New Hope Dairy announces annual interest payment for convertible bonds

New Hope Dairy Co., Ltd. has announced the interest payment for its convertible corporate bonds for the fifth year, covering the period from December 18, 2024, to December 17, 2025. Bondholders will receive an annual interest rate of 1.80%, translating to 18.00 yuan (including tax) per 10 bonds (nominal value 1,000.00 yuan).

The record date for this interest payment is December 17, 2025, with the ex-interest date and payment date both set for December 18, 2025.

Individual investors and mutual funds will have a 20% withholding tax applied to their interest income, resulting in a net payment of 14.40 yuan per 10 bonds. Eligible overseas institutional investors (including QFII and RQFII) are exempt from enterprise income tax and value-added tax on this interest, receiving the full 18.00 yuan per 10 bonds. Other bondholders are responsible for self-paying their interest income tax.

The convertible bonds were originally issued on December 18, 2020, with a total value of 71,800 million yuan. The next interest accrual period will commence on December 18, 2025, at an annual interest rate of 2.00%.