Yongjin Technology (SH:603995) Shang Hai Zheng Quan Bao·2025-09-16 20:05Core Viewpoint - The company is adjusting the conversion price of its convertible bonds ("甬金转债") due to the implementation of its 2025 semi-annual profit distribution plan, which includes a cash dividend of 0.30 yuan per share [4][14]. Group 1: Convertible Bond Issuance and Adjustments - The company issued 10 million convertible bonds with a total value of 1 billion yuan, with an initial conversion price of 53.07 yuan per share [2][3]. - The conversion price has been adjusted multiple times due to various profit distribution plans, with the latest adjustment setting the price at 26.74 yuan per share effective from September 23, 2025 [4][10]. Group 2: Profit Distribution Plan - The profit distribution plan for the first half of 2025 was approved, with a cash dividend of 3 yuan for every 10 shares held, effective from the registration date [17][19]. - The total number of shares eligible for distribution is 363,608,984 after excluding shares held in the company's repurchase account [17][18]. Group 3: Tax Implications - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, while those holding for less than one year will have tax implications based on their holding period [21][22]. - The company will withhold a 10% corporate income tax for qualified foreign institutional investors (QFII), resulting in a net cash dividend of 0.27 yuan per share for them [22].