Peacebird(SH:603877) Shang Hai Zheng Quan Bao·2025-05-13 20:34Core Points - The company announced a cash dividend distribution of 0.4 yuan per share for the fiscal year 2024, approved at the shareholders' meeting on April 22, 2025 [2][15] - The total cash dividend to be distributed amounts to approximately 188.43 million yuan, with a cash dividend ratio of 72.91% [4][15] - The company will not allocate any statutory reserve fund for this fiscal year [4] Dividend Distribution Plan - The dividend distribution is based on a total share capital of 473,825,333 shares, excluding 2,749,932 shares of restricted stock that will not participate in the distribution [4][3] - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the record date [3][4] Taxation Details - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, while for those holding shares for one year or less, tax will be withheld upon transfer of shares [9] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.36 yuan per share [10] Convertible Bond Adjustment - The conversion price for the company's convertible bonds ("太平转债") will be adjusted from 21.21 yuan to 20.81 yuan per share due to the cash dividend distribution [14][17] - The adjustment will take effect on May 20, 2025, with the conversion suspension period from May 13 to May 20, 2025 [14][17] Implementation Method - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, with shareholders who have designated trading able to receive their dividends on the payment date [6][8] - The company will handle the distribution for certain shareholders directly, including major stakeholders and restricted stock holders [8][7]