InHand Networks(SH:688080) Shang Hai Zheng Quan Bao·2025-07-06 18:30Core Viewpoint - Beijing Yingtan Network Technology Co., Ltd. announced its 2024 annual profit distribution plan, proposing a cash dividend of 0.20044 RMB per share, approved at the shareholders' meeting on May 15, 2025 [1][2][3]. Distribution Plan - The profit distribution plan is based on the total share capital after deducting shares held in the company's repurchase account, with a total of 73,713,244 shares eligible for distribution [2]. - The total cash dividend to be distributed amounts to 14,742,648.80 RMB (including tax) [2][4]. - The company will not implement other forms of distribution, such as capital reserve transfers or stock dividends, for this year [2]. Adjustments Due to Share Repurchase - The number of shares in the repurchase account increased from 138,598 to 299,981, resulting in an adjustment of the cash dividend per share from 0.20 RMB to 0.20044 RMB [3][4]. - The actual participating share capital for distribution is 73,551,861 shares [3]. Tax Implications - For individual shareholders holding unrestricted shares for over one year, the dividend income is exempt from personal income tax, while those holding for less than one year will have tax withheld upon stock transfer [8][9]. - The actual cash dividend after tax for shareholders with different holding periods is specified, with a maximum tax rate of 20% for those holding shares for less than one month [9][10]. Share Repurchase Price Adjustment - The maximum repurchase price was adjusted from 65.04 RMB to 64.84 RMB per share, effective from July 11, 2025 [14][17]. - The adjustment is based on the cash dividend distribution and does not affect the total number of circulating shares [17]. Other Matters - The company will continue to follow relevant regulations regarding share repurchase and will disclose information on the progress of the repurchase [19].