Zheng Quan Zhi Xing·2025-06-19 09:44Core Viewpoint - Chongqing Rural Commercial Bank has announced its profit distribution plan for 2024, detailing cash dividends for A-share shareholders and relevant tax implications [1][3]. Distribution Plan - The total share capital of the bank is 11,357,000,000 shares, with a cash dividend of RMB 974,571,768.28 (including tax) to be distributed to A-share shareholders [2]. - For the 2024 interim period, the bank has already distributed cash dividends totaling RMB 2,207,800,800 (including tax), equating to RMB 0.1944 per share [3]. Relevant Dates - The key dates for the A-shares are as follows: - Equity registration date: June 26, 2025 - Last trading date: June 27, 2025 - Ex-dividend date: June 27, 2025 [3]. Distribution Implementation - Cash dividends for A-share shareholders will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, based on the registration after market close on the equity registration date [3][4]. - Shareholders who have not completed designated trading will have their dividends held by the clearing company until the trading is completed [3]. Tax Implications - Individual shareholders holding shares for over one year will have their cash dividends exempt from income tax, resulting in an actual distribution of RMB 0.1102 per share [4]. - For QFII shareholders, a 10% corporate income tax will be withheld, leading to an actual distribution of RMB 0.09918 per share [5]. - For Hong Kong investors, a similar 10% withholding tax applies, with the possibility of applying for tax treaty benefits if applicable [6]. Consultation Information - For inquiries regarding the distribution implementation, shareholders can contact the bank's board office at 023-61110853 [6].