Tencent Holdings (0700) announced the details of the interim dividend, announcing the in-kind distribution of Class A ordinary shares of Jingdong Group (9618), based on the basis of 1 share of Jingdong Group A common stock for every 21 shares held by eligible shareholders, to On the record date (January 25, 2022), shareholders listed on the company's register of shareholders will declare a special interim dividend of approximately 457 million Class A ordinary shares of Jingdong Group held indirectly by the company through Huang River by means of in-kind distributions.
As of yesterday’s close, the closing price of JD Group’s Class A ordinary shares traded on the Stock Exchange was 279.2 yuan per share.
After the distribution is completed, the proportion of Jingdong shares held by Tencent will fall from 17% to 2.3%, and Tencent President Liu Chiping will also resign as a director of Jingdong.
Tencent: The two parties will continue strategic cooperation in the future
Turning to this information, Tencent has invested in JD.com for nearly 8 years. Tencent stated that it is confident in JD.com's prospects and that the two parties will continue their strategic cooperation in the future.
At the same time, Tencent continues to support more growth companies and implement Tencent's long-term investment strategy.
At the same time, Jingdong Group stated that the company and Tencent will continue to maintain a mutually beneficial and win-win business relationship, including existing strategic cooperation agreements.
