Zheng Quan Zhi Xing·2025-07-09 10:17Core Points - The company announced a cash dividend of 0.03 yuan per share, totaling 31,097,163 yuan, based on a total share capital of 1,036,572,100 shares [1][2] - The dividend distribution was approved at the annual general meeting held on June 26, 2025 [1][2] - The cash dividend will be distributed to A-share and H-share shareholders, with A-shares receiving 21,317,163 yuan and H-shares receiving 9,780,000 yuan [2] Dividend Distribution Details - The cash dividend distribution will be executed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch for A-share shareholders [2][5] - A-share natural person shareholders and securities investment funds will have their dividends subject to personal income tax regulations based on their holding period [3][4] - For A-share shareholders holding shares for over one year, the dividend is exempt from personal income tax, while those holding for one year or less will have taxes calculated upon transfer [3][4] Tax Implications - For qualified foreign institutional investors (QFII), a 10% corporate income tax will be withheld, resulting in a net dividend of 0.027 yuan per share [4] - Hong Kong investors participating through the Stock Connect will also have a 10% tax withheld, with similar provisions for tax treaty applications [4] - Other institutional investors and corporate shareholders will be responsible for their own tax declarations, receiving a gross dividend of 0.03 yuan per share [5]