Chacha Food announces equity distribution and convertible bond adjustment

Chacha Food (SZSE:002557) has announced the implementation of its 2024 annual equity distribution plan, which includes a cash dividend of CNY 10.000000 per 10 shares. The distribution is based on a total share capital of 497,091,436.00 shares after excluding the company's repurchased shares. Consequently, the conversion price of Chacha Food's convertible bonds (SZSE:128135) will be adjusted from CNY 56.91 to CNY 55.93 per share, effective June 20, 2025. Trading of the bonds will be suspended from June 4-19, 2025 to accommodate this. The company will also adjust its share repurchase price ceiling to CNY 46.21 per share.