Guosen Securities announces dividend, major shareholders to trim stakes

Guosen Securities' board has approved a profit distribution plan for the first three quarters of 2025, proposing a cash dividend of 1 yuan per 10 shares (including tax) for its ordinary shareholders, totaling 1,024,174,306 yuan. This represents 11.21% of the company's net profit attributable to parent company shareholders for the period. The plan, based on 10,241,743,060 shares, awaits shareholder approval and will be implemented within two months of its passage.

Concurrently, two major shareholders, China Resources SZITIC Trust Co., Ltd. and FAW Equity Investment (Tianjin) Co., Ltd., announced plans to reduce their holdings. China Resources SZITIC Trust, holding 20.87% of shares, intends to sell up to 52,000,000 shares (0.51% of total capital) via centralized bidding within three months starting 15 trading days after the announcement. FAW Equity Investment (Tianjin), holding 1.11%, plans to sell up to 22,000,000 shares (0.21%) within three months, starting three trading days after the announcement.

Both shareholders cite asset allocation adjustments and operating capital needs as reasons for the sales. These transactions will not alter Guosen Securities' control or negatively impact its corporate governance or ongoing operations.