Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-17 23:42Core Points - The company will distribute a cash dividend of RMB 0.085 per share (before tax) for the fiscal year 2024, approved at the shareholders' meeting on June 27, 2025 [1] - The total cash dividend distribution amounts to approximately RMB 5.02 billion (before tax), based on a total share capital of 59,085,551,061 shares [1] - The total cash dividend for the entire year 2024, including the mid-year distribution, will be RMB 0.189 per share, totaling RMB 11.167 billion [2] Distribution Plan - The cash dividend will be distributed to all A-share shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [1] - The distribution will be executed through the clearing system of the China Securities Depository and Clearing Corporation Limited, with shareholders able to collect their dividends at their designated securities firms [2][3] Taxation Details - Individual shareholders holding shares for over one year will not be subject to income tax on the cash dividends, effectively receiving RMB 0.085 per share [5] - For individual shareholders holding shares for one year or less, the tax will be deferred until the shares are sold, with a maximum tax rate of 20% applicable for shares held for one month or less [5] - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net dividend of RMB 0.0765 per share [6] H-Shares Information - Information regarding the dividend distribution for H-share shareholders will be available on the Hong Kong Stock Exchange's website and the company's official website [8]