Baosteel(SH:600019) Shang Hai Zheng Quan Bao·2025-09-17 20:37Core Viewpoint - Baosteel Co., Ltd. announced its profit distribution plan for the first half of 2025, declaring a cash dividend of RMB 0.12 per share, totaling approximately RMB 2.57 billion for eligible shareholders [2][4][10]. Distribution Plan - The distribution is based on a total share capital of 21,782,084,749 shares, with 21,377,312,092 shares eligible for the cash dividend after excluding shares held in the company's repurchase account [4][6]. - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the record date [3][4]. Differentiated Dividend Distribution - The company will not implement any capital reserve transfer to increase share capital or other forms of distribution, focusing solely on cash dividends [4][6]. - The reference price for ex-dividend trading will be calculated based on the previous closing price minus the cash dividend [5][7]. Taxation Details - For individual shareholders and securities investment funds holding unrestricted circulating shares, no personal income tax will be withheld at the time of cash dividend distribution [9]. - For Qualified Foreign Institutional Investors (QFIIs), a 10% corporate income tax will be withheld, resulting in a net cash dividend of RMB 0.108 per share [10]. - Other institutional investors and corporate shareholders will be responsible for determining their own tax obligations [10][11]. Implementation Method - Cash dividends for shareholders with unrestricted circulating shares will be distributed through the clearing system of the China Securities Depository and Clearing Corporation [7][8]. - Specific arrangements are in place for major shareholders, including China Baowu Steel Group and others, for direct distribution of cash dividends [8]. Contact Information - For inquiries, shareholders can contact the Board Secretary's Office of Baosteel Co., Ltd. at the provided address and phone number [11].