CITIC Securities Company Limited (CITIC Sec) has issued a circular dated 24 April 2026 outlining key agenda items for its 2026 Second Extraordinary General Meeting (EGM) and summarising the 2025 financial year highlights.
Key points:
1. Dividend Proposal • 100% cash dividend for 2025. • Final dividend: RMB4.10 (tax inclusive) per ten shares, equivalent to an aggregate RMB6.08 billion based on 14.82 billion total issued shares at year-end 2025. • Together with the interim distribution of RMB4.30 billion, total cash dividends for 2025 amount to RMB10.37 billion. • The payout represents 35.73% of the FY-2025 net profit attributable to ordinary shareholders, which stood at RMB29.04 billion. • Dividends will be declared in RMB; H-share holders may opt to receive HK-dollar equivalents calculated from the average RMB/HKD benchmark rate for the five business days preceding the EGM. • Subject to shareholder approval, payment is scheduled for 3 July 2026.
2. EGM Arrangements • Date & Time: 14 May 2026, 9:30 a.m. • Venue: Hangzhou Room, 3rd Floor, Kempinski Hotel Beijing Yansha Center, Beijing. • Agenda: (i) approval of the 2025 annual report; (ii) approval of the 2025 profit distribution plan. • Voting method: poll, in line with Hong Kong Listing Rules.
3. Key Timelines for H-Shareholders • Record date to attend and vote: 14 May 2026 (register closes 11–14 May). • Record date to receive final dividend: 27 May 2026 (register closes 21–27 May). • Proxy submission deadline: 9:30 a.m., 13 May 2026.
The board recommends shareholders approve all resolutions at the forthcoming EGM.
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