Fuling Zhacai(SZ:002507) Zheng Quan Zhi Xing·2025-03-28 12:43Core Viewpoint - Chongqing Fuling Zhacai Group Co., Ltd. announced its profit distribution plan for the year 2024, proposing a cash dividend of approximately 484.65 million yuan, reflecting a significant increase from the previous year's dividend of 346.18 million yuan [1][2][3] Summary by Sections 1. Review Procedure - The company's board of directors approved the profit distribution proposal on March 27, 2025, which will be submitted to the 2024 annual shareholders' meeting for review [1]. 2. Profit Distribution and Capital Reserve Transfer - The company reported a consolidated net profit of 799.35 million yuan for 2024, with a net profit attributable to shareholders of 594.22 million yuan. The total distributable profit at the end of 2024 was 4.14 billion yuan for the consolidated statements and 2.15 billion yuan for the parent company [1][2]. 3. Cash Dividend Plan - The proposed cash dividend of 484.65 million yuan will be distributed to shareholders, with the remaining profits retained for operational needs. No stock dividends or capital reserve transfers are planned for this year [2][3]. - The cash dividend represents an increase of approximately 40% compared to the previous year's total of 346.18 million yuan [2]. 4. Reasonableness of Cash Dividend Plan - The company emphasized that the cash dividend plan aligns with its commitment to providing reasonable returns to investors while ensuring sustainable development. The proportion of certain asset categories to total assets has remained below 50% over the last two years, supporting the decision to retain profits for operational needs [3][4].