China Shenhua proposes mid-year dividend and share issuance
China Shenhua Energy Company Limited has announced its Second Extraordinary General Meeting for 2025, scheduled for October 24, 2025. Key proposals include the 2025 interim profit distribution and a general mandate for the board of directors to issue shares.
The proposed interim dividend for 2025 is RMB 0.98 per share (including tax), totaling RMB 194.71 bn (including tax). This represents 79.0% of the net profit attributable to parent company shareholders under China Accounting Standards, following a net profit of RMB 246.41 bn under China Accounting Standards for the first half of 2025.
The general mandate for share issuance would authorize the board to issue new A-shares and/or H-shares not exceeding 20% of the respective existing share capital. This authorization is valid for 12 months from the date of shareholder approval or until revoked by a special resolution. The board would have the power to determine the specifics of any issuance, including type, number, pricing, and use of proceeds.
For H-share dividends, the book closure period is set from November 1 to November 7, 2025, with a record date of November 7, 2025, and an estimated payment date of December 24, 2025. A-share dividend distribution details will be announced separately after the meeting.
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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