Shang Hai Zheng Quan Bao·2025-08-28 20:03Core Viewpoint - The company has proposed a cash dividend distribution plan for the first half of 2025, aiming to distribute RMB 0.5 per 10 shares, totaling approximately RMB 1.164 billion, subject to shareholder approval [4][34][36]. Group 1: Company Overview - The company is Shanghai International Port Group, with a total share capital of 23,281,365,262 shares as of June 30, 2025 [4][34]. - The company reported a net profit attributable to shareholders of RMB 8.04 billion for the first half of 2025, with the parent company achieving a net profit of RMB 4.12 billion [34][36]. Group 2: Profit Distribution Plan - The proposed profit distribution plan involves a cash dividend of RMB 0.5 per 10 shares, amounting to a total of RMB 1.164 billion based on the current total share capital [4][34][36]. - The plan is subject to approval at the upcoming shareholders' meeting [36][38]. Group 3: Board and Supervisory Committee Decisions - The board of directors unanimously approved the profit distribution plan with 10 votes in favor and no objections [5][37]. - The supervisory committee also reviewed and approved the profit distribution plan with 4 votes in favor [38]. Group 4: Related Transactions - The company has signed a three-year framework agreement with China COSCO Shipping Holdings for shipping and terminal services, with annual transaction limits set at RMB 35 billion for services provided to COSCO and RMB 5 billion for services received [11][19][20]. - The agreement is considered a normal business operation and is not expected to adversely affect the company's independence or ongoing operations [30].