Summary by Moomoo AI
Guangzhou Automobile Group (GAC GROUP) announced on August 30, 2024 that it will distribute interim H-share dividends for the six months ending June 30, 2024, at a rate of RMB 0.3 per share (including tax). The dividends will be paid to H-shareholders listed on the shareholder register as of September 23, 2024, on or before September 30, 2024. The dividends will be paid in accordance with the average middle price of the RMB and the Hong Kong dollar, and checks will be issued by Bank of China (Hong Kong) Trustee Limited as the collection agent. In addition, the company will withhold and pay 10% of corporate income tax and individual income tax. Non-resident corporate shareholders and individual shareholders who believe that the tax rate is incorrect may submit relevant declaration materials on or before September 30, 2024. The distribution of profits for Shanghai-Hong Kong Stock Connect and Hong Kong Stock Connect investors is also mentioned in the announcement.