CSSC Offshore to pay RMB 0.08 half-year cash dividend

CSSC Offshore & Marine Engineering Group Co., Ltd. announced a cash dividend of RMB 0.08 per share (including tax) for its A-share holders for the first half of 2025. This distribution was approved by the board on August 28, 2025, and falls within the scope of authority granted by the 2024 annual general meeting, meaning it will not require further shareholder approval. The total cash dividend amounts to RMB 113,080,510.24, based on the company's total share capital of 1,413,506,378 shares prior to the implementation of the plan.

The equity registration date for A-shares is October 22, 2025, with the ex-dividend date and cash dividend payment date both set for October 23, 2025. Dividends for A-share investors, excluding those for China State Shipbuilding Group Co., Ltd., will be distributed by China Securities Depository and Clearing Corporation Limited, Shanghai Branch.

Taxation on dividends for natural person shareholders and investment funds will vary based on the holding period, with different tax rates applied according to relevant regulations. Qualified Foreign Institutional Investors (QFIIs) will face a 10% withholding tax, resulting in a net cash dividend of RMB 0.072 per share. Hong Kong market investors via Stock Connect will also incur a 10% withholding tax. Resident enterprise shareholders will not have taxes withheld by the company.