Wanxiang Doneed to distribute CNY 0.15 dividend per share

Wanxiang Doneed Co., Ltd. has announced the implementation of its 2024 annual equity distribution plan, approved at the shareholder meeting on May 23, 2025. Shareholders of record as of June 18, 2025, will receive a cash dividend of CNY 0.15 per share. The ex-dividend date and cash dividend distribution date are both set for June 19, 2025. This distribution is based on the company's total share capital of 292,578,000 shares, resulting in a total cash dividend payout of CNY 43,886,700.00. The company has outlined tax implications for different types of investors, including individual shareholders, QFIIs, and Shanghai-Hong Kong Stock Connect investors, with withholding tax rates varying based on holding periods and investor status. Wanxiang Doneed advises relevant shareholders to consult tax regulations and, if applicable, apply for treaty benefits with the competent tax authorities.