Longcheer Updates FY2025 Final Dividend: RMB 0.50 Per Share, Payment Set for 18 June 2026

Bulletin Express05-08

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment