Kuangda Tech announces 2024 annual equity distribution plan

Kuangda Technology Group (SZSE:002516) announced the implementation of its 2024 annual equity distribution plan, approved at the shareholders' meeting on April 15, 2025. Shareholders of record as of April 24, 2025, will receive a cash dividend of CNY 0.80 (before tax) per 10 shares. For Hong Kong market investors, QFIIs, RQFIIs, and individuals holding pre-initial public offering shares, the dividend will be CNY 0.72 after tax per 10 shares. The ex-dividend date is set for April 25, 2025. The company clarified taxation rules for different shareholding categories, adhering to differentiated tax rates for individual investors based on holding periods. The cash dividend for A-share shareholders will be directly transferred to their capital accounts through their custodial securities firms on April 25, 2025, with certain A-share dividends to be distributed by the company directly.