Hong Kong–listed Xinyi Energy Holdings Limited has introduced a scrip dividend scheme for the interim dividend covering the six months ended 30 June 2026. Shareholders on the register as of 19 August 2026 can elect to receive the HK$0.021 per share payout wholly or partly in cash, or in new fully paid shares issued at a 5% discount to market price.
The reference price for the scrip shares has been fixed at HK$0.78, equivalent to 95% of the HK$0.827 average closing price recorded on the Stock Exchange during the five trading days from 13–19 August 2026. Eligible shareholders will receive one new share for every HK$0.78 of dividend entitlement, with fractional entitlements being rounded down and retained by the company.
Assuming full cash election across all 8.52 billion shares in issue on the record date, Xinyi Energy would distribute HK$178.94 million in cash. Conversely, a 100% scrip election would result in the issuance of approximately 229.41 million new shares, equal to 2.69% of current outstanding shares and 2.62% of the enlarged share capital.
Key timetable highlights: • 4 September 2026 – Dispatch of circular and election form to eligible shareholders. • 21 September 2026, 4:30 p.m. – Deadline for submitting election forms. • 30 September 2026 – Despatch of scrip share certificates and cash dividend cheques. • 2 October 2026 – Expected first day of dealings in scrip shares on the Stock Exchange.
Listing approval for the new shares will be sought from The Stock Exchange of Hong Kong Limited. All scrip shares will rank pari passu with existing shares, excluding entitlement to the current interim dividend.