Nanjing Iron & Steel announces cash dividend for first half 2025
Nanjing Iron & Steel Co., Ltd. has announced a cash dividend distribution for the first half of 2025, amounting to RMB 0.1186 per share (pre-tax). The total cash dividend to be distributed is RMB 731,179,793.9046, based on the company's total share capital of 6,165,091,011 shares. The distribution plan was authorized by the 2024 annual general meeting on April 9, 2025, and subsequently approved by the ninth board of directors on August 19, 2025.
The equity registration date for the dividend is September 10, 2025, with the ex-dividend date and cash dividend payment date both set for September 11, 2025. Dividends for unlimited tradable shares will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch.
For qualified foreign institutional investors (QFII) and Hong Kong Stock Connect investors, a 10% enterprise income tax will be withheld, resulting in a post-tax dividend of RMB 0.10674 per share. Individual shareholders of unlimited tradable shares will be subject to differentiated individual income tax rates based on their holding period, with Nanjing Iron & Steel not withholding tax initially. Other institutional investors and corporate shareholders will be responsible for their own tax payments.
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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