Sinotrans announces differentiated dividend for 2024

Sinotrans has announced the implementation of its 2024 annual equity distribution plan, which includes a differentiated cash dividend of RMB0.145 per share. The ex-dividend date is set for 2025/7/21, with the cash dividend to be paid on the same day.

This differentiated distribution is due to the exclusion of shares held in the company's repurchase account from the dividend payout. Specifically, the dividend will be based on the total share capital excluding treasury shares.

The company's board and legal counsel have confirmed that this differentiated dividend distribution aligns with relevant laws, regulations, and the company's articles of association, ensuring no harm to the company or its shareholders. Individual and institutional investors will be subject to varying tax treatments based on their holding periods and residency status.