Summary by Moomoo AI
China Power International Development Limited announced that to celebrate the 20th anniversary of the company's listing on the Main Board of the Hong Kong Stock Exchange, a special dividend of RMB 0.05 per ordinary share (before tax) will be distributed, with a total amount of approximately RMB 618,508,000. The special dividend is expected to be paid to shareholders on October 15, 2024. In addition, to ensure the rights of shareholders, the company will suspend share transfer registration procedures from October 3 to October 4, 2024. According to China's tax laws, as a resident enterprise in China, the company's subsidiaries do not need to prepay withholding tax on dividends distributed to them. However, for non-resident corporate shareholders, the company will deduct a 10% corporate income tax...Show More