CRSC boosts returns, innovation, and expansion in 2024

** China Railway Signal & Communication Corporation (SSE:688009) reported a net profit of CNY 3.495 billion in its 2024 annual report, representing a modest 0.5% increase. Building on these financials, CRSC plans significant moves, including a cash dividend of CNY 1.70 per 10 shares, totaling approximately CNY 1.8 billion, signaling a strong commitment to shareholder returns. The company will also allocate nearly CNY 6 billion for strategic investments and will enhance its focus on expanding in emerging sectors like low-altitude economy and its ongoing efforts in innovation. To further support financial stability, CRSC maintains diverse banking relationships and has secured credit facilities totaling CNY 43.749 billion. The company has also committed to maintaining ethical accounting and business practices, further ensuring the integrity of its overall operations and protecting investor value.