Shanghai Pharmaceuticals updates interim dividend for 2025

Shanghai Pharmaceuticals Holding Co., Ltd. announced an interim dividend of RMB 1.2 per 10 shares for the six months ended June 30, 2025. The ex-dividend date is set for December 29, 2025, with the record date on December 31, 2025. Shareholders approved the dividend on December 9, 2025, and payment is scheduled for February 6, 2026. The dividend will be paid in HK$1.3215 per 10 shares.

The company also detailed withholding tax rates for different shareholder types. Non-resident enterprises with registered addresses outside the PRC will face a 10% enterprise income tax. Individual non-resident shareholders, including Hong Kong or Macau residents, whose country of domicile has a tax treaty with the PRC stipulating a dividend tax rate of 10% or lower, will also be subject to a 10% individual income tax.

For individual non-resident shareholders whose country of domicile has a tax treaty with the PRC stipulating a dividend tax rate higher than 20%, or no tax treaty, a 20% individual income tax will be withheld. Mainland individual investors participating through Southbound Trading will also incur a 20% individual income tax on their dividends.