XUSHENG(SH:603305) Zheng Quan Zhi Xing·2025-06-10 12:58Core Viewpoint - Ningbo Xusheng Group Co., Ltd. has announced an adjustment to its 2024 profit distribution cash dividend total due to changes in the number of shares participating in the profit distribution as a result of convertible bond conversions and share buybacks [1][2]. Group 1: Profit Distribution Adjustment - The total cash dividend amount for the 2024 profit distribution has been adjusted from RMB 354,628,046.00 (including tax) to RMB 362,064,302.86 (including tax) [2]. - The company plans to maintain the cash dividend distribution amount at RMB 3.80 per 10 shares (including tax) [2]. - The adjustment is necessary due to the changes in the total number of shares participating in the profit distribution caused by the conversion of convertible bonds and the share buyback program [2]. Group 2: Convertible Bonds and Share Buyback - The company issued convertible bonds totaling RMB 280 million on June 14, 2024, with an initial conversion price of RMB 12.89 per share [1]. - As of the announcement date, a total of 512,900 shares have been repurchased through the Shanghai Stock Exchange [2]. - The shares held in the company's repurchase account will not participate in the current profit distribution [2].