Autel Intelligent announces cash dividend, convertible bond price adjustment

Autel Intelligent Technology Corp. will implement its 2025 semi-annual equity distribution, with a cash dividend of CNY 0.58 per share (tax inclusive) to all eligible shareholders. The equity registration date is September 22, 2025, and the ex-dividend and cash dividend payment date is September 23, 2025. This distribution was approved at the company's first extraordinary general meeting on September 1, 2025.

As a result of this cash dividend, Autel Intelligent's "Autel Convertible Bond" will have its conversion price adjusted. The adjustment will see the conversion price decrease from CNY 22.55 per share to CNY 21.98 per share, effective September 23, 2025. Trading of the convertible bond will be suspended for conversion from September 16, 2025, to September 22, 2025, resuming on September 23, 2025.

The calculation for the conversion price adjustment reflects a virtual cash dividend of approximately CNY 0.57 per share, derived from the actual distribution amount over the total share capital. Individual income tax treatment for dividends will vary based on shareholding periods, with specific withholding rates applied for various investor categories.