Zhejiang Longsheng (600352):2016 Corporate Bonds (Second Issue) Interest Announcement

Stock short: Zhejiang Longsheng Stock Code: 600352 announcement number: 2020-012

Zhejiang Longsheng group Limited by Share Ltd 2016 corporate bonds (phase second) 2020 interest payment notice

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Special note:

Debt registration date: March 16, 2020 bond interest payment day: March 17, 2020

The company's 2016 corporate bonds (phase second) (hereinafter referred to as the "bonds") issued by the Zhejiang Longsheng group Limited by Share Ltd (hereinafter referred to as "company" and "issuer") in March 17, 2016 will pay interest from March 17, 2019 to March 16, 2020 in March 17, 2020. According to the relevant provisions of the Zhejiang dragon group Limited by Share Ltd's public offering of the prospectus for corporate bonds (phase second) 2016 (for qualified investors) and the Zhejiang public announcement on the 2016 issue of corporate bonds (phase second) (for qualified investors), the relevant matters are announced as follows:

1. The current situation of bonds.

1, the name of the bond: Zhejiang Longsheng group Limited by Share Ltd 2016 corporate bonds (phase second).

2, bond abbreviation and code: variety one bond abbreviation and code are respectively 16 Longsheng 03, 136301; two of the varieties of bonds referred to and code respectively 16 Longsheng 04, 136302.

3, issuer: Zhejiang Longsheng group Limited by Share Ltd.

4, the total amount and duration of the issue: the issuance scale of this issue is RMB 4 billion yuan, divided into two varieties. The first is a 5 year period, with the option of adjusting the coupon interest rate and the investor's right to sell back at the end of third. The actual issuance scale is 3 billion 500 million yuan. As of February 27, 2019, the "16 Long Sheng 03" return sale was completed. The maturity date of some of the bonds sold in March 17, 2019 was March 17, 2019. The maturity date of some unsold bonds was March 17, 2021. 302 hands (1 hands for 10 sheets), the repurchase amount is 1616302000 yuan (excluding interest), after the implementation of the sale, "16 Longsheng 03" corporate bonds listed on the Shanghai stock exchange and the number of transactions is 18836980 (each face 100 yuan). The second is 5 years, and the actual scale is 500 million yuan.

5, the approval organ and symbol of bond issuing: [2015]3163 of the SFC.

6, the form of bonds: real name bookkeeping.

7, bond interest rate: variety one coupon rate is 3.48%. The coupon interest rate is fixed within the first 3 years of the term of existence. The issuer decided to raise the coupon rate of the last 2 years by 67 basis points at the end of third, which is from March 17, 2019 to March 16, 2021. The coupon rate is 4.15% from March 17, 2019 to March 16, 2021. Notice). The two (5 year) coupon rate is 3.93%.

The current interest is calculated on the basis of interest per annum, excluding compound interest. Interest is paid once a year, and the last interest is paid together with the principal payment.

8, interest rate period: variety one interest bearing period is from March 17, 2016 to March 16, 2021. If the debenture holder exercises the option of resale, the interest period for the sale of some bonds is from March 17, 2016 to March 16, 2019. Variety two interest bearing period is from March 17, 2016 to March 16, 2021.

9, interest payment day: the interest payment date of this bond is from 2017 to 2021 every year (in case of a statutory holiday or rest day), it is postponed to the next first trading days, and interest payments are not paid separately during the postponed period. If a variety of bond holders exercise the option of resale, the interest payment for some of the bonds sold will be in March 17th from 2017 to 2019 each year (if the case is legal). Holidays or rest days are postponed to the next first trading days, and interest payments are not paid separately during the extension period. The payment date for variety two is from 2017 to 2021 each year (in case of a statutory holiday or rest day), it is postponed to first subsequent trading days, and no interest is added to the payment during the postponed period.

10, time and place of listing: April 2016 5 Japanese bonds listed on the Shanghai stock exchange.

11, registration, trusteeship, entrusted bond payment and Payment institutions: China Securities Depository and Clearing Co., Ltd. Shanghai branch (hereinafter referred to as "China Certification Shanghai branch").

Two, the current interest rate plan

In accordance with the "Zhejiang Longsheng group Limited by Share Ltd 2016 corporate bonds (phase second) coupon rate notice" and "Zhejiang Longsheng group Limited by Share Ltd" on the "16 Longsheng 03" corporate bond coupon rate adjustment notice, the current bond varieties a coupon interest rate of 4.15%. Each "16 Longsheng 03" has a face value of 100 yuan, with an interest payment of 4.15 yuan (including tax); the current bond variety two has a nominal coupon rate of 3.93%. The value of each "16 dragon Sheng 04" is 100 yuan, and the interest is 3.93 yuan (including tax).

Three, interest bearing debt registration date and interest payment day

1. Debt registration date: the date of registration of the bonds on the Shanghai stock exchange is March 16, 2020. After the closing date of the above bond registration date, the current bond investors enjoy the current interest rate on the balance of the notes recorded in the escrow account.

2, interest payment day: March 17, 2020.

Four, interest bearing objects

Interest bearing object: the object of this interest payment is the holder of "16 Longsheng 03" and "16 dragon Sheng 04" registered on the Shanghai stock exchange after the closing of the stock exchange of Shanghai as of March 16, 2020.

Five, interest payment method

1, the company has entered into a bond agreement with the Shanghai branch of the China Securities Regulatory Commission, and has entrusted the central card to Shanghai branch to perform the bond payment and exchange interest. The company will pay the full amount of the bond interest to the central bank for the 2 trading days of the current interest rate date to the bank account designated by the Shanghai branch. If the company fails to pay the bond in full and on the Shanghai bank's designated bank account, then the Shanghai branch will terminate the principal agent bond payment and interest service according to the agreement. The subsequent payment and interest payment work will be handled by the company itself, and the relevant implementation will be subject to the announcement of the company.

2, the Shanghai branch of the central bank has paid the bond interest to the corresponding cash institutions (securities companies or other institutions accredited by Shanghai branch) after the receipt of the funds through the capital settlement system, and the investors receive the bond interest at the paying agency.

Six. The collection of interest income tax on corporate bonds.

1, about personal investors to pay interest income tax instructions

According to the law of the People's Republic of China on personal income tax and other relevant tax regulations and documents, individual investors of this term should pay income tax on personal interest income of corporate bonds.

The interest income tax on this bond will be remitted and paid directly by the payment agencies and paid directly to the tax department of the place where the payment institutions are located. The collection of personal interest income tax on this bond is as follows:

(1) taxpayers: individual investors of the current bonds.

(2) the object of Taxation: interest income from the current bonds.

(3) tax rate: 20% of interest.

(4) taxing link: individual investors deduct the interest from the cash organization once the cashing organization receives the interest.

(5) withholding agents: the agencies that are responsible for the payment of interest on this issue.

2. Description of income tax paid by residents in Enterprises

According to the provisions of the enterprise income tax law of the People's Republic of China and other relevant tax regulations and documents, the income tax on bond interest shall be paid by the resident enterprises holding the current bonds.

3. Statement of interest income tax paid by non resident enterprises

For non resident enterprises such as qualified foreign institutional investors holding "16 Longsheng 03" and "16 Longsheng 04" (the meaning is the same as the People's Republic of China enterprise income tax law), according to the issue issued in November 7, 2018.

The notice on the value added tax policy of enterprise income tax for overseas institutions investing in domestic bond market has been temporarily exempt from corporate income tax and value added tax from November 7, 2018 to November 6, 2021. The scope of the temporary exemption of corporate income tax excludes the interest on bonds that the institutions and establishments established by overseas institutions have actually linked to the institution and field.

Seven. Related institutions and contact methods

(I) issuer

Name: Zhejiang Longsheng group Limited by Share Ltd contact: Yao Jianfang contact address: Shangyu District Road, Zhejiang, Shaoxing, China: Tel: 0575-82048616 Fax: 0575-82041589

(two) lead lead underwriter

Name: Zhejiang Merchants Securities Limited by Share Ltd contact: Hong Tao contact address: No. 201 Wuxing Road, Jianggan District, Hangzhou, Zhejiang, Tel: 0571-87902731 Fax: 0571-87001089

(three) joint underwriter and bookkeeper

Name: Shen Wan Hongyuan securities underwriting sponsor limited liability company contact: Du Juan contact address: Shanghai Xuhui District Changle Road 989 No. 3901: 021-33389888 Fax: 021-33389955

(four) custodian: China Securities Depository and Clearing Co., Ltd. Shanghai branch

Address: the 3 floor contact of China Insurance Building, 166 East Lujiazui Road, Shanghai: Xu Ying telephone: 021-68870114 Fax: 021-68875802 postal code: 200120, investors can visit the following Internet website to check the interest payment announcement: www.sse.com.cn. Notice hereby.

Zhejiang Longsheng group Limited by Share Ltd

Board two O two 0 March 10th