Shandong Hi-Speed Road & Bridge announces semi-annual cash dividend, bond adjustment

Shandong Hi-Speed Road & Bridge announced the implementation of its 2025 semi-annual equity distribution, with a record date of October 23, 2025, and an ex-dividend date of October 24, 2025. Based on a total share capital of 1,552,440,806 shares (excluding 9,159,925 repurchased shares), the company will distribute a cash dividend of CNY 0.23 per 10 shares to all shareholders, totaling CNY 35,495,460.26. No bonus shares or capital reserve conversions will occur.

Following the equity distribution, the conversion price for "Shanlu Convertible Bonds" will be adjusted from CNY 7.64 per share to CNY 7.62 per share, effective October 24, 2025. This adjustment follows the company's dividend policy, which stipulates changes to the conversion price in the event of cash dividends.

To facilitate the dividend payment, the company has requested a suspension of convertible bond conversions from the dividend payment processing period until the equity registration date. Investors holding shares via Shenzhen-Hong Kong Stock Connect will be taxed at 10% on their dividends.