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Torch electron announces RMB 0.16 cash dividend for H1 2025

September 24, 2025 at 10:00 AM UTCBy FilingReader AI

Fujian Torch Electron Technology Co., Ltd. has announced its semi-annual equity distribution for the first half of 2025, issuing a cash dividend of RMB 0.16 (tax inclusive) per A-share. The equity registration date is October 9, 2025, with the ex-dividend date and cash dividend payment date both on October 10, 2025. This distribution follows a resolution passed at the company's first extraordinary general meeting on September 8, 2025.

The total share capital used for this calculation is 473,122,869 shares, after deducting 2,443,762 shares held in the company's buyback account. The total cash dividend to be distributed amounts to RMB 75,699,659.04. The company will not issue bonus shares or convert capital reserves into share capital.

Tax implications vary by shareholder type. For individual investors holding shares for more than one year, dividend income is temporarily exempt from individual income tax. Qualified Foreign Institutional Investors (QFII) will be subject to a 10% withholding tax, resulting in a net dividend of RMB 0.144 per share. Hong Kong investors holding shares via Stock Connect will also face a 10% withholding tax.

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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