Xinjiang Communications Construction (SZ:002941) Shang Hai Zheng Quan Bao·2025-06-17 21:45Core Viewpoint - The company announced its 2024 annual profit distribution plan, which includes a cash dividend of 1.5 RMB per 10 shares, with the record date set for June 24, 2025 [1][5][14]. Group 1: Profit Distribution Plan - The profit distribution plan was approved during the shareholders' meeting held on May 28, 2025, with a cash dividend of 1.5 RMB per 10 shares (tax included) [1][5]. - The company will not issue bonus shares or increase capital from reserves, and the total distribution amount will be adjusted if the total share capital changes before the record date [1][5][14]. - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [5][7]. Group 2: Convertible Bond Adjustment - The conversion price of the company's convertible bonds (referred to as "交建转债") will be adjusted from 10.15 RMB to 10.00 RMB per share, effective June 25, 2025, due to the cash dividend distribution [10][14]. - The adjustment follows the formula for cash dividend distribution, where the new conversion price is calculated by subtracting the cash dividend from the previous conversion price [14]. - The bond's conversion period is from March 22, 2021, to September 14, 2026 [15].