ZONGSHEN POWER(SZ:001696) Shang Hai Zheng Quan Bao·2025-06-09 21:11Core Viewpoint - Chongqing Zongshen Power Machinery Co., Ltd. has announced the implementation of its 2024 annual equity distribution plan, which includes a cash dividend of 2.00 RMB per 10 shares for all shareholders, approved at the shareholders' meeting on April 21, 2025 [2][12]. Group 1: Equity Distribution Plan - The equity distribution plan is based on a total share capital of 1,145,026,920 shares as of December 31, 2024, with a cash distribution of 2.00 RMB per 10 shares (tax included) [2][4]. - No bonus shares will be issued, and there will be no capital reserve fund conversion into share capital [2]. - The distribution ratio will be adjusted if the total share capital changes before the distribution [2]. Group 2: Implementation Timeline - The equity distribution will be executed within two months following the approval at the shareholders' meeting [3]. - The record date for the equity distribution is set for June 16, 2025, and the ex-dividend date is June 17, 2025 [4]. Group 3: Distribution Method - Cash dividends for A-share shareholders will be directly credited to their accounts on June 17, 2025, through the securities company or other custodial institutions [6]. - Specific tax treatments apply for different categories of shareholders, with varying rates based on holding periods [4]. Group 4: Historical Distribution Data - The company has a history of cash dividends, with the most recent distributions being 2.5 RMB per 10 shares for the years 2021 and 2022, and 2.0 RMB for 2024 [11][12].