TIANXIN PHARMA(SH:603235) Zheng Quan Zhi Xing·2025-06-10 10:17Core Viewpoint - Jiangxi Tianxin Pharmaceutical Co., Ltd. has announced a cash dividend of 0.68 CNY per share for the fiscal year 2024, approved at the annual shareholders' meeting on May 22, 2025 [1][2]. Dividend Distribution Plan - The total number of shares is 437,780,000, with 2,609,720 shares in the company's repurchase account excluded from the distribution, resulting in a base of 435,170,280 shares for the cash dividend calculation [2]. - The total cash dividend to be distributed amounts to approximately 295,915,790.40 CNY (including tax) [2]. Ex-Dividend Date and Payment Schedule - The key dates for the dividend distribution are as follows: - Record date: June 16, 2025 - Last trading day: June 17, 2025 - Ex-dividend date: June 17, 2025 - Cash dividend payment date: To be determined [3]. Calculation of Ex-Dividend Price - The ex-dividend reference price is calculated using the formula: Ex-dividend reference price = (Previous closing price - Cash dividend) / (1 + Change in circulating shares ratio) - Since there is no change in circulating shares, the change ratio is 0, leading to a virtual distribution of approximately 0.6759 CNY per share [3]. Tax Implications for Shareholders - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, resulting in a net distribution of 0.68 CNY per share [5]. - For shares held for less than one year, tax will be withheld upon transfer, with a tax burden of 20% for holdings under one month and 10% for holdings between one month and one year [5]. - For Qualified Foreign Institutional Investors (QFIIs), a 10% withholding tax applies, resulting in a net cash dividend of 0.612 CNY per share [6][7]. Implementation of Dividend Distribution - The cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [3][4].