Summary by Moomoo AI
CHINA POWER INTERNATIONAL DEVELOPMENT CO., LTD. ANNOUNCED THAT IT WILL PROPOSE TO DISTRIBUTE A FINAL DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2023 AT ITS ANNUAL GENERAL MEETING ON JUNE 6, 2024 AT THE ANNUAL GENERAL MEETING ON JUNE 6, 2024, OF RMB 0.132 (BEFORE TAX). The final dividend is still subject to shareholder approval. In order to determine the eligibility of shareholders to attend the General Meeting and to vote, the Company will suspend the registration of shares from 3 June to 6 June 2024. The final dividend is expected to be distributed on 28 June 2024 and will be subject to a 10% corporate income tax deduction for non-resident shareholders under Chinese tax law. Natural person shareholders are not included in the deduction range. THE COMPANY REMINDS INVESTORS TO SEEK INDEPENDENT PROFESSIONAL ADVICE ON TAX RULES AND IMPACTS AND WILL DEDUCT TAX PAYMENTS STRICTLY ACCORDING TO THE SHAREHOLDERS' REGISTER AT THE DATE OF RECORDING OF DIVIDENDS.