Quectel unveils shareholder return plan, details capital strategy

Quectel Wireless Solutions (SSE:603236) is set to implement a shareholder return plan for 2025-2027, emphasizing consistent returns and protecting investor interests. The company aims to prioritize cash dividends, balancing shareholder value with sustainable growth. Additionally, the board authorized a private placement of shares, not exceeding 26,165,765 shares, and earmarking funds for key initiatives. These include expanding capacity for automotive and 5G modules, bolstering AI capabilities, upgrading the headquarters and R&D center, and supplementing working capital.