Shang Hai Zheng Quan Bao·2025-07-31 18:05Core Viewpoint - China Aluminum Corporation announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of RMB 0.135 per share for A-shares, approved by the shareholders' meeting on June 26, 2025 [2][4]. Distribution Plan - The total cash dividend distribution for the year 2024 is RMB 2,316,010,330.53, based on a total share capital of 17,155,632,078 shares [4]. - The cash dividend distribution applies to all A-share shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration date [3]. Taxation and Payment Details - For individual shareholders holding unrestricted circulating shares, the cash dividend of RMB 0.135 per share is subject to different tax treatments based on the holding period [7]. - For shares held for over one year, the dividend is exempt from personal income tax; for shares held for one month or less, the tax rate is 20%; and for shares held between one month and one year, the effective tax rate is 10% [7]. - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net cash dividend of RMB 0.1215 per share [8]. - Other institutional investors are responsible for their own tax payments, receiving the full cash dividend of RMB 0.135 per share [9].