CITIC Securities announces interim dividend with updated exchange rates

CITIC Securities Company Limited announced an interim dividend of RMB 2.9 per 10 shares for the six months ended June 30, 2025. This update clarifies the exchange rate, dividend amount in HK$, and key dates for shareholders. The default payment currency for the dividend will be HK$ 3.1538 per 10 shares, based on an exchange rate of RMB 1: HK$ 1.0875. The dividend record date is January 6, 2026, with the payment scheduled for February 9, 2026.

The announcement details withholding tax rates for various shareholder types. Non-resident enterprise and individual shareholders with registered addresses outside the PRC will face a 10% withholding tax. For investors in the Hong Kong market participating in Northbound Trading, a 10% withholding tax will also apply, with the company acting to withhold and pay income taxes on their behalf.

For tax residents of other countries with tax treaties stipulating a dividend tax rate lower than 10%, a 10% withholding tax will initially apply, with a mechanism for a refund of any excess upon approval by competent tax authorities. Domestic individual investors with registered addresses within the PRC will be subject to a 20% individual income tax rate on dividends received from H shares.