SCSF(SH:600779) Shang Hai Zheng Quan Bao·2025-08-05 18:17Core Viewpoint - Sichuan Shui Jing Fang Co., Ltd. announced a cash dividend distribution plan for the fiscal year 2024, with a proposed cash dividend of 0.97 CNY per share, approved at the annual general meeting held on June 18, 2025 [1][3]. Distribution Plan - The cash dividend distribution is for the fiscal year 2024, targeting all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration date [2]. - The total number of shares eligible for the cash dividend distribution is 484,640,798 shares, resulting in a total cash dividend payout of approximately 470.10 million CNY (including tax) [3][4]. Differentiated Dividend Distribution - The company will distribute a cash dividend of 9.70 CNY for every 10 shares held, with no capital reserve fund conversion into additional shares for the fiscal year 2024 [3][5]. - The reference price for the ex-dividend date will be adjusted based on the cash dividend amount, calculated as the previous closing price minus 0.9643 CNY [6]. Implementation Method - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, with shareholders who have designated trading able to receive their dividends on the payment date [7]. - Specific shareholders, including major stakeholders, will receive dividends directly from the company, while shares held in the company's repurchase account will not participate in the profit distribution [8]. Taxation Information - Individual shareholders holding shares for over one year will be exempt from personal income tax on the cash dividend, while those holding for one year or less will have taxes calculated upon the transfer of shares [9]. - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied to their cash dividends, resulting in a net dividend of 0.873 CNY per share [10].