FilingReader Intelligence

Hangzhou Oxygen Plant Group announces equity distribution and price adjustment

May 7, 2025 at 05:22 PM UTCBy FilingReader AI

Hangzhou Oxygen Plant Group (SZSE:002430) has announced the implementation of its 2024 annual equity distribution plan, approved at the shareholder meeting on April 18, 2025. Shareholders will receive a cash dividend of CNY3.00 (inclusive of tax) per 10 shares, with varying tax implications for different types of investors. This distribution will be enacted based on the total share capital on the record date of May 14, 2025, and the ex-date is May 15, 2025. Separately, the company will adjust the conversion price of its "Hangyang Convertible Bonds" (SZSE:127064) from CNY26.89 to CNY26.59 per share, effective May 15, 2025, to account for the cash dividend distribution. These adjustments ensure fair treatment of bondholders during the equity distribution process.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Hangzhou Oxygen Plant Group publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →