近五年连续分红公司达1681家

Core Insights - The report indicates a positive trend in corporate governance among Chinese listed companies, highlighting improvements in shareholder return mechanisms and overall governance practices [4] Group 1: Cash Dividends - As of June 30, 2025, the total cash dividends for the fiscal year 2024 amounted to 2.4 trillion yuan [1] - Among 4,445 companies listed for over three years, 2,447 have consistently paid cash dividends over the past three years [1] - Of the 3,569 companies listed for over five years, 1,681 have consistently paid dividends over the last five years, with 210 companies showing continuous growth in dividends [1] Group 2: Shareholding Structure - Companies where the largest shareholder holds between 20% and 50% of shares account for 58.7%, while those with less than 20% ownership represent 10.64% [1] - 41.3% of companies have institutional investors holding more than 5% of shares, while 0.02% have no institutional ownership [1] - 73.48% of companies have less than 10% of shares pledged by the controlling or largest shareholder [1] Group 3: Board Meetings and Governance - 98.82% of companies held their annual shareholder meetings by June 30, 2024, with only 1.18% occurring afterward [2] - 87.90% of companies have established a separate board office, and attendance rates for board meetings are high, with 96.79% of directors attending 95% to 100% of meetings [2] - Only 1.26% of companies had proposals rejected during board meetings, with the most common rejection being related to "executive appointments and compensation" [2] Group 4: Audit and Financial Reporting - 99.96% of companies disclosed their 2024 annual audit reports, with 96.43% receiving standard unqualified opinions [3] - 98.34% of companies reported no non-operational fund occupation by controlling shareholders or related parties in 2024 [3] - Over 90% of companies actively engaged with investors through earnings briefings, with 93.79% holding such meetings [3] Group 5: Expert Commentary - The report is seen as a significant reference for the positive trends in corporate governance, emphasizing the strengthening of shareholder return mechanisms [4] - It is suggested that regulatory bodies should focus on enhancing the effectiveness of corporate governance, particularly addressing issues like related-party transactions and internal supervision [4]