JOINN Laboratories clarifies cash dividend distribution details

JOINN Laboratories (China) Co., Ltd. has announced a clarification concerning the distribution of its cash dividend, as initially detailed in the annual report for the year ended December 31, 2024, the circular of the 2024 annual general meeting dated May 27, 2025, and the poll results announcement dated June 18, 2025. The company will issue a cash dividend of RMB0.03 (inclusive of tax) per share to eligible shareholders. The dividend, denominated and declared in RMB, will be paid in both RMB and HK dollars to A Shareholders and H Shareholders respectively. The exchange rate will be calculated based on the average middle exchange rate of Renminbi against Hong Kong dollars (RMB1 against HK$1.0933) published by the People's Bank of China for the seven working days before the AGM date. The company clarified that the actual calculations for the dividend payment will be conducted using six decimal places, resulting in a cash dividend payable per H Share of HK$0.032799 (before tax). The announcement confirms that aside from the clarification, the content of the Annual Report, Circular and earlier Announcement remains unchanged.