Autowell(SH:688516) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-21 22:24Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds following a cash dividend distribution, reducing the conversion price from 84.94 CNY to 84.44 CNY per share, effective from September 26, 2025 [3][8]. Summary by Sections Convertible Bond Adjustment - The conversion price before adjustment was 84.94 CNY per share, and after adjustment, it will be 84.44 CNY per share [3][8]. - The adjustment is based on the company's decision to distribute a cash dividend of 0.50 CNY per share, which was approved in a shareholder meeting on September 12, 2025 [3][7]. Dividend Distribution - The company will distribute a cash dividend of 0.50 CNY per share, totaling approximately 157.60 million CNY based on the total share capital of 315,196,071 shares [20][18]. - The dividend distribution will be executed on September 25, 2025, with the record date for shareholders being September 25, 2025 [2][21]. Trading Suspension - The convertible bonds will be suspended from conversion from September 19, 2025, until September 25, 2025, and will resume conversion on September 26, 2025 [2][8]. Regulatory Compliance - The company will follow the relevant regulations regarding the adjustment of the conversion price and will disclose any changes through the Shanghai Stock Exchange [5][6].