SIPG(600018)2024-04-17 07:36Dividend Distribution - The proposed cash dividend for 2023 is RMB 1.72 per 10 shares, totaling approximately RMB 40.05 billion (including tax), with a dividend payout ratio of 30.33% [2][4] - The dividend payout ratio for 2022 was 18.93% [2] - Since its listing, the company has generated a net profit exceeding RMB 1,398 billion, with cash dividends amounting to approximately RMB 548 billion [3] Financial Performance - The company's free cash flow for 2023 is estimated at RMB 91.06 billion, down from RMB 115.31 billion in 2022 [3] - The company has a total outstanding entrusted loan balance of approximately RMB 2 billion, with interest rates ranging from 2% to 2.3% [4] - The company's return on equity is reported at 11.25% [4] Corporate Governance - The profit distribution plan is in accordance with the company's articles of association and requires approval from the shareholders' meeting [4] - The company emphasizes the protection of investors' rights, particularly for small and medium-sized shareholders [3][4] Future Strategy - The company aims to consolidate its leading position in the port industry and actively promote the implementation of diversified new businesses during the "14th Five-Year Plan" period [4] - 2024 is identified as a critical year for achieving the goals set in the "14th Five-Year Plan" and for promoting sustainable high-quality development [4]