下载后可任意编辑Order of China Securities Regulatory Commission(No. 57)The Decisions on Amending Some Provisions on Cash Dividends by Listed Companies, which have been deliberated and adopted at the 240th chairmen’s executive meeting of China Securities Regulatory Commission on October 7, 2024, are hereby promulgated and shall come into force on October 9, 2024.Chairman of China Securities Regulatory Commission, Shang FulinOctober 9, 2024Decisions on Amending Some Provisions on Cash Dividends by Listed CompaniesThe cash dividends by listed companies is an important form for the investors to achieve investment returns, and it plays a very important role in fostering the philosophy of long-term investment in capital market and in enhancing the attraction and vitality of the capital market. For the purpose of directing and regulating the cash dividends by listed companies, we hereby make the decisions on the relevant matters as follows: I. A paragraph that “Note: The company shall prescribe the policy on cash dividends in the articles of association, and the profit distribution policy shall maintain the continuity and stability. ” shall be added to Article 155 of the Guidelines on the Articles of Association of Listed Companies (Revised in 2024) as the second paragraph. II. The provision that “A listed company may conduct the interim cash dividend.” shall be added to Article 4 (1) of the Some Provisions on Strengthening the Protection of the Rights and Interests of the General Public Shareholders. III. Article 8 (5) of the Administrative Measures for the Issuance of Securities by Listed Companies that “The profits which it has accumulatively distributed in cash or in stocks in the recent 3 years shal...
