宁波金田铜业（集团）股份有限公司“金田转债”第五年付息公告详解
宁波金田铜业（集团）股份有限公司“金田转债”第五年付息公告详解
公告要点
- 付息债权登记日：2026年3月20日
- 除息日：2026年3月23日
- 兑息发放日：2026年3月23日
- 每百元兑息金额（含税）：1.80元
- 最新转股价格：10.32元/股
- 信用评级：公司主体及“金田转债”均为AA+，评级展望“稳定”
- 票面利率：本年度1.80%，明年将提升至2.00%
详细解读
宁波金田铜业（集团）股份有限公司于2021年3月22日发行的可转换公司债券“金田转债”将于2026年3月23日支付第五年利息。本次付息适用于2025年3月22日至2026年3月21日持有的债券。每百元面值可转债兑息金额为1.80元（含税），个人投资者税后实际到账为1.44元，企业投资者及合格境外机构投资者税后为1.80元。
本次付息对象为截至2026年3月20日收市后，在中国证券登记结算有限责任公司上海分公司登记在册的所有“金田转债”持有人。付息资金将在付息日2个交易日前划付至托管机构，由中国结算上海分公司通过资金结算系统分发至各兑付机构，投资者可在兑付机构领取利息。
税务政策：
个人投资者需缴纳20%利息所得税，由兑付机构代扣代缴。企业投资者自行缴纳企业所得税。境外机构投资者根据财政部税务总局公告，2026年起至2027年12月31日暂免征收企业所得税和增值税，实际获得利息为1.80元（含税）。
转股价格调整：
自2025年6月13日起，最新转股价格为10.32元/股。公司曾多次因权益分派及限制性股票激励计划调整转股价格，投资者需关注转股价格变化对转股行为及潜在收益的影响。
债券基本参数：
发行规模为人民币15亿元，债券期限6年（2021年3月22日至2027年3月21日），票面金额100元，发行价格按面值发行。转股期自2021年9月27日至2027年3月21日，初始转股价格10.95元/股，现为10.32元/股。
信用评级：
公司主体及“金田转债”评级均为AA+，评级展望为“稳定”，评级机构为上海新世纪资信评估投资服务有限公司。公司未提供债券担保。
操作说明：
如公司未按时足额划付利息，托管机构将终止委托服务，后续兑付由公司自行负责，实施事宜以公司公告为准。
对投资者和股东的影响及需要关注的事项
- 付息及税务安排明确，有助于投资者合理规划债券投资收益。
- 转股价格调整影响转股行为，投资者需关注公司未来业绩及分派政策，及时把握转股机会。
- 公司信用评级稳定，未提供担保，但债券风险较低。
- 境外投资者可享受税收优惠，或带动境外资金进一步流入。
- 如付息环节出现延迟或异常，可能影响债券价格及公司信用形象。
- 本公告涉及未来利率、税务政策、转股价格调整等，均可能影响可转债价格及公司股价，投资者需关注相关动态。
相关机构联系方式
- 发行人：宁波金田铜业（集团）股份有限公司，浙江省宁波市慈城镇城西西路1号，董秘办，0574-83005059
- 保荐机构：东方证券股份有限公司，上海市中山南路318号东方国际金融广场2号楼24层，保荐代表人王为丰、石健，021-23153888
- 托管人：中国证券登记结算有限责任公司上海分公司，上海市浦东新区杨高南路188号，4008-058-058
免责声明
本文章仅作为信息披露及投资参考，不构成投资建议。投资者应结合自身风险偏好及市场情况，谨慎决策。本文内容基于公司公告，如有疑问请咨询专业机构或公司相关部门。
Ningbo Jintian Copper Group Co., Ltd. “Jintian Convertible Bond” Fifth-Year Interest Payment Announcement – Detailed Analysis
Key Highlights
- Interest Payment Record Date: March 20, 2026
- Ex-Dividend Date: March 23, 2026
- Interest Payment Date: March 23, 2026
- Interest Amount per RMB 100 (pre-tax): RMB 1.80
- Latest Conversion Price: RMB 10.32/share
- Credit Rating: AA+ for both company and bond, outlook “Stable”
- Coupon Rate: 1.80% for the current year, rising to 2.00% next year
In-depth Analysis
Ningbo Jintian Copper Group Co., Ltd. issued its convertible bond (“Jintian Convertible Bond”) on March 22, 2021. The fifth-year interest will be paid on March 23, 2026, covering the period from March 22, 2025, to March 21, 2026. Each RMB 100 face value bond earns RMB 1.80 (pre-tax); after a 20% tax deduction, individual investors will receive RMB 1.44 per bond. Enterprises and qualified foreign institutional investors receive RMB 1.80 (pre-tax).
The payment applies to all bondholders registered with China Securities Depository and Clearing Corporation Shanghai Branch as of the close of trade on March 20, 2026. The company will transfer interest funds two trading days before the payment date. The funds will be distributed via the settlement system to payout institutions, where investors can collect their interest.
Tax Policy:
Individual investors are subject to a 20% interest income tax, withheld by payout institutions. Enterprises must pay corporate income tax themselves. From January 1, 2026, to December 31, 2027, qualified foreign institutions are exempt from corporate income tax and VAT, per Ministry of Finance and State Taxation Administration announcements.
Conversion Price Adjustments:
As of June 13, 2025, the latest conversion price is RMB 10.32/share. The company has adjusted conversion prices multiple times due to equity distributions and stock incentive plans. Investors should monitor these changes as they impact conversion opportunities and potential returns.
Bond Parameters:
The bond was issued at RMB 1.5 billion, with a 6-year term (March 22, 2021, to March 21, 2027), RMB 100 face value, issued at par. The conversion period is from September 27, 2021, to March 21, 2027. Initial conversion price was RMB 10.95/share, now RMB 10.32/share.
Credit Rating:
Both company and bond are rated AA+ with a stable outlook by Shanghai New Century Credit Rating Co., Ltd. No guarantee is provided for the bond.
Operational Note:
If the company fails to transfer funds on time, the clearing agency will terminate its service and the company will handle subsequent payments itself, subject to further company announcements.
Investor & Shareholder Impact and Points to Watch
- Clear payment and tax arrangements help investors plan returns.
- Conversion price changes affect conversion decisions; monitor company performance and policies for opportunities.
- Stable credit rating, no guarantee, but bond risk is low.
- Tax exemptions for foreign investors may attract additional capital.
- Payment delays or irregularities could impact bond prices and company reputation.
- Interest rate, tax policy, and conversion price adjustments may affect bond and share prices; stay alert for updates.
Contact Information
- Issuer: Ningbo Jintian Copper Group Co., Ltd., 1 Chengxi West Road, Cicheng Town, Ningbo, Board Secretary Office, 0574-83005059
- Sponsor: Orient Securities Co., Ltd., 24th floor, Building 2, Orient International Financial Plaza, 318 Zhongshan South Road, Shanghai, Sponsor Representatives Wang Weifeng, Shi Jian, 021-23153888
- Custodian: China Securities Depository and Clearing Corporation Shanghai Branch, 188 Yanggao South Road, Pudong, Shanghai, 4008-058-058
Disclaimer
This article is for information and investment reference only and does not constitute investment advice. Investors should consider their own risk profile and market conditions before making decisions. Content is based on company announcements; please consult professional institutions or company departments if in doubt.
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