Proya(SH:603605) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-12 23:18Core Viewpoint - The company announced an adjustment to its 2025 semi-annual profit distribution cash dividend total, maintaining a cash dividend of 8.00 yuan per 10 shares, resulting in a total cash dividend of approximately 315 million yuan, which represents 39.45% of the net profit attributable to shareholders [1][3][22]. Summary by Sections Profit Distribution Plan - The profit distribution plan was approved during the board meeting on September 11, 2025, with a cash dividend of 8.00 yuan per 10 shares (including tax) [1][9]. - The total number of shares for calculation is 396,005,292, after deducting shares in the company's repurchase account, leading to an estimated total cash dividend of 315,035,573.60 yuan (including tax) [3][15]. Changes Due to Convertible Bonds - The total share capital changed due to the conversion of the "Pola Convertible Bonds" starting from June 14, 2022, affecting the total number of shares [2][8]. - The adjusted total share capital for the dividend calculation is 393,794,467 shares, resulting in a cash dividend distribution of 0.80 yuan per share [15][19]. Adjustment of Convertible Bond Conversion Price - The conversion price of the "Pola Convertible Bonds" will be adjusted from 96.26 yuan per share to 95.46 yuan per share, effective from October 17, 2025 [10][22]. - The adjustment formula for the conversion price is based on the cash dividend distributed, calculated as P1 = P0 - D, where D is the cash dividend per share [11][22]. Tax Implications - For individual shareholders holding unrestricted shares, the cash dividend is 0.80 yuan per share, with tax implications varying based on the holding period [19][20]. - For foreign institutional investors, a 10% withholding tax applies, resulting in a net cash dividend of 0.72 yuan per share [20].