FilingReader Intelligence

Baosight's 2024 profit distribution and ESG focus drive growth

March 31, 2025 at 05:21 PM UTCBy FilingReader AI

** Shanghai Baosight Software (SSE:600845) released its 2024 annual report, showcasing a commitment to shareholder value and sustainable growth. The company's board proposes a cash dividend of CNY 6 per 10 shares, totaling approximately CNY 1.73 billion, pending shareholder approval. Alongside the profit distribution announcement, Baosight emphasized its dedication to Environmental, Social, and Governance (ESG) principles, detailing its progress in several key areas. It remains committed to data security and high standards for operations. In its pursuit of future success, Baosight intends to further expand resources, services, operations. Furthermore, the company allocated CNY 14.61 billion towards research in 2024, emphasizing Baosight's commitment to innovation and creating the new business that leverages "Internet +." As part of its environmental efforts, Baosight highlighted its focus on AI-driven solutions for green manufacturing in the steel industry, promoting energy efficiency and emissions reduction. To meet the highest level of quality, the company will ensure it promotes safety for a new era and follow a detailed system. Also, the company will ensure the safety of stakeholders, including a commitment to data and safety.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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