Wens Foodstuff Group adjusts capital, dividend, and investment strategy

Wens Foodstuff Group announced a change in registered capital from RMB 6,653,912,797 to RMB 6,653,927,141 due to the conversion of RMB 14,344 in convertible bonds between October 22, 2024, and October 20, 2025. This adjustment necessitates revisions to the company's Articles of Association and other governance policies, which will be submitted for shareholder approval.

Additionally, the company is terminating its investment in the Fuchuan Guangdong Wens Animal Husbandry Co., Ltd. project due to land reclassification, freeing up RMB 5,900 for new investments. Other projects also saw investment adjustments, leading to a total reduction of RMB 2,594.18 in planned expenditures. The company will also provide a raw material procurement guarantee of up to RMB 1,113,960 for 118 wholly-owned and 47 controlled subsidiaries, which will be submitted for shareholder approval.

The board also approved a Q1-Q3 2025 cash dividend of RMB 3 per 10 shares, totaling RMB 1,993,747,973.70. This dividend is based on 6,645,826,579 shares after repurchases and will not involve bonus shares or capital reserve conversions. The company noted that it would suspend convertible bond conversions between October 24, 2025, and the equity registration date.