Shagang to distribute CNY 54.8m in dividends

Jiangsu Shagang Co., Ltd. (SZSE:002075) will distribute a cash dividend of CNY 54,845,636.13 to shareholders, equivalent to CNY 0.25 per 10 shares (inclusive of tax). The distribution is based on the company's total share capital of 2,193,825,445 shares as of December 31, 2024. The equity distribution plan was approved at the company’s 2024 annual shareholders' meeting held on April 30, 2025. The ex-right and ex-dividend date is set for June 18, 2025, with the record date on June 17, 2025. Different tax rates apply to individual shareholders and fund investors depending on shareholding period and type.