Core Viewpoint - Jiangsu Hengxing New Material Technology Co., Ltd. announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of 0.125 yuan per share approved at the shareholders' meeting on May 20, 2025 [2][4]. Distribution Plan - The distribution year is for the 2024 fiscal year [3]. - The distribution target includes 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 date [3]. Differentiated Dividend Distribution - The company plans to distribute a cash dividend of 1.25 yuan (including tax) for every 10 shares held, based on the total share capital minus the shares repurchased [4]. - As of the announcement date, the total share capital is 207,649,497 shares, with 2,172,061 shares in the repurchase account, resulting in 205,477,436 shares eligible for distribution, totaling a cash dividend of 25,684,679.50 yuan (including tax) [4]. Taxation Details - For individual shareholders holding unrestricted circulating shares, dividends are subject to different tax treatments based on the holding period, with a maximum tax rate of 20% for shares held for less than one month [12]. - For shares held over one year, dividends are exempt from personal income tax, resulting in a net cash dividend of 0.125 yuan per share [12]. - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, leading to a net cash dividend of 0.1125 yuan per share [14]. Implementation Method - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders who have completed designated transactions [9]. - Shares held in the company's repurchase account will not participate in profit distribution [10].
江苏恒兴新材料科技股份有限公司2024年年度权益分派实施公告