Shang Hai Zheng Quan Bao·2025-06-10 18:36Core Viewpoint - The announcement details the implementation of the 2024 annual profit distribution plan by China Shipbuilding Industry Corporation, which includes a cash dividend of RMB 0.018 per share, totaling approximately RMB 410.44 million [2][4]. Distribution Plan - The profit distribution plan was approved at the company's annual shareholders' meeting held on May 28, 2025 [2]. - The distribution is based on a total share capital of 22,802,035,324 shares [4]. - The cash dividend will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration [3]. Implementation Details - The cash dividends will be distributed through the clearing system of China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders who have completed designated transactions [5]. - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [5]. Taxation Information - For individual shareholders and securities investment funds, no income tax will be withheld at the time of dividend distribution, with the cash dividend being RMB 0.018 per share [7]. - The actual tax burden varies based on the holding period of the shares, with different rates applied for different durations [8]. - For qualified foreign institutional investors (QFII), a 10% withholding tax will be applied, resulting in an actual cash dividend of RMB 0.0162 per share after tax [9].