Core Viewpoint - Jiangsu Xinquan Automotive Trim Co., Ltd. announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of RMB 0.30 per share, totaling approximately RMB 146.19 million [2][4]. Distribution Plan - The profit distribution plan was approved at the company's annual general meeting held on May 27, 2025 [2][3]. - The distribution is based on a total share capital of 487,303,796 shares [4]. - The cash dividend will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the record date [3]. Implementation Details - The cash dividends will be distributed through the clearing system of China Securities Depository and Clearing Corporation Limited [5]. - Shareholders who have completed designated transactions can receive their cash dividends on the payment date at their designated securities firms [5]. Taxation Information - For individual shareholders holding unrestricted shares, dividends are subject to different tax treatments based on the holding period [8][9]. - For shares held for over one year, dividends are exempt from individual income tax; for shares held within one year, no tax will be withheld at the time of distribution [9]. - The actual cash dividend after tax for shareholders holding restricted shares will be RMB 0.27 per share [9][10]. Convertible Bond Adjustment - The conversion price for the "New 23 Convertible Bond" will be adjusted from RMB 51.05 to RMB 50.75 due to the cash dividend distribution [14][19]. - The adjustment will take effect on June 19, 2025, following the record date for the dividend distribution [19]. General Information - The company issued 11.60 billion RMB worth of convertible bonds, which began trading on September 5, 2023 [14][15]. - The bond's initial conversion price was set at RMB 51.35 per share, with the adjustment reflecting the cash dividend distribution [15][18].
江苏新泉汽车饰件股份有限公司 2024年年度权益分派实施公告