China Cinda announces final dividend for 2024, updates details

China Cinda Asset Management Co., Ltd. (HKEX: 1359) has announced its final dividend for the year ending December 31, 2024. The dividend, subject to shareholder approval on June 30, 2025, is set at RMB 0.2387 per 10 shares. The equivalent amount in HKD is HKD 0.26157 per 10 shares, based on an exchange rate of RMB 1: HKD 1.095818. The ex-dividend date is scheduled for July 3, 2025, and the record date is July 10, 2025, following a book close period from July 7 to July 10. The payment date is August 22, 2025. Withholding tax rates vary based on shareholder type and domicile, with a standard 10% rate for non-resident individual and enterprise holders of H Shares. Domestic investors via the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs will face a 20% withholding tax. The company's share registrar is Computershare Hong Kong Investor Services Limited.