Bank of Shanghai announces mid-year dividend, approves key transactions

Bank of Shanghai's board approved a mid-year cash dividend of RMB 3.00 per 10 shares for 2025, totaling RMB 4,262,692 thousand, representing 32.22% of consolidated net profit.

The board also approved adjustments to the payment schedule for the transfer of asset management plans to BOSC International (Shenzhen) Co., Ltd. and a RMB 400 million credit line for Shanghai New Micro Technology Group Co., Ltd. for debt financing and investment, valid for three years. These transactions are considered routine business operations, with related party transactions for BOSC International (Shenzhen) and Shanghai New Micro Technology Group approved with abstentions from involved directors.

These transactions and the dividend plan comply with regulatory requirements and are expected to have no significant impact on the company's normal operations or financial condition. The bank emphasized its focus on strengthening capital, enhancing asset quality, and supporting the real economy through strategic financial services across key sectors.