Fuyao Glass proposes $652m dividend, expands capacity

** Fuyao Glass Industry Group (SSE: 600660) announced a proposed cash dividend of RMB 4.698 billion ($652 million USD) to shareholders following a strong 2024 performance, as detailed in its summary annual report. The proposed dividend, equivalent to RMB 1.80 per share, represents 62.65% of the company's net profit attributable to shareholders. The record date for the dividend is still to be determined and is pending shareholder approval.