On July 4th, Foshan Lighting announced the implementation announcement of the 2011 annual profit distribution plan. Based on the company's existing total share capital of 978.56 million shares, Foshan Lighting will distribute RMB 2.50 (including tax) to every 10 shares of all shareholders.
Among them, individual shareholders, securities investment funds, and qualified foreign institutional investors (QFII, RQFII) holding Foshan Lighting A shares are subject to withholding income tax, and actual cash is RMB 2.25 per 10 shares for other A share shareholders. The company has not withheld and paid income tax, and the taxpayer pays the place where the income is paid.
For non-resident corporate shareholders and domestic individual shareholders holding Foshan Lighting B shares, when issuing the 2011 annual cash dividend, the company or individual income tax will be withheld at a rate of 10%, and the actual cash will be paid for every 10 shares after tax deduction. The bonus is RMB 2.25.
The dividend payout target is the shareholder of Foshan Lighting's A-shares registered with China Securities Depository and Clearing Co., Ltd. Shenzhen Branch after the close of the Shenzhen Stock Exchange on the afternoon of July 11, 2012. And as of the closing of the Shenzhen Stock Exchange in the afternoon of July 16, 2012 (the last trading day of July 11, 2012), all the shareholders of Foshan Lighting registered in China Securities Depository and Clearing Co., Ltd. Shenzhen Branch.
Among them, individual shareholders, securities investment funds, and qualified foreign institutional investors (QFII, RQFII) holding Foshan Lighting A shares are subject to withholding income tax, and actual cash is RMB 2.25 per 10 shares for other A share shareholders. The company has not withheld and paid income tax, and the taxpayer pays the place where the income is paid.
For non-resident corporate shareholders and domestic individual shareholders holding Foshan Lighting B shares, when issuing the 2011 annual cash dividend, the company or individual income tax will be withheld at a rate of 10%, and the actual cash will be paid for every 10 shares after tax deduction. The bonus is RMB 2.25.
The dividend payout target is the shareholder of Foshan Lighting's A-shares registered with China Securities Depository and Clearing Co., Ltd. Shenzhen Branch after the close of the Shenzhen Stock Exchange on the afternoon of July 11, 2012. And as of the closing of the Shenzhen Stock Exchange in the afternoon of July 16, 2012 (the last trading day of July 11, 2012), all the shareholders of Foshan Lighting registered in China Securities Depository and Clearing Co., Ltd. Shenzhen Branch.
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