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SHANGHAI - Huatai Securities Co., Ltd. (SSE (LON:SSE):601688) announced Wednesday it will distribute a cash dividend of RMB0.37 per share for the 2024 fiscal year, according to a company statement.
The dividend distribution, which was approved at the company’s annual general meeting on June 20, 2025, will be based on Huatai’s total share capital of 9,027,302,281 shares. The total cash dividend amounts to RMB3.34 billion, with RMB2.7 billion allocated for the company’s 7,308,256,601 A shares.
For A share investors, the record date is set for August 14, 2025, with the ex-dividend date and payment date both falling on August 15, 2025.
Global Depositary Receipt (GDR) investors trading on the London Stock Exchange (LON:LSEG) will have the same record date as A share holders. Citibank, National Association, the nominal holder of the domestic basic A shares corresponding to GDRs, will distribute dividends to GDR investors through Euroclear Bank SA/NV and/or Clearstream Banking, S.A. on August 22, 2025.
According to Chinese tax regulations, the company will withhold income taxes at a rate of 10% for GDR investors, though qualified investors may apply for treatment under relevant tax treaties if eligible.
The dividend announcement does not apply to H share holders, for whom separate arrangements have been made as detailed in a previous company announcement published on June 20, 2025.
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