Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-07 23:33Core Viewpoint - Yanzhou Coal Mining Company Limited has announced a share repurchase plan and a cash dividend distribution for the first half of 2025, reflecting its commitment to returning value to shareholders and maintaining shareholder confidence [1][4]. Share Repurchase Announcement - The company’s board approved a plan to repurchase A-shares, with details provided in the repurchase report published on August 30, 2025 [1]. - As of the announcement date, Shandong Energy Group Co., Ltd. holds a total of 5,303,899,421 shares, representing 52.84% of the company's total share capital [1]. Dividend Distribution - The cash dividend for A-shares is set at RMB 0.18 per share (before tax), approved during the board meeting on August 29, 2025 [6][8]. - The total cash dividend distribution amounts to RMB 1,806,746,497.92, based on a total share capital of 10,037,480,544 shares [8]. - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited as of the close of trading on the registration date [7]. Tax Implications - For individual shareholders holding A-shares, dividends are subject to different tax treatments based on the holding period, with a potential tax exemption for those holding shares for over one year [12]. - Qualified Foreign Institutional Investors (QFII) will have a withholding tax of 10% on dividends, resulting in a net dividend of RMB 0.162 per share after tax [13][14]. Stock Incentive Plan Adjustment - Following the dividend distribution, the company will adjust the repurchase price for restricted stock options granted under the 2021 A-share incentive plan [16].