Core Points - The company announced a cash dividend of RMB 0.36 per share for the fiscal year 2024, approved at the annual shareholders' meeting on May 20, 2025 [2][4] - The total number of shares eligible for the cash dividend is 136,619,948 shares, resulting in a total cash distribution of approximately RMB 49.18 million [4][6] - The dividend distribution will exclude shares held in the company's repurchase account [3][7] Dividend Distribution Details - The cash dividend distribution is based on a formula that considers the total number of shares and the cash dividend per share [6] - The reference price for the ex-dividend date will be calculated using the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [6] - The company will not issue bonus shares or increase capital reserves, meaning the circulating shares will remain unchanged [6] Tax Implications - Individual shareholders holding shares for over one year will not be subject to personal income tax on the dividend, while those holding for one year or less will have tax withheld upon stock transfer [8][9] - For qualified foreign institutional investors (QFII), a 10% corporate income tax will be withheld, resulting in a net dividend of RMB 0.324 per share [9][10] - Hong Kong investors will also face a 10% withholding tax, with the same net dividend amount [10]