Core Points - The company announced a cash dividend of 0.11 CNY per share for the fiscal year 2024, approved at the annual shareholders' meeting on June 19, 2025 [1][2] - The record date for the dividend distribution is July 24, 2025, with the ex-dividend date also set for July 25, 2025 [1][3] - The total cash dividend distribution amounts to approximately 506.33 million CNY, based on a total share capital of 4,643,760,927 shares [2][3] Dividend Distribution Details - The cash dividend of 0.11 CNY per share is inclusive of tax, and the total amount will be adjusted if there are changes in the share capital before the record date [2] - The company will suspend the conversion of its convertible bonds from July 17, 2025, until the record date to maintain the total share capital [2] - Shares held in the company's repurchase account will not participate in this dividend distribution [2][5] Tax Implications - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, resulting in a net cash dividend of 0.11 CNY per share [6] - For shares held for one year or less, the tax will be calculated upon the sale of the shares, with a potential tax burden of 20% for holdings of one month or less [6][8] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, leading to a net cash dividend of 0.099 CNY per share [7][9] Implementation of Dividend Distribution - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [3][4] - Shareholders who have completed designated transactions can receive their cash dividends on the payment date, while those who have not will have their dividends held until the transaction is completed [3][4]
财通证券: 2024年年度权益分派实施公告