LZYY(SH:603368) Zheng Quan Zhi Xing·2025-03-26 09:08Core Viewpoint - The company plans to distribute a cash dividend of 0.751 RMB per share for the fiscal year 2024, based on the total share capital registered on the dividend distribution date [1][2]. Profit Distribution Plan - The proposed profit distribution plan is to distribute 7.51 RMB (including tax) for every 10 shares held, which translates to a cash dividend of 0.751 RMB per share [2]. - The total number of shares as of March 20, 2025, is 398,863,861, leading to a total cash dividend payout of approximately 299.55 million RMB [2]. - The company’s net profit attributable to shareholders for 2024 is reported at 854,872,384 RMB, with retained earnings at the end of 2024 amounting to 2,823,023,731.39 RMB [1][2]. Compliance and Risk Assessment - The company has confirmed that the profit distribution plan does not trigger any risk warnings as per the Shanghai Stock Exchange regulations, given that the net profit is positive and the retained earnings are also positive [2][3]. - The cumulative cash dividends over the last three fiscal years exceed 30% of the average net profit for the same period, ensuring compliance with regulatory requirements [2][3]. Decision-Making Process - The board of directors approved the profit distribution plan with a unanimous vote of 7 in favor, with no objections or abstentions, and it will be submitted for shareholder approval [3]. - The supervisory board supports the profit distribution plan, stating it considers the company's development stage, profitability, future funding needs, and investor expectations, ensuring it aligns with the company's cash dividend policy [3].