中汽研汽车试验场股份有限公司2025年度权益分派实施公告详解——投资者需关注的红利分配与价格调整信息

要点摘要

• 分红方案获批：中汽研汽车试验场股份有限公司（简称“中汽股份”，股票代码：301215）2025年度权益分派方案已于2026年5月21日召开的2025年年度股东会审议通过。
• 现金分红实施：以公司截至2025年12月31日的总股本1,323,900,000股为基数，向全体股东每10股派发现金红利人民币0.61元（含税）。
• 不送红股、不转增股本：本次利润分配不送红股，也不以公积金转增股本；剩余可分配利润结转以后使用。
• 股权登记日与除权除息日：股权登记日为2026年5月29日，除权除息日为2026年6月1日。
• 差别化红利税征收：针对不同类型股东及持股期限，现金红利所得税征收标准不同，特别是通过深股通持股的境外投资者、QFII、RQFII及个人投资者分红所得税率和补缴细则明确。
• 最低减持价格调整：核心股东中国汽车技术研究中心有限公司的减持价格因分红实施调整为3.48元/股，可能对后续大股东减持行为产生影响。
• 激励计划回购价格调整：2023年限制性股票激励计划相关的回购价格将根据分红实施情况进行调整，具体程序公司将后续披露。

详细解读

2026年5月25日，中汽研汽车试验场股份有限公司正式发布了2025年度权益分派实施公告。公司已于2026年5月21日召开2025年年度股东会，审议并通过了《关于2025年度利润分配预案的议案》。此次分红方案为以2025年末公司总股本1,323,900,000股为基数，向全体股东每10股派发现金红利人民币0.61元（含税），共计派发现金红利8,075.79万元人民币（含税）。

本次分红不涉及送红股和以公积金转增股本，剩余可分配利润结转以后年度继续使用。若在董事会审议至股权登记日前公司股本发生变化，将保持分派总额不变，调整每股派息金额。实际操作期间，股本未发生变化。

值得注意的是，本次分红对不同类型股东的红利所得税实行差别化征收政策。对于通过深股通持有股份的香港市场投资者、QFII、RQFII以及持有首发前限售股的个人和证券投资基金，每10股派0.549元（扣税后）；持有首发后限售股、股权激励限售股及无限售流通股的个人，股息红利税实行差别化税率征收，且暂不预扣个税，待个人转让股票时根据持股期限补缴。

具体补缴标准如下：持股1个月（含）以内，每10股补缴税款0.122元；持股1个月以上至1年（含），每10股补缴税款0.061元；持股超过1年无需补缴税款。持有相关股份的证券投资基金，其红利税对香港投资者持有部分按10%征收，对内地投资者持有部分按持股期限差别化征收。

股权登记日为2026年5月29日，除权除息日为2026年6月1日。权益分派对象为截至2026年5月29日下午深圳证券交易所收市后，在中国证券登记结算有限责任公司深圳分公司登记在册的所有股东。

现金红利将由中国结算深圳分公司代为派发至A股股东的资金账户，部分大股东（如中国汽车技术研究中心有限公司、江苏悦达集团有限公司）由公司自行派发。如果自派股东账户股份减少导致现金红利不足，由公司自行承担相关责任与后果。

对公司股东影响较大的事项：

• 中国汽车技术研究中心有限公司承诺，若锁定期满24个月内减持首次公开发行前股份，减持价格不得低于发行价。此次分红实施后，最低减持价调整为3.48元/股。
• 2023年限制性股票激励计划涉及的回购价格将进行调整，公司将按规定履行披露程序。

投资者如有疑问可向公司咨询（江苏省盐城市大丰区大丰港经济区中汽股份，电话：0515-69860935）。

投资者需要重点关注事项

• 分红所带来的现金流入及税收政策变化，或将对公司股价波动及投资者实际收益产生影响。
• 大股东减持价格的调整，可能影响市场对公司股价下限的预期。
• 激励计划调整可能对公司管理层持股及激励机制产生影响，从而影响公司治理结构。

免责声明

本文仅为信息披露和投资参考，不构成任何投资建议。投资者应结合自身情况，理性判断，注意投资风险。以上信息如有变动，以公司后续公告为准。

Detailed Analysis of CATR Proving Ground Co., Ltd. 2025 Dividend Distribution Implementation Announcement – Key Information for Investors

Key Highlights

• Dividend Plan Approved: CATR Proving Ground Co., Ltd. (CATR, stock code: 301215) has received shareholder approval for its 2025 dividend distribution plan at the Annual General Meeting held on May 21, 2026.
• Cash Dividend Distribution: Based on the total share capital of 1,323,900,000 shares as of December 31, 2025, all shareholders will receive a cash dividend of RMB 0.61 per 10 shares (pre-tax).
• No Bonus Shares or Capitalization: No bonus shares will be issued, and no capital reserves will be converted to share capital. Remaining distributable profits will be carried forward.
• Ex-dividend and Record Dates: The record date is May 29, 2026, and the ex-dividend date is June 1, 2026.
• Differentiated Dividend Tax Policy: Tax rates for dividends vary by shareholder type and holding period, with detailed rules for Hong Kong investors via Stock Connect, QFII, RQFII, and individuals holding restricted or unrestricted shares.
• Minimum Sell Price Adjustment: The minimum sell price for shares held by China Automotive Technology & Research Center Co., Ltd. will be adjusted to RMB 3.48 per share after this dividend distribution, which may affect future major shareholder transactions.
• Adjustment to Incentive Plan Repurchase Price: The repurchase price for the 2023 restricted stock incentive plan will be adjusted following this dividend, with disclosure to follow.

Detailed Analysis

On May 25, 2026, CATR Proving Ground Co., Ltd. (CATR) officially announced the details of its 2025 dividend distribution. As approved by the AGM on May 21, 2026, the company will distribute a cash dividend of RMB 0.61 per 10 shares (pre-tax), based on the total share capital of 1,323,900,000 shares as at year-end 2025. The total dividend payout will amount to RMB 80.7579 million (pre-tax).

No bonus shares or capital reserve capitalization is involved. Any change in share capital between board approval and the record date will result in a proportional adjustment of the per-share dividend, but the total payout remains unchanged. In this case, no changes to share capital occurred.

The dividend tax policy warrants investor attention. For Hong Kong investors via Stock Connect, QFII, RQFII, and individuals holding pre-IPO restricted shares, the after-tax dividend is RMB 0.549 per 10 shares. For individuals holding post-IPO restricted shares, incentive shares, or unrestricted shares, a differentiated tax rate applies, with tax withheld at the time of share transfer based on holding period:

• Held for 1 month or less: supplement tax RMB 0.122 per 10 shares
• Held for more than 1 month to 1 year: supplement tax RMB 0.061 per 10 shares
• Held for more than 1 year: no supplement tax

For mutual funds holding such shares, the dividend tax for HK investors is withheld at 10%; for mainland investors, the tax is also based on holding period.

The record date is May 29, 2026, and the ex-dividend date is June 1, 2026. Eligible shareholders must be registered as of the close of trading on May 29, 2026 at China Securities Depository and Clearing Corporation (Shenzhen branch).

Cash dividends will be directly credited to A-share shareholders’ brokerage accounts via CSDC Shenzhen. Major shareholders (China Automotive Technology & Research Center Co., Ltd. and Jiangsu Yueda Group Co., Ltd.) will receive their dividends directly from the company. Should these self-distributed shareholders reduce their holdings during the application period, the company bears responsibility for any shortage in dividend payout.

Price-sensitive points for shareholders:

• China Automotive Technology & Research Center Co., Ltd. has committed not to sell pre-IPO shares below the IPO price within 24 months following the lock-up period. Following this dividend, the minimum price is adjusted to RMB 3.48 per share.
• Repurchase prices for the company’s 2023 restricted stock incentive plan will be adjusted, with detailed disclosure to follow.

For inquiries, investors may contact the company at Jiangsu Province, Yancheng City, Dafeng District, Dafeng Port Economic Zone, CATR. Tel: 0515-69860935.

Key Investor Considerations

• The cash inflow and dividend tax policy changes may affect share price volatility and investor returns.
• The adjustment to the major shareholder’s minimum sell price may set a new floor for share price expectations.
• Changes to the incentive plan may impact management shareholding and the company’s governance structure.

Disclaimer

This article is for informational and investment reference purposes only and does not constitute investment advice. Investors should exercise independent judgment and consider their own circumstances. In case of changes, please refer to subsequent company announcements.