Summary by Futu AI
China Railway announced that it will distribute a year-end dividend of RMB 0.21 (including tax) per H-share shareholder registered as of December 31, 2023, on July 25, 2024. The dividend will be converted to HKD 0.2301 per share according to the average exchange rate of HKD to RMB published by the People's Bank of China in the five working days before June 28, 2024. The company will suspend H-share transfer registration from July 19 to 25, 2024 to determine the eligibility for dividend collection. The dividend is expected to be paid on August 8, 2024. In addition, the company will withhold and pay corporate income tax and personal income tax according to Chinese laws and tax agreements. The dividend distribution for Shanghai-HK Stock Connect and Shenzhen-HK Stock Connect investors has also been explained.