Core Viewpoint - China CRRC Corporation Limited plans to distribute a cash dividend of RMB 1.1 per 10 shares, totaling RMB 3.157 billion, which represents 43.57% of the net profit attributable to shareholders for the first half of 2025 [1][2]. Profit Distribution Plan - As of June 30, 2025, the company's available profit for distribution is RMB 3.974 billion [1]. - The total share capital as of the same date is 28,698,864,088 shares, leading to a total cash dividend distribution of RMB 3.157 billion [1]. - The cash dividend distribution will be based on the total share capital registered on the equity distribution registration date, with adjustments made if the total share capital changes before that date [1][2]. Reasonableness of Cash Dividend Plan - The proposed cash dividend of RMB 3.157 billion accounts for 79.44% of the company's undistributed profits, exceeding the 50% threshold [2]. - The distribution plan is not expected to impact the company's debt repayment ability, cash flow, or earnings per share significantly, nor will it affect normal operations and long-term development [2]. Decision-Making Process - The board of directors approved the profit distribution plan with a unanimous vote of 6 in favor [2]. - The supervisory board has also agreed that the decision-making process and the proposed distribution are in compliance with relevant laws and regulations, and they support the plan being submitted for shareholder approval [2].
中国中车: 中国中车2025年半年度利润分配方案的公告