YASHENG GROUP(SH:600108) Shang Hai Zheng Quan Bao·2025-07-11 18:27Core Viewpoint - Gansu Yasheng Industrial (Group) Co., Ltd. announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of 0.0055 CNY per share, approved at the shareholders' meeting on May 22, 2025 [2][4]. Distribution Details - The cash dividend of 0.0055 CNY per share will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the registration date [3]. - The total cash dividend payout amounts to 10,708,033.17 CNY, based on a total share capital of 1,946,915,121 shares [4]. Implementation Method - The dividends for unrestricted circulating shares will be distributed through the clearing system of China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders who have completed designated transactions [5]. - Cash dividends for specific shareholders, such as Gansu Provincial Agricultural Reclamation Group Co., Ltd. and Gansu Provincial Agricultural Reclamation Asset Management Co., Ltd., will be distributed directly by the company [6]. Taxation Information - For individual shareholders holding shares for over one year, the cash dividend is tax-exempt, resulting in a net payout of 0.0055 CNY per share [9]. - For individual shareholders holding shares for one year or less, the tax treatment varies, with a maximum effective tax rate of 20% for those holding shares for one month or less [9]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of 0.00495 CNY per share [10]. - Hong Kong investors will also receive a net dividend of 0.00495 CNY per share after a 10% withholding tax [11]. Contact Information - Shareholders with inquiries regarding the profit distribution can contact the Securities Legal Affairs Department of Gansu Yasheng Industrial (Group) Co., Ltd. at 0931-8857057 [12][13].