Zheng Quan Zhi Xing·2025-09-05 10:17Core Points - The company announced a cash dividend of RMB 0.088 per share (including tax) for A shares [1][3] - The dividend distribution plan was approved during the annual shareholders' meeting held on May 28, 2025, and subsequently confirmed by the board on August 21, 2025 [1][2] - The record date for the dividend is September 11, 2025, with the ex-dividend date and payment date both set for September 12, 2025 [1][4] Dividend Distribution Details - The total cash dividend distribution amounts to approximately RMB 10.66 billion, based on a total share capital of 121,160,413,698 shares after excluding the repurchased A shares [3][4] - The company has repurchased 17,200,000 A shares, which will not participate in the profit distribution, leading to a differentiated dividend distribution [2][3] - The company will not implement any capital reserve conversion to increase share capital, and the distribution will solely consist of cash dividends [3][4] Tax Implications for Shareholders - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax; for those holding shares for one year or less, the tax will be calculated upon the sale of the shares [5][6] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied to their dividends, resulting in a net cash dividend of RMB 0.0792 per share [6][7] - Hong Kong investors through the Shanghai-Hong Kong Stock Connect will also face a 10% withholding tax, with similar provisions for tax treaty benefits applicable [7]