At the 2026 Shanghai-listed companies collective investor reception and interim results briefing held on September 16, Bank Of Shanghai Co.,Ltd. addressed its dividend strategy. Shi Hongmin, the bank's Deputy Secretary of the Party Committee, Vice Chairman, President, and Chief Financial Officer and Chief Compliance Officer, emphasized the institution's unwavering commitment to investor returns, noting that it consistently creates value for shareholders through a prudent and sustainable dividend policy while striving to enhance investor satisfaction.
Since its initial public offering, the bank has implemented and declared cumulative cash dividends on ordinary shares exceeding RMB 55 billion, which is more than five times its IPO fundraising scale. Shi further elaborated that in recent years, the bank has continuously increased both the cash dividend payout ratio and the frequency of distributions.
The cash dividend payout ratios for fiscal years 2023, 2024, and 2025 stood at 30.06%, 31.22%, and 31.59%, respectively, positioning the bank favorably among listed financial institutions. Starting from 2024, the bank introduced interim dividends for the first time, with interim payout ratios of 30.67% for 2024 and 32.22% for 2025. The 2026 interim dividend plan, which has already received board approval, proposes a cash dividend payout ratio of 32.05%.
According to the shareholder return plan covering 2026 to 2028, provided that capital adequacy ratios meet regulatory requirements and profit distribution policies are satisfied, Bank Of Shanghai Co.,Ltd. intends to distribute an average annual cash dividend of no less than 30% of the average annual distributable profits realized over the three-year period, thereby securing stable and favorable returns for its investors.