Lushan New Materials(SH:603051) Zheng Quan Zhi Xing·2025-08-03 16:18Core Points - Guangzhou Lushan New Materials Co., Ltd. announced a profit distribution and capital increase plan approved at the 2024 annual shareholders' meeting on June 11, 2025 [1][3] - The company will distribute a cash dividend of 0.4 yuan per share (before tax) and increase capital by 0.4 shares for every share held, resulting in a total cash dividend payout of approximately 41.7 million yuan and an increase of 41.7 million shares [1][3][8] - Following the distribution, the total share capital of the company will increase from 104,262,299 shares to 145,967,219 shares [8] Distribution and Capital Increase Details - The cash dividend will be distributed to shareholders registered by the close of trading on August 7, 2025, with the ex-dividend date set for August 8, 2025 [2][3] - The distribution of cash dividends and bonus shares will be managed by China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2][4] - The actual cash dividend received by shareholders may vary based on their holding period, with different tax implications for different categories of shareholders [4][5][6] Shareholder Tax Implications - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax; for those holding shares for one year or less, the tax treatment varies [4][5] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied to their dividends [5][6] - Other institutional investors are responsible for their own tax obligations, with the company not withholding taxes on their behalf [6] Share Capital Structure Changes - The share capital structure will change as follows: before the increase, there were 104,262,299 shares; after the increase, there will be 145,967,219 shares [8] - The diluted earnings per share for the fiscal year 2024 is projected to be 0.12 yuan after the capital increase [8]