Workflow
镇洋发展: 浙江镇洋发展股份有限公司关于实施2024年年度权益分派时“镇洋转债”停止转股的提示性公告

Core Viewpoint - The company announces the suspension of the conversion of its convertible bonds, "Zhenyang Convertible Bonds," during the implementation of its 2024 annual profit distribution plan, which includes a cash dividend distribution to shareholders [1][2]. Group 1: Securities Suspension - The "Zhenyang Convertible Bonds" will stop conversion from May 20, 2025, until the equity registration date for the profit distribution [2][3]. - The suspension is applicable from the trading day before the profit distribution announcement until the equity registration date [2]. Group 2: Profit Distribution Plan - The company plans to distribute a cash dividend of 2.65 yuan (including tax) for every 10 shares, totaling approximately 115.22 million yuan (including tax) based on a total share capital of 434,805,668 shares as of December 31, 2024 [2][3]. - The profit distribution plan has been approved at the company's annual general meeting held on May 9, 2025 [2]. Group 3: Adjustment of Conversion Price - Following the implementation of the profit distribution plan, the conversion price of the convertible bonds will be adjusted according to the terms outlined in the bond issuance prospectus [3]. - An announcement regarding the adjustment of the profit distribution per share will be made prior to the implementation of the equity distribution [3].