Shenzhen Kinwong Electronic Co Ltd Announces Dividend Distribution
Shenzhen Kinwong Electronic Co., Ltd., a leading manufacturer of printed circuit boards based in Shenzhen, China, has announced its dividend distribution plan for the year 2024. The company, which operates globally and is listed on the Shanghai Stock Exchange, has declared a cash dividend of 8.00 CNH per 10 shares held by its shareholders. This announcement was made on June 4, 2025, and the dividend distribution is based on the total number of shares outstanding before the implementation of the plan.
The dividend distribution is set to be recorded on June 10, 2025, with the ex-dividend date to be determined subsequently. This move is part of the company’s ongoing commitment to returning value to its shareholders and reflects its strong financial performance over the past year.
Financial Overview
As of May 29, 2025, Shenzhen Kinwong Electronic’s stock closed at 31.22 CNH. The company’s market capitalization stands at 27,150,000,000 CNH, with a price-to-earnings ratio of 21.4. Over the past year, the stock has experienced a high of 41.6 CNH on March 17, 2025, and a low of 22.45 CNH on August 28, 2024.
Adjustment to Convertible Bonds
In addition to the dividend announcement, Shenzhen Kinwong Electronic has also issued a public notice regarding the adjustment of the conversion price for its convertible bonds issued in 2024. This adjustment is a direct consequence of the dividend distribution plan and is intended to maintain the economic balance of the convertible bonds in light of the new dividend policy.
The company’s proactive measures in managing its financial instruments and shareholder returns underscore its strategic approach to maintaining investor confidence and ensuring long-term growth. For more detailed information, stakeholders are encouraged to refer to the official announcements available on the Shanghai Stock Exchange’s website.
Shenzhen Kinwong Electronic continues to focus on its core business of designing, producing, and selling printed circuit boards, catering to a diverse range of configurations and applications. The company’s commitment to innovation and quality remains central to its operations as it navigates the dynamic global electronics market.