Summary by Futu AI
China Meidong Auto Holdings Limited (Meidong Auto) announced that according to the full-year performance announcement of 2023, it will distribute the final dividend for the year ended December 31, 2023 to shareholders who are on the company's shareholder register as of June 21, 2024. The dividend per ordinary share is RMB0.033. The final dividend will be paid in Hong Kong dollars, calculated at an exchange rate of 1 yuan to 1.09012 Hong Kong dollars, which was announced by the People's Bank of China on August 8, 2024, equivalent to HKD0.03597 per share. It is expected that the final dividend cheques will be mailed by regular mail on August 21, 2024. In addition, the zero-interest convertible bonds (debt-to-equity share code: 04401) issued by Sail Vantage Limited and guaranteed by Meidong Auto will be adjusted for the final dividend, and the specific adjustment details will be announced separately. The announcement was issued by the company secretary, Wang Zhangqi, on August 9, 2024.