Shang Hai Zheng Quan Bao·2025-10-20 19:09Core Points - The company announced a cash dividend distribution of RMB 0.12 per share (before tax) for the first half of 2025 [2][4] - The distribution plan was approved at the annual general meeting on May 23, 2025, and further reviewed by the board on August 29, 2025 [2][3] Distribution Plan - The dividend distribution is based on the total share capital registered on the equity registration date, excluding shares held in the company's repurchase account [4][6] - The total number of A-shares participating in the distribution is 7,407,936,383 shares after excluding 61,546,481 shares from the repurchase account [6] - The cash dividend calculation results in an approximate distribution of RMB 0.1190 per share [6] Taxation Details - For individual shareholders holding A-shares, the tax rate varies based on the holding period: 20% for holdings of one month or less, 10% for holdings between one month and one year, and no tax for holdings over one year [10] - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net cash dividend of RMB 0.108 per share [12] - For Hong Kong investors, a 10% tax is also withheld, leading to a net cash dividend of RMB 0.108 per share [12][14] Implementation Method - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the equity registration date [7][8] - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [7] Additional Information - The company will not distribute dividends for shares held in the repurchase account [9] - The announcement includes contact information for inquiries regarding the dividend distribution plan [15][16]