China Merchants Securities announces 2025 interim dividend payout

China Merchants Securities Co., Ltd. has announced its plan to distribute a cash dividend of CNY 0.119 per share (inclusive of tax) for the first half of 2025. This decision, approved by the board of directors on August 28, 2025, aligns with the mandate from the 2024 annual general meeting. The total cash dividend payout will amount to CNY 1,034,886,689.91 based on the company's total share capital of 8,696,526,806 shares.

The equity registration date for A-share shareholders is set for September 17, 2025, with the ex-dividend date and cash dividend payment date both scheduled for September 18, 2025. This distribution will cover all A-share shareholders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch by the close of trading on the equity registration date.

For A-share natural person shareholders and investment funds, no individual income tax will be withheld initially, with varying tax rates applied based on the holding period upon transfer. Qualified Foreign Institutional Investors (QFII) and Hong Kong Stock Connect investors will be subject to a 10% withholding tax, resulting in a net cash dividend of CNY 0.1071 per share.