Sunwoda revises dividends, invests in Deep Thinking Technology
Sunwoda Electronic has updated its cash dividend management system, prioritizing sustainable and stable shareholder returns. The revised policy mandates a minimum 10% cash dividend payout from distributable profits annually, with cumulative payouts over three years not less than 30% of average distributable profits. This update reflects the company's commitment to investor returns while balancing operational needs and strategic growth.
Concurrently, Sunwoda's wholly-owned subsidiary, Shenzhen Qianhai Hongsheng Venture Capital Services Co., Ltd., is co-investing with related party Shenzhen Qianhai Hao Tian Investment Management Partnership (Limited Partnership) in Deep Thinking Technology Co., Ltd. Qianhai Hao Tian will contribute RMB50m to subscribe for new equity. This investment, which constitutes a related party transaction, aligns with Sunwoda's long-term business strategy to strengthen its industry chain and foster collaboration with high-quality enterprises, aiming for positive financial and operational impact.
Additionally, Sunwoda's 2022 restricted stock and stock option incentive plan will see 250,000 unexercised stock options from the second exercise period of the reserved grant canceled, as the period ended on November 28, 2025. This cancellation is a routine adjustment post-exercise period and does not affect the continued implementation of the incentive plan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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