BCQ Revises 2025 Profit Distribution: Per-Share Cash Dividend Cut to RMB0.2797 After Bond Conversions

Bulletin Express
06/29

Bank of Chongqing Co., Ltd. (BCQ) has recalibrated its 2025 final dividend per share to RMB0.2797 (tax inclusive), down from the previously approved RMB2.918 per 10 shares, following an increase in share capital arising from convertible bond conversions.\n\nThe adjustment maintains the total cash dividend payout at RMB1.01 billion, as sanctioned by shareholders at the Annual General Meeting on 23 June 2026. Between 1 January and 29 June 2026, 151.19 million A-shares were issued through the conversion of BCQ Convertible Bonds, lifting the Bank’s ordinary share count from 3.47 billion to 3.63 billion.\n\nConversion of the BCQ Convertible Bonds will be suspended from 30 June 2026 until the record date for A-share profit distribution, ensuring the share base remains at 3.63 billion when the dividend is calculated. H-share investors opting for Hong Kong dollar payments will receive dividends converted at the People’s Bank of China central parity rate of HK$1.00 = RMB0.86953, the rate published on the AGM date.\n\nThe Board, chaired by Yang Xiuming, reiterated that the absolute dividend outlay is unchanged despite the higher share count, aligning with the approved 2025 profit distribution plan.

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