Core Viewpoint - The article explains the concept of stock dividend announcements, specifically the meaning of "10转10股派10元含税," breaking it down into simpler terms for better understanding by investors [1][11]. Group 1: Stock Split and Capital Increase - "10转10股" refers to a capital increase where the company uses its capital reserve to convert it into additional shares for shareholders [3]. - The direct impact on investors includes: 1. Doubling the number of shares held (e.g., from 1000 to 2000 shares) [3]. 2. Adjusting the share price downward (e.g., from 20 yuan to approximately 10 yuan) [3]. 3. Maintaining the total market value (e.g., 1000 shares at 20 yuan equals 20,000 yuan, which remains the same post-split) [3][7]. Group 2: Cash Dividend Distribution - "派10元含税" indicates a cash dividend where shareholders receive 10 yuan for every 10 shares held, translating to 1 yuan per share [4]. - The actual cash received is subject to personal income tax, which varies based on the holding period of the shares [4][5]. - Tax rules are as follows: 1. Holding period ≤ 1 month: 20% tax [5]. 2. 1 month < Holding period ≤ 1 year: 10% tax [5]. 3. Holding period > 1 year: no tax [5]. Group 3: Common Misconceptions - High stock splits are not "free money"; they are internal adjustments that do not change the total market value [8]. - The cash dividend should be evaluated alongside the payout ratio, which is the total cash dividend divided by net profit; a healthy payout ratio is typically between 30% and 60% [9]. - Key dates for dividends include: 1. Record date: Must hold shares by the close of this date to qualify for dividends [10]. 2. Ex-dividend date: Share price adjusts on this date, and shares bought on this day do not qualify for dividends [10]. 3. Dividend payment date: The date when the cash dividend is credited to accounts [10].

Core Points - The article clarifies that buying stocks on the record date guarantees eligibility for dividends, provided the shares are held until market close on that day [4] - It emphasizes the importance of understanding the complete dividend process, which involves multiple key dates [4][9] Key Dates in Dividend Process - **Announcement Date**: This is when the company announces its intention to distribute dividends, detailing the proposed amount and timing [5] - **Record Date**: This date is crucial as it determines the list of shareholders eligible for dividends. Investors must hold shares until market close on this date [6] - **Ex-Dividend Date**: Typically the day after the record date, the stock price is adjusted downwards by the dividend amount, which can confuse new investors [7] - **Payment Date**: This is when the actual dividend payment is made to shareholders, usually within 1-3 trading days after the ex-dividend date [8] Understanding Dividend Impact - The article explains that dividends do not increase total asset value; they merely convert part of the stock's value into cash [9][10] - A detailed example illustrates that total asset value remains unchanged before and after the dividend payment, highlighting the nature of asset conversion rather than profit generation [10] Tax Implications - It is noted that dividends are subject to personal income tax, which can reduce the actual amount received by shareholders [11] - The tax rate varies based on the holding period, with longer holding periods resulting in lower tax rates [11] Investment Strategies - **Long-Term Investment**: Holding shares for over a year allows investors to receive full dividends and benefit from potential stock price appreciation [12] - **Avoiding Short-Term Buying**: Investors are advised against buying shares solely for dividends, as this can lead to losses due to taxes and stock price adjustments [12] - **Buying After Ex-Dividend Date**: This strategy allows investors to purchase shares at a lower price post-dividend, avoiding immediate tax implications [13] Summary of Key Rules - A mnemonic is provided to help new investors remember the essential rules regarding dividends, emphasizing the importance of understanding the process and avoiding impulsive buying [14]

Group 1 - The company, Zhongke Haixun, will hold its third extraordinary general meeting of shareholders on September 12, 2025, combining on-site and online voting methods [1][2] - The meeting is convened by the company's board of directors and complies with relevant laws and regulations [1][2] - The registration date for shareholders to participate in the meeting is September 8, 2025 [2][3] Group 2 - Shareholders can attend the meeting in person or authorize a representative to vote on their behalf, with specific documentation required for both methods [2][4] - The meeting will discuss several proposals, including amendments to the company's financial management policies and the establishment of a compensation management system for senior executives [3][4] - Proposals requiring special resolutions must receive at least two-thirds of the votes from attending shareholders, while ordinary resolutions require a simple majority [4][5] Group 3 - The company will provide a network voting platform for shareholders, allowing them to vote through the Shenzhen Stock Exchange's trading system or internet voting system [5][7] - Detailed procedures for network voting are outlined, ensuring shareholders can participate effectively [7][8] - The company has specified the necessary documents and identification required for both in-person and proxy attendance at the meeting [4][5]