Guangzhou Development Group announces cash dividend for first three quarters of 2025

Guangzhou Development Group Co. has announced an equity distribution plan for the first three quarters of 2025, with A-share holders receiving a cash dividend of 0.10 yuan per share (including tax). The total cash dividend to be distributed amounts to 350,586,498.10 yuan, based on a total share capital of 3,505,864,981 shares.

The record date for the dividend is December 11, 2025, with the ex-dividend date and cash dividend distribution date both set for December 12, 2025. This distribution follows authorization from the company's 2024 annual general meeting held on May 30, 2025, and subsequent approval by the ninth board of directors at its tenth meeting on October 30, 2025.

Tax implications vary for different investor types. Natural person shareholders and investment funds holding shares for less than one month will incur a 20% tax, while those holding for one month to one year will incur a 10% tax. Holdings over one year are exempt from individual income tax. Qualified Foreign Institutional Investors (QFII) and Hong Kong Stock Connect investors will face a 10% withholding tax, resulting in a net cash dividend of 0.09 yuan per share after tax.