China Merchants Shekou announces 2025 bond interest payments

China Merchants Shekou Industrial Zone Holdings Co., Ltd. announced the upcoming interest payment for its 2024 publicly issued corporate bonds (second tranche) to professional investors. The two bond varieties, "24 Shekou 03" (code: 148900) and "24 Shekou 04" (code: 148901), will have their interest paid on September 5, 2025. The record date for bondholders to be eligible for this payment is September 4, 2025.

The "24 Shekou 03" bond has a coupon rate of 2.25%, resulting in an interest payment of CNY 22.50 per CNY 1,000 face value. For individual and securities investment fund bondholders, the actual payment after tax is CNY 18.00. The "24 Shekou 04" bond carries a coupon rate of 2.35%, leading to an interest payment of CNY 23.50 per CNY 1,000 face value, or CNY 18.80 after tax for individual and securities investment fund bondholders.

Both bond varieties were issued with a total value of CNY 40 billion, with "24 Shekou 03" accounting for CNY 25 billion and "24 Shekou 04" for CNY 15 billion. Interest for foreign institutional investors on these bonds is exempt from corporate income tax and value-added tax until December 31, 2025. The company will entrust China Securities Depository and Clearing Corporation Limited Shenzhen Branch to facilitate these payments.