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Ferrotec An Hui Tech to Pay First-Year Interest on 2029 Convertible Bonds

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Ferrotec An Hui Technology Development (SHE:301297) will distribute the first-year interest for its convertible bonds maturing in 2029 on July 8, according to a Shenzhen Stock Exchange filing on Wednesday.

The payout covers the interest period from July 8, 2025, to July 7, 2026, carrying a coupon rate of 0.01% per annum.

Eligible bondholders will receive 0.10 yuan for every 10 bonds held, the semiconductor and display panel cleaning services company said.

Individual investors will be subject to a 20% tax, netting 0.08 yuan per 10 bonds, while qualified foreign institutional investors are temporarily tax-exempt.

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