Bohui Paper announces differentiated dividend distribution plan

Shandong Bohui Paper Industrial Co., Ltd. (SSE:600966) has announced a differentiated dividend distribution plan for 2024, according to a legal opinion issued by Grandall Law Firm (Jinan). The plan adjusts the dividend distribution to account for the company's repurchased shares, which will not participate in the dividend payout. The company proposes a cash dividend of CNY 0.2844 per 10 shares (inclusive of tax) based on the remaining share capital of 1,236,814,267 shares, resulting in a total planned distribution of CNY 35,174,997.75. This adjustment is in line with regulations related to share repurchase programs where repurchased shares are not entitled to profit distribution. The plan has been approved by the board of directors and the annual shareholders meeting. The company aims to implement this differentiated dividend on June 10th, 2025.