Huaibei Mining plans CNY2bn dividend despite revenue dip

** Huaibei Mining Holdings (SSE: 600985) announced plans to distribute a cash dividend of ¥2,019.94 million (¥0.75 per share) to shareholders for the fiscal year 2024, even as the company reported a dip in operating revenue. The dividend payout represents 41.60% of the company's net profit attributable to equity holders. The dividend proposal is subject to approval at the upcoming annual general meeting.