SNW(SH:600628) Shang Hai Zheng Quan Bao·2025-08-10 18:42Core Viewpoint - Shanghai New World Co., Ltd. announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of 0.04 RMB per share, totaling approximately 25.88 million RMB for all shareholders [1][4]. Distribution Plan - The profit distribution plan was approved at the company's annual general meeting held on June 27, 2025 [2][3]. - The distribution is based on a total share capital of 646,875,384 shares [4]. Payment Method - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch for shareholders registered by the close of trading on the record date [5]. - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [5]. Taxation Details - Individual shareholders holding unrestricted shares for over one year will not be subject to personal income tax on dividends, effectively receiving the full 0.04 RMB per share [8]. - For shares held for less than one year, tax will be calculated upon transfer, with a potential tax burden of 20% for shares held for one month or less [8]. - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net dividend of 0.036 RMB per share [9][10]. Contact Information - For inquiries regarding the distribution, shareholders can contact the company's board office at the provided phone number [11].