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Zhejiang Shibao Co. Ltd. Class H ( (HK:1057) ) has issued an update.
Zhejiang Shibao Co. Ltd. announced the payment of a final dividend for H shares, with a rate of RMB0.60 per 10 shares, totaling RMB49,357,943.04. The dividend will be paid in Hong Kong dollars for H shareholders, with a conversion rate of RMB1.00 to HKD1.08007. The company will withhold a 10% enterprise income tax on dividends for overseas non-resident enterprises, and individual income tax rates will vary based on tax treaties with the PRC. This announcement reflects the company’s commitment to returning value to shareholders and may impact its financial positioning and investor relations.
More about Zhejiang Shibao Co. Ltd. Class H
Zhejiang Shibao Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the automotive industry. The company primarily focuses on manufacturing and distributing automotive steering systems and related components.
Average Trading Volume: 18,068,570
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.35B
Find detailed analytics on 1057 stock on TipRanks’ Stock Analysis page.