Hubei Chaozhuo Aviation Technology (SH:688237) Zheng Quan Zhi Xing·2025-06-12 09:08Core Viewpoint - The company, Hubei Chaozhuo Aviation Technology Co., Ltd., has announced a differentiated cash dividend distribution plan, approved at the 2024 annual shareholders' meeting, with a cash dividend of 0.34 RMB per share [1][2]. Dividend Distribution Plan - The company plans to distribute a cash dividend of 3.40 RMB for every 10 shares held, with no capital reserve conversion or stock bonus [2]. - The total share capital is 89,603,310 shares, with 1,265,682 shares in the repurchase account excluded from the distribution, resulting in 88,337,628 shares eligible for the dividend [2]. - The actual cash dividend per share is approximately 0.3352 RMB after adjustments [3]. Relevant Dates - Key dates include the record date, ex-dividend date, and cash dividend payment date, which are specified in the announcement [5]. Implementation of Distribution - The cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [5]. - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [5]. Taxation on Dividends - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, resulting in a net cash dividend of 0.34 RMB per share [6]. - For shares held for less than one year, the tax treatment varies, with a 20% tax rate applied for holdings of one month or less, leading to a net dividend of 0.272 RMB per share [7]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.306 RMB per share [8]. Additional Information - The company will not withhold corporate income tax for other institutional investors, who are responsible for their own tax declarations [9]. - For inquiries regarding the dividend distribution, shareholders can contact the company's securities department [9].