Shenzhen Energy announces first interest payment for perpetual bonds

Shenzhen Energy Group Co. Ltd. has announced the interest payment for its 2024 publicly issued perpetual corporate bonds (Tranche 2) for professional investors, referred to as "24 Y2." The interest payment date is scheduled for November 26, 2025, covering the period from November 26, 2024, to November 25, 2025. The current coupon rate for these bonds is 2.39%.

For every 10 bonds with a face value of 1,000 yuan, the interest paid will be 23.90 yuan (pre-tax). After tax, individual investors and investment funds will receive 19.12 yuan per 10 bonds, while non-resident enterprises (including QFII and RQFII) will receive 23.90 yuan per 10 bonds. The bond registrar and paying agent is China Securities Depository and Clearing Corporation Limited, Shenzhen Branch.

The bond's basic term is five years, with the issuer having the option to extend the term at the end of each period or repay the principal in full. The next interest payment period will also maintain a coupon rate of 2.39%, with the next interest accrual date set for November 26, 2025.