Xingfa Chem(SH:600141) Sou Hu Cai Jing·2025-06-13 21:51Core Viewpoint - Hubei Xingfa Chemicals Group Co., Ltd. announced a cash dividend of 1.00 RMB per share (including tax) for the year 2024, with the record date on June 19, 2025, and the payment date on June 20, 2025 [1][4] Summary by Relevant Sections Company Announcements - The company will distribute a total cash dividend of 1,103,255,194 RMB (including tax) based on the total share capital of 1,103,255,194 shares [1] - For individual shareholders holding shares for more than one year, the dividend income is exempt from personal income tax, resulting in an actual cash dividend of 1.00 RMB per share [1] - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax will be applied, leading to an actual cash dividend of 0.90 RMB per share [1] - The cash dividend for other institutional investors and corporate shareholders will be 1.00 RMB per share (including tax) [1] Convertible Bond Adjustments - Due to the 2024 annual profit distribution, the conversion price of Xingfa Convertible Bonds will be adjusted from 29.40 RMB per share to 28.40 RMB per share, effective from June 20, 2025 [2] - The convertible bonds were initially issued on September 22, 2022, with a total value of 2.8 billion RMB, and the conversion period is from March 28, 2023, to September 21, 2028 [2] - The adjustment formula for the conversion price is P1 = P0 - D, where P0 is the previous conversion price and D is the cash dividend per share [2]