COSCO Shipping Development Declares RMB0.022 Interim Dividend per Share for First Half 2026

Bulletin Express
08/28

COSCO Shipping Development Co., Ltd. has announced an interim ordinary dividend of RMB0.022 per share for the six months ended 30 June 2026. Based on the exchange rate of RMB1 : HKD1.155655, shareholders on the Hong Kong register will receive HKD0.02542 per share.

The shares will trade ex-dividend on 23 September 2026. The last day to lodge share transfers is 24 September 2026 at 16:30, after which the register will be closed from 25 September to 30 September 2026. The record date is set for 30 September 2026, and dividend distribution is scheduled for 26 October 2026 via the company’s Hong Kong share registrar, Computershare Hong Kong Investor Services Limited.

Withholding tax arrangements are as follows: non-resident enterprise shareholders are subject to a 10% corporate income tax; mainland individual shareholders and mainland investors accessing H shares through Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect face a 20% individual income tax, which the company will withhold and remit on their behalf. Mainland enterprise investors using the Stock Connect channels will self-declare and settle their tax obligations.

No shareholder approval is required for this interim dividend, and no listed warrants or convertible securities were referenced in the announcement.

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