CITIC Securities Company Limited announced that all resolutions at its Second Extraordinary General Meeting (EGM) on 14 May 2026 were passed by wide margins and confirmed the distribution of the 2025 final dividend.
Key EGM Results • Shareholder turnout: 6,814 shareholders or proxies, representing 5.41 billion voting shares—36.52% of total issued shares (14.82 billion). • Resolution approval rates: – 2025 Annual Report: 99.72% in favour. – 2025 Profit Distribution Plan: 99.77% in favour; minority A-shareholders supported the dividend plan with 99.32% of their votes. • All 15 directors attended, satisfying statutory meeting requirements.
Dividend Details • Cash dividend: RMB 4.10 (tax-inclusive) per 10 shares, equal to RMB 0.41 per share. • Aggregate payout: RMB 6.08 billion (tax-inclusive) based on 14.82 billion shares outstanding as of 31 December 2025. • Currency: Declared in RMB; H-shareholders may elect payment in HKD at an exchange rate of RMB1.00 = HK$1.1438 (average PBoC rate for the five business days preceding the EGM). • Record date for H-shares: 27 May 2026; books closed 21–27 May 2026. • Payment date for H-shares: 3 July 2026 via receiving agent CNCBI Trustee Limited. • A-share payment arrangements will be announced separately after coordination with China Securities Depository and Clearing Corporation Limited, Shanghai Branch.
Tax Withholding Framework • Non-resident enterprise shareholders: 10% PRC enterprise income tax will be withheld. • Non-resident individual shareholders: 10% individual income tax will be withheld, subject to treaty benefits upon application. • Northbound (Hong Kong) investors in A-shares: 10% tax withheld; refunds available for treaty-qualified investors. • Southbound (Mainland) investors in H-shares: 20% tax withheld for individuals; domestic enterprises to self-declare.
The EGM procedures and voting results were verified as lawful and valid by King & Wood PRC lawyers and Computershare Hong Kong Investor Services Limited.
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