Core Points - The company announced a cash dividend of 0.119 CNY per share for the first half of 2025, totaling approximately 1.035 billion CNY in cash dividends distributed to shareholders [1][3] - The dividend distribution plan was approved by the board on August 28, 2025, following authorization from the annual general meeting held on June 26, 2025 [1][2] - The total share capital used for the dividend calculation is 8,696,526,806 shares, with A-shares accounting for 7,422,005,272 shares [3] Distribution Plan - The dividend will be distributed to all A-share shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [2] - The company will not apply this announcement to H-share shareholders, who will receive separate announcements regarding their dividend distribution [2] Implementation Details - The cash dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, with shareholders able to collect their dividends at designated securities firms [4][5] - Specific arrangements for certain major shareholders, such as招商局金融控股有限公司, will be handled directly by the company [6] Taxation Information - For individual A-share shareholders and securities investment funds, no personal income tax will be withheld at the time of dividend distribution, with the gross dividend being 0.119 CNY per share [6][7] - The actual tax burden for individual shareholders will depend on their holding period, with different rates applicable based on the duration of shareholding [7][8] - Qualified Foreign Institutional Investors (QFII) will have a 10% corporate income tax withheld, resulting in a net dividend of 0.1071 CNY per share [7][8]
招商证券股份有限公司2025年半年度权益分派实施公告