GONGNIU(SH:603195) Zheng Quan Zhi Xing·2025-05-30 10:15Core Points - The company announced a cash dividend of 2.40 yuan per share (including tax) and a capital reserve conversion of 0.40 shares for every share held [3][5][8] - The profit distribution and capital reserve conversion plan was approved at the annual shareholders' meeting on May 15, 2025 [3][5] - The record date for the cash dividend and stock conversion is June 6, 2025, with the ex-dividend date also set for June 9, 2025 [3][5] Dividend and Capital Increase Details - The total number of shares before the capital increase was 1,292,158,890, which will increase to 1,809,022,417 after the conversion [8] - The cash dividend will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [5][6] - The company will not withhold corporate income tax for domestic institutional investors, while QFII investors will have a 10% tax withheld, resulting in a net cash dividend of 2.16 yuan per share [7][8] Share Structure Changes - The number of unrestricted circulating shares will increase from 1,286,461,637 to 1,801,046,263 after the capital increase [8] - The total number of shares will be adjusted based on the conversion of capital reserves, with the final figures subject to confirmation by the China Securities Depository and Clearing Corporation [8] - The diluted earnings per share for the fiscal year 2024 will be calculated based on the new total share capital of 1,809,022,417 shares [8]