Desay SV Automotive announces 2024 dividend distribution

Huizhou Desay Sv Automotive announced the implementation of its 2024 annual equity distribution plan following approval at the Annual General Meeting on April 8, 2025. The company will distribute a cash dividend of CNY 12.00 per 10 shares (before tax) to all shareholders, based on the current total share capital of 554,949,301 shares. The equity registration date is April 16, 2025, and the ex-dividend date is April 17, 2025. Dividends for A-share investors will be directly credited to their accounts through their custodian securities companies on April 17, 2025, with variations in tax rates applying based on holding periods for individual and fund investors. The company will directly distribute dividends to certain shareholders including Guangdong Desay Group Co., Ltd., Huizhou Innovation Investment Co., Ltd. and several limited partnerships.