Summary by Moomoo AI
COSCO Ship Engy announced that it will distribute the 2024 interim dividend to shareholders on or before December 13, 2024, at RMB 0.22 per share (pre-tax), totaling RMB 1,049,570,806.90. The interim dividend is equivalent to 30% to 50% of the net profit attributable to shareholders for the first half of 2024. H shareholders will receive a dividend of HKD 0.24178 (pre-tax) per share based on the exchange rate announced by the People's Bank of China on October 14, 2024. Share transfer registration will be suspended from November 20 to 25, 2024, to determine eligibility for dividend payment. COSCO Ship Engy will withhold corporate income tax for non-resident corporate shareholders, while individual H shareholders listed in the H share registry are exempt from Chinese personal income tax. Domestic investors investing in H shares through the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect will have their personal income tax withheld and paid on their behalf in accordance with regulations, or they can choose to report and pay income tax themselves.