Kweichow Moutai announces 2024 cash dividend distribution

Kweichow Moutai (SSE:600519) has announced the implementation of its 2024 annual equity distribution plan, approved at the shareholder's meeting on May 19, 2025. The company will distribute a cash dividend of CNY 27.673 per share to A-share holders. The equity registration date is set for June 25, 2025, with the ex-dividend date and cash dividend distribution date both occurring on June 26, 2025. The total cash dividend payout amounts to CNY 34,671,161,737.20. Different tax implications apply to individual investors, Qualified Foreign Institutional Investors (QFII), and Hong Kong market investors participating through Shanghai-Hong Kong Stock Connect. China Securities Depository and Clearing Corporation Limited Shanghai Branch will handle the distribution of cash dividends for most shareholders, while Kweichow Moutai will directly distribute dividends to specific shareholders, including China Kweichow Moutai Distillery (Group) Co., Ltd.