Autel Intelligent Technology (SHA:688208) is paying 1.50 yuan per 100 yuan face value under its fourth-year interest payment for 1.28 billion yuan in convertible bonds.
The interest will be paid July 8 to holders of record as of July 7, according to a Wednesday filing with the Shanghai bourse.
The bonds, issued in July 2022, carry a 1.50% coupon for year four.