Hongfa(SH:600885) Zheng Quan Zhi Xing·2025-06-09 12:48Core Viewpoint - The company has adjusted its profit distribution plan for the year 2024, specifically the cash dividend per share, due to changes in the total share capital resulting from the conversion of convertible bonds [1][3]. Summary by Sections 1. Profit Distribution Adjustment - The cash dividend per share has been adjusted from 0.515 yuan (including tax) to 0.51500 yuan (including tax) [1][3]. - The adjustment is due to the increase in total share capital to 1,042,676,386 shares as a result of the conversion of the "Hongfa Convertible Bonds" from January 1, 2025, to June 9, 2025 [1][2]. 2. Basic Situation of the 2024 Profit Distribution Plan - The company held its annual general meeting on April 21, 2025, where the profit distribution and capital reserve transfer plan was approved [1]. - The total share capital as of March 31, 2025, was 1,042,676,146 shares, with a proposed cash dividend distribution totaling 536,978,215.19 yuan (including tax) [1][3]. 3. Details of the Adjusted Cash Dividend - The adjusted cash dividend per share is calculated as the total cash dividend amount divided by the total share capital at the time of the equity distribution registration date [3]. - The total cash dividend amount to be distributed is approximately 536,978,338.79 yuan (including tax) based on the adjusted cash dividend per share [3]. 4. Capital Reserve Transfer - The company plans to transfer 0.4 shares for every share held from the capital reserve, resulting in a total transfer of 417,070,554 shares [3]. - After the transfer, the total share capital will increase to 1,459,746,940 shares [3].