Core Viewpoint - The company has announced its 2024 annual profit distribution plan, which includes a cash dividend of 1.80 RMB per 10 shares for all shareholders, with no stock dividends or capital reserves being converted into shares [1][2]. Group 1: Profit Distribution Plan - The profit distribution plan was approved at the annual shareholders' meeting held on May 20, 2025 [1]. - The cash dividend of 1.80 RMB per 10 shares is inclusive of tax, and the remaining undistributed profits will be carried forward to the next year [1][2]. - The total share capital used for the calculation is 700,610,130 shares, and adjustments will be made if there are changes in the total share capital before the implementation of the plan [2]. Group 2: Taxation and Dividend Payment - For Hong Kong market investors and certain qualified foreign institutional investors (QFII), the cash dividend after tax will be 1.62 RMB per 10 shares [2]. - Different tax rates will apply to individual shareholders based on their holding period, with specific tax amounts outlined for different durations [3]. Group 3: Key Dates - The record date for the distribution is set for June 5, 2025, and the ex-dividend date is June 6, 2025 [3]. Group 4: Distribution Method and Responsibilities - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [3]. - The company assumes all legal responsibilities for any issues arising from insufficient cash dividends due to a decrease in shares held by shareholders during the distribution application period [4]. Group 5: Adjustments and Future Announcements - The company will adjust the exercise price of stock options in accordance with the profit distribution and other corporate actions after the distribution is completed [5]. - Further announcements regarding the adjustments will be made on the company's official information disclosure platform [5].
康冠科技: 2024年度权益分派实施公告