Ping An Bank sets dividend payment for preferred stock

Ping An Bank (SZSE: 000001) has announced the implementation of its dividend distribution plan for its "Ping An Preferred 01" (SZSE:140002) stock. The dividend, set at RMB 4.37 per share (pre-tax), will be paid out on March 7, 2025, to shareholders of record as of March 6, 2025. The total dividend distribution will amount to RMB 874 million. Resident enterprise shareholders are responsible for self-assessment and payment of relevant taxes, implying a net dividend of RMB 4.37, while other shareholders will be subject to tax withholdings as per national regulations. The decision was approved at the company's 33rd meeting of the 12th Board of Directors, as documented and filed.