Jin Kai Xinneng declares differentiated cash dividend after share repurchase

Jin Kai Xinneng (SSE:600821) will implement a differentiated cash dividend for the first half of 2025. This decision stems from a previously approved share repurchase program, under which the company repurchased 29,938,500 shares. These repurchased shares are held in a special account and are ineligible for dividend distribution. The total share capital on the equity registration date, November 13, 2025, is 1,997,263,453 shares.

The dividend payout, approved at the third extraordinary shareholders' meeting on October 20, 2025, will distribute CNY 0.1 (tax inclusive) per 10 shares to eligible shareholders. This calculation is based on 1,967,324,953 shares, excluding the repurchased shares. The total cash dividend to be distributed is CNY 196,732,495.30.

The ex-rights and ex-dividend date is set for November 14, 2025. The differentiated distribution affects the ex-rights/ex-dividend reference price by a negligible 0.0266%, ensuring minimal market impact. This aligns with legal and regulatory requirements and the company's articles of association.