 per CNY 100 face value.