Fuyao Glass proposes interim dividend, reports strong half-year growth

Fuyao Glass Industry Group Co. proposes an interim profit distribution plan for 2025, offering a cash dividend of RMB0.90 per share. This distribution, totaling RMB2,348,769,178.80, represents 48.88% of the net profit attributable to ordinary shareholders for the period. The company will not issue bonus shares or convert capital reserves. Dividends are expected to be paid by November 13, 2025, subject to shareholder approval. The H-share register will close from September 10 to September 16, 2025, to determine dividend eligibility.

For the first half of 2025, Fuyao Glass reported consolidated revenue of RMB21,447.392 million, a 16.94% increase year-on-year. Profit before tax rose by 40.46% to RMB5,794.033 million, with profit attributable to owners of the Company increasing by 37.34% to RMB4,804.424 million. Basic earnings per share were RMB1.84, up 37.31%. The company will also hold its 2025 First Extraordinary General Meeting on September 16, 2025, to approve several resolutions, including amendments to its articles of association and rules of procedure for shareholders' meetings, board of directors, and independent directorship system. The election of two independent non-executive directors will also be on the agenda.