Zhejiang Jiemei Electronic And Technology (SZ:002859) Zheng Quan Zhi Xing·2025-05-20 11:12Core Viewpoint - The company, Zhejiang Jiemai Electronic Technology Co., Ltd., has announced a cash dividend distribution plan and adjustments related to its convertible bonds, ensuring that the total share capital remains unchanged during the dividend distribution period [1][2][3]. Dividend Distribution Plan - The company will distribute a cash dividend of RMB 1.20 per 10 shares (including tax) to all shareholders, totaling RMB 51,114,629.64 (including tax) based on a total share capital of 425,955,247 shares [1][3]. - The dividend distribution will not include any bonus shares or capital reserve transfers [1]. - The record date for the dividend distribution is set for May 28, 2025, and the ex-dividend date is May 29, 2025 [3][4]. Convertible Bond Adjustments - The convertible bond "Jiemai Convertible Bond" (code: 128137) has a conversion period from May 10, 2021, to November 3, 2026 [2]. - To maintain the total share capital during the dividend distribution, the conversion of the bond will be suspended from May 15, 2025, until the record date for the dividend distribution [2]. - Following the dividend distribution, the conversion price of the bond will be adjusted from RMB 26.68 per share to RMB 26.56 per share, effective from May 29, 2025 [6]. Shareholder Taxation - The cash dividend will be subject to different tax rates based on the type of shareholder, with specific provisions for Hong Kong investors and domestic investors [3]. - The company will not withhold individual income tax at the time of distribution; instead, it will be calculated based on the holding period when the shares are sold [3].