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Cosco Shipping Development announces interim dividend for H1 2025

August 29, 2025 at 02:51 PM UTCBy FilingReader AI

Cosco Shipping Development Co., Ltd. will pay an interim dividend of RMB 0.022 per share for the six months ended June 30, 2025. The default currency for payment in Hong Kong will be HK$0.02412 per share. The ex-dividend date is September 10, 2025, with a record date of September 16, 2025. The payment date for this dividend is set for September 26, 2025.

For non-resident enterprise shareholders with registered addresses outside the PRC, a corporate income tax of 10% will be withheld from the interim dividends. Mainland individual investors investing in H shares will face a 20% individual income tax withholding. Similarly, mainland individual investors and mainland securities investment funds investing through Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect will also have a 20% individual income tax withheld by the company.

The company will not withhold or pay income tax for mainland enterprise investors investing via the Stock Connect schemes, requiring these investors to report and pay the income tax themselves. Computershare Hong Kong Investor Services Limited is the designated share registrar.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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