MEITENG TECHNOLOGY(SH:688420) Zheng Quan Zhi Xing·2025-06-10 09:09Core Viewpoint - The company, Meiteng Technology Co., Ltd., has announced a differentiated cash dividend distribution plan for the fiscal year 2024, with a cash dividend of 0.15 RMB per share (before tax) [1][2]. Dividend Distribution Plan - The company will distribute a cash dividend of 1.50 RMB for every 10 shares held, amounting to a total cash dividend of approximately 12.84 million RMB (before tax) based on the adjusted total share capital of 85,611,985 shares [2][3]. - The total share capital of the company is 88,430,000 shares, with 2,818,015 shares held in the company's repurchase account excluded from the distribution [2][3]. Relevant Dates - The key dates for the dividend distribution are yet to be specified, including the record date, ex-dividend date, and payment date [3][4]. Tax Implications - For individual shareholders holding unrestricted shares for over one year, the cash dividend is exempt from personal income tax, resulting in a net distribution of 0.15 RMB per share [4][5]. - For shares held for less than one year, the tax will be calculated upon the transfer of shares, with a potential effective tax rate of 20% for holdings of one month or less [4][5]. - For foreign institutional investors (QFII), a withholding tax of 10% will apply, leading to a net cash dividend of 0.135 RMB per share [6][7]. Implementation Method - Shares held in the company's repurchase account will not participate in the profit distribution [4][5]. - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [4][5].