Kaichuang International announces 2024 dividend distribution

Shanghai Kaichuang Marine International (SSE:600097) announced its 2024 annual equity distribution plan, approved at the shareholder meeting on April 18, 2025. The company will distribute a cash dividend of CNY0.08 (inclusive of tax) per share. The distribution is based on the total share capital of 240,936,559 shares, totaling a cash dividend of CNY19,274,924.72. The record date is May 29, 2025, with the ex-date and cash dividend payment date scheduled for May 30, 2025. The dividend distribution will be handled through China Securities Depository and Clearing Corporation Limited (CSDCC) Shanghai Branch. Different tax regulations apply to individual and institutional investors, including qualified foreign institutional investors (QFII) and Hong Kong market investors, with varying withholding tax rates.