Haier Smart Home shareholders approve interim dividend, share repurchase changes

Haier Smart Home Co., Ltd. announced the successful passing of all resolutions at its First Extraordinary General Meeting of 2025 (EGM) and various class meetings held on October 16, 2025. Key approvals included the 2025 Half-year Profit Distribution Plan and a special resolution concerning the change of use and cancellation of partial repurchased shares. The EGM saw a 63.54% attendance of voting shares, with 99.8372% in favor of the profit distribution and 99.8422% for the repurchased shares resolution.

Following shareholder approval, Haier Smart Home will distribute an interim cash dividend of 2.692 yuan (tax inclusive) per 10 shares for the six months ended June 30, 2025. This adjusted ratio maintains the total distribution at approximately 2,507m yuan (tax inclusive), accounting for share repurchase arrangements. The record date for eligibility is October 23, 2025, with payment expected around November 7, 2025. H shareholders will receive HK$2.948102 (tax inclusive) per 10 shares.

The register of H share members will be closed from October 22 to October 23, 2025, to determine dividend entitlements. Various withholding tax rates apply based on shareholder residency and type, including 10% for non-resident enterprises and individuals, and 20% for domestic individual investors through Southbound Stock Connect.