Shanghai Fudan Microelectronics Group Co., Ltd. (“Shanghai Fudan”) announced that at its Annual General Meeting held on 28 May 2024, it has formally approved the distribution of the final dividend for the year ended 31 December 2023. RMB 1 (tax included) will be distributed for every 10 shares of H shares and a discount on the average market price of HKD converted into RMB 5 working days before 28 May 2024 will be paid. The applicable conversion rate of HK$100 will be RMB 91.070, i.e. a final dividend of HK$1.09806 per 10 shares (including tax). The final dividend will be distributed to shareholders on 10 July 2024 through Bank of China (Hong Kong) Trust Limited acting as payment agent. In addition, the company detailed the tax arrangements, including tax deductions for non...Show More

Shanghai Fudan Microelectronics Group Co., Ltd. (“Shanghai Fudan”) announced that at its Annual General Meeting held on 28 May 2024, it has formally approved the distribution of the final dividend for the year ended 31 December 2023. RMB 1 (tax included) will be distributed for every 10 shares of H shares and a discount on the average market price of HKD converted into RMB 5 working days before 28 May 2024 will be paid. The applicable conversion rate of HK$100 will be RMB 91.070, i.e. a final dividend of HK$1.09806 per 10 shares (including tax). The final dividend will be distributed to shareholders on 10 July 2024 through Bank of China (Hong Kong) Trust Limited acting as payment agent. In addition, the company detailed the tax arrangements, including tax deductions for non-resident corporate shareholders and non-resident individual shareholders, as well as the tax policy for Mainland investors holding H shares through Hongkong Express and Hong Kong Express. THE COMPANY REMINDS HOLDERS OF H SHARES TO CONSULT THEIR TAX ADVISOR IF THEY HAVE ANY QUESTIONS AND WILL ANNOUNCE THE TIMING AND ARRANGEMENT OF DIVIDENDS FOR A SHARES SEPARATELY.