Zheng Quan Zhi Xing·2025-08-29 16:29Core Points - The board of directors of China Galaxy Securities held its sixth regular meeting and made several important resolutions [1][2][4] Group 1: Meeting Resolutions - The board approved the proposal for changes in accounting policies, which was previously reviewed by the audit committee [2] - The board approved the 2025 semi-annual report, also reviewed by the audit committee [2] - The board approved the mid-year profit distribution plan, which will be submitted for shareholder meeting approval [3][4] Group 2: Profit Distribution Details - The company will distribute cash dividends of RMB 1.25 per 10 shares to A-share and H-share shareholders, based on a total share capital of 10,934,402,256 shares, amounting to a total cash dividend of RMB 6.488 billion, representing 21.07% of the net profit [3] - The cash dividends will be paid in RMB to A-share shareholders and in RMB or equivalent Hong Kong dollars to H-share shareholders, with the exchange rate based on the average rate published by the People's Bank of China five working days before the shareholder meeting [3] Group 3: Other Resolutions - The board approved the 2023 executive compensation settlement plan, which requires shareholder meeting approval for matters related to directors and supervisors' compensation [5] - The board approved adjustments to the composition of the specialized committees, appointing Fan Xiaoyun as a member of the Compliance and Risk Management Committee, Nomination and Compensation Committee, and Audit Committee [5] - The board authorized the chairman to determine the time and place for the upcoming extraordinary shareholder meeting [6]