Liuzhou Iron & Steel announces "quality, efficiency, returns" action plan

Liuzhou Iron & Steel has announced a comprehensive action plan focused on "improving quality, increasing efficiency, and focusing on returns." The plan aims to boost the company's intrinsic value and shareholder returns. Key initiatives include streamlining operations through lean management, enhancing profitability through cost control and product innovation, and actively engaging with investors. The company emphasized its commitment to prioritizing shareholder returns, targeting a dividend payout ratio of at least 30% of the average annual distributable profits from the last three years. Since its IPO, Liuzhou Iron & Steel has distributed 6.491 billion yuan in cash dividends. The company is also investing in the development of new productive forces through upgrades in "high-end, intelligent, and green" manufacturing and increased R&D spending. Further, Liuzhou Iron & Steel will enhance investor communication through various channels, ensuring transparency and responsiveness to market concerns. Finally, the company will focus on corporate governance and compliance.