Shanghai Longcheer Technology Co., Ltd. has released an updated announcement on its proposed final dividend for the year ended 31 December 2025, detailing exchange rate, payment schedule and withholding-tax arrangements.
Key Dividend Terms • Final dividend: RMB 5 per 10 shares (RMB 0.50 per share). • Hong Kong equivalent: HKD 5.7133 per 10 shares (HKD 0.57133 per share), based on an exchange rate of RMB 1 : HKD 1.1427. • Shareholder approval: 08 May 2026. • Ex-dividend date: 19 May 2026. • Book-close period: 21 May 2026 – 27 May 2026; record date: 27 May 2026. • Payment date: 18 June 2026, via Computershare Hong Kong Investor Services Limited.
Withholding-Tax Framework • Non-resident individual holders: – Hong Kong, Macao and treaty jurisdictions with a 10% rate: 10% withholding. – Treaty jurisdictions with >10% but <20%: withholding at the treaty-specified rate. – Treaty jurisdictions with <10%: provisional 10% withholding, with refund available upon submission of required documentation. – No treaty or 20% treaty rate: 20% withholding. • Non-resident enterprise holders: 10% withholding in accordance with PRC tax regulations.
The updated circular supersedes prior disclosures by adding the precise exchange rate, confirming the payment date, and clarifying tax-withholding procedures for diverse shareholder categories.
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