Bestsun Energy(SH:600681) Zheng Quan Zhi Xing·2025-05-20 11:05Core Viewpoint - Baichuan Energy Co., Ltd. has announced its annual profit distribution plan for 2024, which includes a cash dividend of RMB 0.145 per share for A-shares, approved during the shareholders' meeting on May 13, 2025 [1][5]. Distribution Plan - The profit distribution is based on a total share capital of 1,340,854,810 shares, with the cash dividend to be distributed to shareholders registered by the close of trading on May 26, 2025 [1]. - The cash dividend payment date is set for May 27, 2025, coinciding with the ex-dividend date [1]. Taxation Details - For individual shareholders holding unrestricted shares for over one year, the cash dividend is RMB 0.145 per share, exempt from personal income tax [2][3]. - For shares held for less than one year, the actual tax burden varies, with a 20% tax rate applied for holdings of one month or less, and a reduced rate for holdings between one month and one year [3]. - For qualified foreign institutional investors (QFII), the cash dividend after a 10% withholding tax is RMB 0.1305 per share [3][6]. Additional Information - The company will distribute cash dividends directly to certain shareholders, including major shareholders and asset management companies [2]. - For Hong Kong investors through the Stock Connect program, the cash dividend will also be subject to a 10% withholding tax, resulting in a net dividend of RMB 0.1305 per share [6]. - Other institutional investors will receive a cash dividend of RMB 0.145 per share, with the responsibility for tax compliance resting on the investors themselves [6].