Core Viewpoint - The company emphasizes its commitment to long-term sustainable development and shareholder returns, highlighting significant cash dividends and share buybacks planned for the upcoming years [1] Summary by Relevant Sections Shareholder Returns - In 2024, the company plans to distribute cash dividends of RMB 7.8 per 10 shares (including tax), totaling over RMB 1.1 billion, which represents 35.45% of the net profit attributable to shareholders for 2023 [1] - The cash dividend per share for 2023 shows a year-on-year increase of 41.82% [1] - For 2025, the company intends to distribute cash dividends of RMB 10 per 10 shares (including tax), amounting to over RMB 1.369 billion, which is approximately 36.98% of the net profit attributable to shareholders for 2024 [1] - The cash dividend per share for 2024 reflects a year-on-year growth of 28.21% [1] Share Buybacks - The company repurchased 4.6968 million H-shares in January 2024, which were subsequently canceled [1] - From December 12, 2024, to June 5, 2025, the company plans to repurchase a total of 53,591,700 H-shares, which will also be canceled [1] - Following these buybacks, the total number of issued shares will be reduced to 1,369,339,712 shares, comprising 500,432,200 H-shares and 868,907,512 A-shares [1] Future Plans - The company will disclose its shareholder dividend return plan for the next three years (2025-2027) on April 29, 2025, and it will be subject to approval at the shareholders' meeting on June 27, 2025 [1] - The board of directors will seek authorization from the shareholders' meeting to determine the mid-term profit distribution for 2025 [1]
时代电气:2025年拟每10股派发现金股利10元