hbky(SH:600985) Shang Hai Zheng Quan Bao·2025-06-05 20:18Core Viewpoint - Huabei Mining Co., Ltd. has announced a cash dividend distribution plan for the year 2024, with a distribution of 0.75 yuan per share, approved at the annual shareholders' meeting on April 29, 2025 [2][4]. Summary by Relevant Sections Dividend Distribution - The cash dividend distribution is set at 0.75 yuan per share, amounting to a total cash distribution of approximately 2.02 billion yuan based on the total share capital of 2,693,258,709 shares [2][4]. Distribution Objects - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration [3]. Implementation Method - All shareholders are classified as unrestricted tradable shareholders. The dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, Shanghai Branch. Shareholders who have completed designated trading can receive their cash dividends on the payment date at their designated securities firms [5]. Taxation Information - For individual shareholders holding unrestricted tradable shares, the tax treatment varies based on the holding period. Those holding shares for over one year are exempt from individual income tax on dividends, while those holding for less than one month will have their dividends fully included in taxable income [7]. - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax will be applied, resulting in a net cash dividend of 0.675 yuan per share [8]. - For Hong Kong investors, a similar 10% withholding tax applies, with the same net cash dividend of 0.675 yuan per share, subject to tax treaty benefits [8]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's securities investment department at the provided phone number [10].