Core Viewpoint - Inner Mongolia North Heavy Industries Group Co., Ltd. announced a cash dividend of 0.316 CNY per share for its A-shares, approved during the 2024 annual shareholders' meeting held on May 16, 2025 [1][2]. Summary by Sections Dividend Distribution - The cash dividend distribution is based on a total share capital of 170,000,000 shares, resulting in a total cash distribution of approximately 53.72 million CNY [1]. - The dividend will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on July 10, 2025 [1]. Important Dates - The key dates for the dividend distribution are as follows: - Record date: July 10, 2025 - Last trading day: July 11, 2025 - Ex-dividend date: July 11, 2025 [1]. Taxation on Dividends - For individual shareholders, the cash dividend of 0.316 CNY per share will not have income tax withheld at the time of distribution. Tax will be calculated based on the holding period when the shares are sold [2][3]. - The tax rates for individual shareholders based on holding periods are: - 20% for holding periods of 1 month or less - 10% for holding periods between 1 month and 1 year - Exempt for holding periods over 1 year [3]. - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, resulting in a net cash dividend of 0.2844 CNY per share [4][6]. Consultation - Shareholders with inquiries regarding the dividend distribution can contact the company's securities department at 0472-2642244 [6].

Core Insights - The article highlights the increasing trend of Shaanxi enterprises, particularly in the automotive sector, expanding internationally, with Shaanxi Automobile Holding Group being a pioneer in this effort [1] - The support from local tax authorities, including tax incentives and streamlined services, has significantly aided these companies in their global expansion [3][4] Group 1: Shaanxi Automotive Industry - Shaanxi Automobile Holding Group has exported products to over 140 countries and regions, benefiting from over 100 million yuan in tax incentives for advanced manufacturing in 2024 [1] - The automotive production in Shaanxi reached 1.754 million units in 2024, placing it among the top tier of China's automotive industry [1] - Other local automotive suppliers, such as Fawer and Handan Axle, are also expanding internationally, competing with global automotive companies [1] Group 2: Tax Support and Services - The Xi'an Economic and Technological Development Zone tax bureau has implemented measures like on-site visits and training to assist companies in understanding tax benefits, resulting in a 12% increase in Handan Axle's export volume in 2024 [2] - The tax authorities have established a green channel for export tax refunds, significantly reducing processing times and improving efficiency for businesses [3] - The "Belt and Road" automotive export tax service white paper has been released to provide a comprehensive framework for tax compliance and risk management for automotive companies [5]