HAIER SMART HOME(SH:600690) Zheng Quan Zhi Xing·2025-03-27 12:16Core Viewpoint - Haier Smart Home Co., Ltd. announced a profit distribution plan for the year 2024, proposing a cash dividend of 9.65 RMB per 10 shares, which represents 48.01% of the net profit attributable to shareholders [1][3]. Profit Distribution Plan - The company achieved a net profit of approximately 18.74 billion RMB for the consolidated financial statements in 2024, with the parent company reporting a net profit of about 10.17 billion RMB [1]. - The total number of shares for the dividend distribution is based on the total shares after deducting the repurchased shares, which amounts to 9,382,913,334 shares, with 59,919,870 shares repurchased [1][2]. - The cash dividend distribution will not involve capital reserve transfers or stock bonuses, and any changes in total shares before the dividend record date will adjust the per-share distribution while maintaining the total distribution amount [2][4]. Historical Comparison - The total cash dividend for 2024 is approximately 8.99 billion RMB, an increase from 7.47 billion RMB in 2023 and 5.30 billion RMB in 2022 [3]. - The total amount for share repurchases in 2024 is about 1.52 billion RMB, significantly higher than 180.46 million RMB in 2023 and 323.70 million RMB in 2022 [3][4]. - The cumulative cash dividends over the last three years have exceeded 500 million RMB, and the average net profit for the same period supports the current distribution plan [4]. Decision-Making Process - The board of directors unanimously approved the profit distribution plan and will submit it for review at the 2024 annual shareholders' meeting [4]. - The supervisory board also agreed with the profit distribution plan, affirming its compliance with legal regulations and the company's strategic planning [4].