Jilin Chuncheng Heating Proposes Final 2025 Dividend and Sets Withholding Tax Terms

Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has issued an announcement.

Jilin Province Chuncheng Heating Company Limited has proposed a final ordinary dividend of RMB 0.03 per share for the financial year ended 31 December 2025, subject to shareholder approval on 15 May 2026. The dividend, to be paid in Hong Kong dollars with an exchange rate to be announced, will have an ex-dividend date of 27 May 2026, a record date of 4 June 2026, and a payment date set for 24 July 2026.

The company has detailed differentiated withholding tax arrangements for non-resident enterprise shareholders, non-resident individual shareholders, and PRC-resident individual shareholders, with applicable tax rates generally ranging from 10% to 20% depending on domicile and tax treaties. These arrangements clarify the net dividend entitlements for various H share investor groups, providing greater transparency for both domestic and international stakeholders in the heating utility’s Hong Kong-listed equity.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited operates in the public utility sector, focusing on centralized heating services. The company primarily supplies heat to residential and commercial users, with its H shares listed in Hong Kong and a shareholder base that includes both PRC and overseas investors.

Average Trading Volume: 71,206

Technical Sentiment Signal: Buy

Current Market Cap: HK$840.1M

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