L&T City(SH:600790) Sou Hu Cai Jing·2025-06-14 01:12Summary of Key Points Core Viewpoint - The company, Qingtang City (600790), has announced a cash dividend of 0.12 yuan per share for the fiscal year 2024, with the distribution date set for June 19, 2025, following the stock registration date of June 18, 2025 [1][2]. Company Announcements - The total market capitalization of Qingtang City is currently 5.438 billion yuan, ranking 30th out of 59 in the general retail sector and 2714th out of 5150 in the A-share market [1]. - The company reported a net profit of 214.56 million yuan for the fiscal year 2024, with a legal reserve of 21.46 million yuan, leading to a distributable profit of approximately 1.91 billion yuan after accounting for previous dividends [2]. - The company has completed a share buyback of 107.88 million shares, representing 7.36% of the total share capital, which will not be entitled to profit distribution due to the regulations [2]. Dividend Distribution Details - The dividend distribution plan was approved at the shareholders' meeting on May 8, 2025, with a total cash dividend payout of approximately 162.95 million yuan (including tax) [2]. - The company will implement a differentiated dividend distribution, with specific tax implications outlined for different types of shareholders, including individual investors and institutional investors [2]. - The legal opinion confirms that the impact of the differentiated dividend on the ex-dividend reference price is less than 1%, complying with relevant laws and regulations [2].