Wenzhou Yihua (SZ:002897) Shang Hai Zheng Quan Bao·2025-05-21 18:43Core Viewpoint - The company, Wenzhou Yihua Connector Co., Ltd., has announced its 2024 annual equity distribution plan, which includes a cash dividend of RMB 1.00 per 10 shares for all shareholders, approved at the annual general meeting held on May 19, 2025 [1][3][4]. Group 1: Equity Distribution Plan - The equity distribution plan is based on the company's total share capital of 194,049,696 shares, with a cash dividend of RMB 1.00 per 10 shares (before tax) [1][5]. - The distribution will not include stock dividends or capital reserve transfers, and adjustments will be made if the total share capital changes before the distribution [1][5]. - The cash dividend for Hong Kong market investors and certain foreign institutions will be RMB 0.90 per 10 shares after tax, with a differentiated tax rate for individual shareholders based on their holding period [5]. Group 2: Key Dates - The record date for the equity distribution is set for May 28, 2025, and the ex-dividend date is May 29, 2025 [5][6]. Group 3: Distribution Method - The cash dividends will be directly credited to the shareholders' accounts through their securities companies on the ex-dividend date [7]. Group 4: Guarantee for Subsidiary - The company has approved a guarantee for its wholly-owned subsidiary, Leqing Yihua New Energy Technology Co., Ltd., with a total guarantee amount not exceeding RMB 200 million [12][13]. - A specific guarantee agreement has been signed with Shaoxing Bank for RMB 45 million, which is within the approved guarantee limit [14][18]. - The company holds 100% equity in the subsidiary, which operates in the photovoltaic equipment manufacturing sector [14][15]. Group 5: Financial Data and Risk Assessment - The total amount of guarantees provided by the company is RMB 153.75 million, representing 63.28% of the latest audited net assets, with no overdue guarantees reported [19].