泛亚环保拟于2026年3月26日派发每股0.12港元的特别股息

Core Viewpoint - Pan-Asia Environmental (00556) plans to enhance shareholder returns and reduce cash levels by distributing special dividends, share buybacks, and investing in business expansion and diversification by the end of 2026 [1][2][3]. Financial Plans - As of June 30, 2025, the company has approximately RMB 1.3 billion (around HKD 1.4 billion) in cash, representing about 97% of total assets [1]. - The board intends to distribute approximately HKD 200 million as a special dividend and buy back shares worth HKD 100 million [1]. - A special dividend of HKD 0.12 per share will be paid on March 26, 2026, with a total payout of about HKD 119 million based on 990 million shares outstanding [1]. - A second special dividend of HKD 80 million is planned for payment before June 2026, exclusively in cash [2]. Share Buyback Strategy - The company plans to utilize HKD 50 million for share buybacks before the 2026 annual general meeting, with a similar amount allocated for the 2027 meeting, pending shareholder approval [3]. Business Expansion - The company aims to invest approximately HKD 3.3 billion in developing its core business of environmental protection products and services by June 2026 [3][4]. - Plans include acquiring properties for R&D and sales headquarters, as well as production facilities, with an estimated investment of HKD 330 million [4]. Diversification and New Ventures - The company is exploring opportunities in the consumer market by developing standardized water purification equipment and retail solutions, with potential investments of around HKD 220 million by December 2026 [6]. - The board is also focusing on AI-driven initiatives to enhance core business operations and plans to invest approximately HKD 200 million in AI assets and centers by December 2026 [7]. Operational Considerations - The company emphasizes the importance of maintaining sufficient cash levels for operational needs, including procurement costs and project execution, with a reserve of at least HKD 220 million for general operational funds [8].