Jinko Power adjusts "Jinko convertible bond" conversion price

Jinko Power Technology (SSE:601778) announced an adjustment to the conversion price of its "Jinko Convertible Bond" (SSE:113048) from CNY5.24 per share to CNY5.21 per share, effective July 3, 2025. This adjustment follows the approval of the company's 2024 annual profit distribution plan at the shareholders' meeting on May 8, 2025, where a cash dividend of CNY0.0279 (including tax) per share was approved. Consequently, trading of the convertible bonds was suspended between June 26, 2025, and July 2, 2025, and will resume on July 3, 2025. The total distribution of cash dividends amounts to CNY97,544,889.09 (including tax), based on a share base of 3,496,232,584 shares after deducting the company's repurchased shares. The dividend will be distributed to shareholders registered on July 2, 2025, with the ex-right (dividend) date set for July 3, 2025.