Shuanghuan Driveline announces 2025 semi-annual cash dividend

Zhejiang Shuanghuan Driveline Co., Ltd. has announced the implementation of its 2025 semi-annual profit distribution plan, approved on September 15, 2025. The company will distribute a cash dividend of 1.80 yuan per 10 shares (inclusive of tax) to all shareholders. This distribution will be based on the total share capital of 849,567,442 shares, after deducting any repurchased shares held in the company's buyback account, as of the equity registration date. No bonus shares will be issued, and no capital reserves will be converted into share capital.

The equity registration date for this distribution is October 24, 2025, with the ex-dividend date set for October 27, 2025. Cash dividends for A-share shareholders will be distributed through their custodian securities companies on October 27, 2025. Specific tax rates will apply to different investor categories, with Hong Kong market investors holding shares through Shenzhen-Hong Kong Stock Connect and overseas institutions (including QFII and RQFII) receiving 1.62 yuan per 10 shares after tax.

The company's total share capital increased by 267,610 shares due to the exercise of stock options from the 2022 stock option incentive plan since the announcement of the distribution plan. Consequently, the company will adjust the total distribution amount while maintaining the same distribution ratio. Following this equity distribution, the exercise price for the 2022 stock option incentive plan will also be adjusted, in accordance with relevant regulations.