XWXN(SH:688778) Zheng Quan Zhi Xing·2025-09-02 12:15Core Viewpoint - Company plans to implement a differentiated cash dividend distribution scheme, distributing a cash dividend of 0.20 CNY per share (including tax) to shareholders [1][2][3] Dividend Distribution Plan - The cash dividend distribution plan was approved at the company's second board meeting on August 19, 2025, and will be based on the total share capital minus shares held in the company's repurchase account [2][3] - The total share capital as of the announcement date is 504,691,083 shares, with 1,170,589 shares in the repurchase account, resulting in 503,520,494 shares eligible for distribution [3] - The total cash dividend to be distributed amounts to 100,704,098.80 CNY (including tax) [3] Dividend Calculation - The reference price for the ex-dividend date will be calculated using the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [3][4] - Since there is no change in circulating shares, the change in circulating shares ratio is 0, leading to a virtual cash dividend of approximately 0.1995 CNY per share [3][4] Relevant Dates - The key dates for the dividend distribution include the record date, ex-dividend date, and cash dividend payment date [4] Distribution Implementation - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders registered by the record date [5] - Shares held in the company's repurchase account will not participate in the profit distribution [5] Taxation on Dividends - Individual shareholders holding shares for over one year will be exempt from personal income tax on dividends, while those holding for one year or less will have tax withheld upon stock transfer [6][7] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax on dividends [6][7] - For Hong Kong investors holding shares through the "Shanghai-Hong Kong Stock Connect," a 10% withholding tax will also apply [6][7]