AVE(SH:688067) Shang Hai Zheng Quan Bao·2025-12-01 19:13Core Points - The company announced a cash dividend of RMB 0.054 per share for the first three quarters of 2025 [1][2] - The profit distribution plan was approved by the board on October 29, 2025, following authorization from the annual shareholders' meeting on May 23, 2025 [1][2] Distribution Plan - The 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 registration date [2][3] - The total number of shares eligible for distribution is 67,278,000 after excluding 722,000 shares held in the company's repurchase account, resulting in a total cash dividend of RMB 3,633,012 [3][5] Dividend Calculation - The cash dividend per share is calculated as approximately RMB 0.0534, based on the total shares participating in the distribution [5] - The reference price for ex-dividend trading will be adjusted by subtracting the cash dividend from the previous closing price [4][5] Implementation Details - Cash dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited to eligible shareholders [6][8] - Shareholders who have not completed designated trading will have their dividends held by the clearing company until the trading is completed [6] Taxation Information - Individual shareholders holding shares for over one year will not be subject to personal income tax on the dividend, while those holding for less than one year will have taxes calculated upon the sale of shares [9][10] - For qualified foreign institutional investors (QFII), a 10% withholding tax will be applied, resulting in a net dividend of RMB 0.0486 per share [10][11]