Sou Hu Cai Jing·2026-03-20 10:58Core Viewpoint - Fuyao Glass emphasizes that its increased dividends are not solely supported by short-term debt, but rather by strong cash flow generation and a commitment to shareholder returns [1] Financial Performance - The company projects a net cash flow from operating activities of 12.055 billion yuan in 2025, representing a year-on-year increase of 40.79% [1] - As of the end of 2025, Fuyao Glass expects to have cash and cash equivalents amounting to 19.241 billion yuan [1] Shareholder Returns - Since its listing in 1993, Fuyao Glass has distributed a total of 38.815 billion yuan in cash dividends to investors, including a declared but unpaid cash dividend of 3.132 billion yuan for 2025 [1] - The company has also issued stock dividends totaling 1.406 billion yuan, with total dividends and stock distributions accounting for 64.30% of cumulative net profit attributable to shareholders [1]