Wens Foodstuff adjusts convertible bond price after dividend payout

Wens Foodstuff Group Co., Ltd. (Wens Foodstuff) announced the fifth interim trustee management report for its convertible corporate bonds. The bonds, totaling 92.97m, were issued on March 29, 2021, each valued at 100 yuan. The initial conversion price was 17.82 yuan per share, later adjusted to 16.59 yuan per share.

On October 27, 2025, Wens Foodstuff disclosed a profit distribution plan for the first three quarters of 2025. The company will distribute a cash dividend of 3.00 yuan (inclusive of tax) per 10 shares to all shareholders, based on a total share capital of 6,645,826,579 shares after deducting shares held in its repurchase account. The total cash dividend amounts to 1,993,747,973.70 yuan.

As a result of this cash dividend distribution, the conversion price of Wens convertible bonds will be adjusted from 16.59 yuan per share to 16.29 yuan per share, effective November 3, 2025. This adjustment aligns with the terms outlined in the prospectus for the convertible bonds.