Core Viewpoint - Jiangsu Tongxingbao Smart Transportation Technology Co., Ltd. has announced its 2024 annual profit distribution plan, which includes a cash dividend and a capital reserve conversion to increase share capital [1][2]. Summary by Sections Profit Distribution and Capital Reserve Conversion - The company will distribute a cash dividend of 3.20 RMB per 10 shares (including tax), totaling 132,647,616 RMB [1][2]. - Additionally, the company will convert 4 shares for every 10 shares held from its capital reserve, increasing the total share capital from 414,523,800 shares to 580,333,320 shares [1][2][3]. Shareholder Registration and Distribution Dates - The record date for the distribution is set for May 26, 2025, and the ex-dividend date is May 27, 2025 [3]. Distribution Method - The distribution will be based on the total shares registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [3][4]. - Any fractional shares resulting from the distribution will be allocated based on a sorting method, ensuring the total distributed shares match the planned increase [3]. Share Capital Structure Changes - The share capital structure before the distribution consists of 294,480,322 restricted shares (71.04%) and 120,043,478 unrestricted shares (28.96%) [5]. - Post-distribution, the total share capital will reflect the new structure with 412,272,451 restricted shares and 168,060,869 unrestricted shares [5]. Adjustments to Related Parameters - The net profit per share is reported to be 0.3680 RMB, and adjustments will be made to the minimum selling price for shares held by insiders after the distribution [5].
通行宝: 2024年度权益分派实施公告