Qianhe Condiment proposes cash dividend and stock split for mid-2025

Qianhe Condiment And Food Co., Ltd. has proposed a profit distribution and capital reserve capitalization plan for the first half of 2025. This plan will be reviewed at its first extraordinary general meeting of shareholders on September 29, 2025. The company reported a net profit of CNY 175,112,872 for the period ending June 30, 2025, with distributable profit reaching CNY 1,611,757,117.67.

The proposed plan includes a cash dividend of CNY 1 per 10 shares (including tax), totaling CNY 102,548,108.60 based on the current share capital of 1,025,481,086 shares. This represents 59.16% of Qianhe Condiment's net profit attributable to shareholders for the first half of 2025.

Additionally, the company plans a capital reserve capitalization, with three new shares issued for every 10 existing shares. This would increase the total share capital from 1,025,481,086 shares to 1,333,125,412 shares. The company stated that the per-share cash dividend and stock split ratio would remain unchanged if the total share capital fluctuates before the equity distribution registration date.