Zhuzhou CRRC Times Electric Announces Final Dividend

Zhuzhou CRRC Times Electric Co (HK:3898) has released an update.

Zhuzhou CRRC Times Electric Co., Ltd. has announced a final dividend of RMB 0.78 per share for the fiscal year ending December 31, 2023, with a payment date set for August 8, 2024. Shareholders must lodge transfer documents by July 3 to be eligible for the dividend, which will be paid in HKD at an exchange rate of RMB 1 to HKD 1.09615. The company also outlined the withholding tax rates for different shareholder categories, with non-resident individuals and enterprises facing a 10% rate.

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