Guosen Securities announces 2025 bond payments and redemptions

Guosen Securities announced interest payments for its "23 Guozheng 11" (tranche two, bond code 148532) bonds, with an annual interest rate of 3.12%. The interest payment date is set for December 8, 2025, covering the period from December 6, 2024, to December 5, 2025. Each ZAR10 bond will receive ZAR31.20 (pre-tax) interest.

Concurrently, the company also announced the principal and interest payment and delisting for its "23 Guozheng 10" (tranche one, bond code 148531) bonds, which carry an annual interest rate of 2.90%. The redemption and interest payment date for this tranche is also December 8, 2025, with the same interest calculation period. Each ZAR10 bond will receive a total of ZAR1,029.00 (pre-tax), comprising ZAR1,000 principal and ZAR29.00 interest.

Both bond tranches will have their interest and principal distributed through China Securities Depository and Clearing Corporation Limited Shenzhen Branch. Non-resident enterprises (including QFII and RQFII) are exempt from enterprise income tax on bond interest income until December 31, 2025, while individual investors are subject to a 20% personal income tax.