HANGYANG LIMITED(SZ:002430) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-17 00:49Core Points - The company announced its 2025 mid-term equity distribution plan, which was approved at the third extraordinary shareholders' meeting held on October 10, 2025, to distribute a cash dividend of RMB 1.00 per 10 shares (including tax) to all shareholders [1][3][11] - The equity distribution will be based on the total share capital as of the record date, which is set for October 22, 2025, with the ex-dividend date on October 23, 2025 [3][4] - The adjusted conversion price for the company's convertible bonds will decrease from RMB 26.07 per share to RMB 25.97 per share, effective from October 23, 2025, due to the cash dividend distribution [7][11] Equity Distribution Details - The cash dividend distribution will be RMB 1.00 per 10 shares for all shareholders, with specific tax implications for different types of investors [3][11] - The company will not issue bonus shares or increase capital from reserves in this distribution [1][3] - The distribution will be adjusted if the total share capital changes due to stock options, convertible bond conversions, or share buybacks before the distribution [1][3] Record and Ex-Dividend Dates - The record date for the equity distribution is October 22, 2025, and the ex-dividend date is October 23, 2025 [3][4] Convertible Bond Adjustment - The conversion price for the company's convertible bonds will be adjusted to reflect the cash dividend, calculated as follows: new price = old price - dividend [11] - The adjustment method follows the regulations outlined in the company's bond issuance prospectus [9][11]