Compass Tech to issue stock dividend

Beijing Compass Technology Development (SZSE:300803) will implement its 2024 annual equity distribution plan. The company will issue 4.5 shares for every 10 shares held, using capital reserve, resulting in a total share capital increase from 412,590,211 to 598,255,805 shares. The equity registration date is March 14, 2025, and the ex-rights date is March 17, 2025. Trading of the new shares will commence on March 17, 2025. Following the distribution, the company's earnings per share will be diluted to 0.17 yuan. The distribution will impact the exercise price and number of shares related to the company’s existing stock option incentive plans.