Loncin Motor announces CNY 0.40 per share dividend
Loncin Motor announced the implementation details of its 2024 annual equity distribution plan. Shareholders of record as of June 4, 2025, will receive a cash dividend of CNY 0.40 per share. The ex-date and payment date are both set for June 5, 2025. The total dividend payout will amount to CNY 821,416,740.00, based on the company's total share capital of 2,053,541,850 shares. Tax implications vary based on the type of investor, with specific withholding rates detailed for individual investors, QFIIs, and Hong Kong stock connect investors. The company will handle withholding taxes as applicable, and eligible QFII shareholders may apply for treaty benefits. Chongqing Zongshen New Intelligent Manufacturing Technology Co., Ltd. and Chongqing Yufu Capital Operation Group Co., Ltd. will receive the cash dividend directly from the company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Loncin Motor publishes news
Free account required • Unsubscribe anytime