Maxwell Technologies announces 2024 annual equity distribution

Suzhou Maxwell Technologies has announced the implementation of its 2024 annual equity distribution plan, approved at the annual shareholders' meeting on May 19, 2025. The distribution excludes shares held in the company's repurchase account. The cash dividend will be CNY 6.00 per 10 shares (tax inclusive) on the base of 278,396,492 shares, which excludes the 1,008,514 shares held in the repurchase account resulting in a total cash dividend of CNY 167,037,895.20. The equity registration date is set for May 27, 2025, with the ex-dividend date on May 28, 2025. Holders of shares via Shenzhen Stock Connect, QFIIs, RQFIIs, and individual investors holding pre-IPO restricted shares will receive CNY 5.40 per 10 shares after tax withholding. Other tax arrangements will vary according to the holding period.