Bank of Shanghai announces preferred share dividend payment

Bank of Shanghai (SSE: 601229) announced a cash dividend payment for its preferred shares (SHSE: 360029, "Shangyin You 1"). A dividend of RMB 4.02 per share (pre-tax) will be paid, totaling approximately RMB 8.04 billion. The record date is December 18, 2024, with the ex-dividend date and payment date both falling on December 18, 2024 and December 19, 2024, respectively. The dividend calculation is based on a 4.02% yield, applied from December 19, 2023. Resident corporate shareholders subject to China's Enterprise Income Tax Law are responsible for paying their own dividend withholding tax. Other shareholders will have withholding tax handled according to relevant regulations.