MLS announces 2024 annual equity distribution plan

MLS (SZSE:002745) has announced details regarding its 2024 annual equity distribution. The distribution, approved at the company's annual general meeting on May 20, 2025, will see shareholders receive a cash dividend of CNY 0.50 (inclusive of tax) per 10 shares. This dividend will be based on the total number of shares entitled to profit distribution on the equity registration date. The company will not be issuing bonus shares or increasing share capital through capital reserves. The equity registration date is set for July 15, 2025, with the ex-dividend date on July 16, 2025. For A-share holders, the cash dividend will be directly transferred to their capital accounts through their custodian securities firms by July 16, 2025, handled by China Securities Depository and Clearing Corporation Limited Shenzhen Branch. The total number of shares involved in the distribution is 1,484,166,399.