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Lingyun Industrial announces 2024 dividend and stock split

June 16, 2025 at 05:14 PM UTCBy FilingReader AI

Lingyun Industrial Corporation (SSE:600480) has announced its 2024 annual equity distribution plan, approved at the shareholder's meeting on May 20, 2025. Shareholders of record as of June 20, 2025, will receive a cash dividend of CNY 0.30 per share and will be allotted 0.30 new shares for each share held, both payable on June 23, 2025. The total cash dividend payout will be CNY 282,083,187, with a corresponding stock issuance of 282,083,187 shares, increasing the company's total share capital to 1,222,360,477 shares. A 10% withholding tax will apply to Hong Kong market investors and QFII investors, resulting in a net dividend of CNY 0.27 per share for those shareholders. The company’s earnings per share is diluted to CNY 0.55.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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