Jinbei Automobile Co., Ltd. has entered the implementation stage for its 2026 interim equity distribution, paying a cash dividend of 0.01 yuan per share before tax. Based on total share capital of 1,304,558,558 shares, the total cash dividend amounts to 13,045,585.58 yuan. The record date is October 12, 2026, and both the ex-dividend date and the cash dividend payment date are October 13. This is Jinbei Auto's second cash payout to shareholders in 2026, following the 2025 annual equity distribution implemented in May, which paid 0.023 yuan per share before tax, totaling 30,004,846.83 yuan. Combined, the company's cumulative cash dividends for the year are approximately 43.05 million yuan, equivalent to 0.033 yuan per share. Based on the closing price of 3.58 yuan on October 9, the corresponding dividend yield is about 0.92 percent, with this interim dividend alone corresponding to a yield of about 0.28 percent. Jinbei Auto listed on the Shanghai Stock Exchange in 1992 and had never paid a cash dividend for more than thirty years after listing, earning it the nickname of a rare iron rooster among A-share companies. The turning point came in 2025, when the company used surplus reserves and capital reserves to make up accumulated losses, clearing the legal obstacles to dividends, and proposed a dividend plan for the first time in its 2025 annual report. In the first half of 2026, the company achieved operating revenue of 2.349 billion yuan, up about 10.2 percent year on year, while net profit attributable to shareholders of the listed company was 92.91 million yuan, down about 9.7 percent year on year. This interim dividend of 13.05 million yuan accounts for 14.04 percent of first-half net profit attributable to the parent company. The company's operating structure still has hidden concerns. The 2025 annual report shows that sales to the top five customers accounted for 90.23 percent of total revenue, of which sales to BMW Brilliance accounted for 83.78 percent, indicating extremely high customer concentration. From a market-wide perspective, Jinbei Auto is a microcosm of the expanding interim dividend ranks in the A-share market. The number of companies paying interim dividends in 2026 has hit another record high, with total proposed cash payouts exceeding 700 billion yuan.
Shenyang Jinbei Automotive Co LtdJinbei Auto implements its second cash dividend of 2026, paying 0.01 yuan per share (13.05 million yuan total), a shareholder-return event.
