Changjiang Media proposes CNY 497.6m dividend, plans further investment

** Changjiang Publishing & Media (SSE:600757) plans to distribute a cash dividend of CNY 497.6 million, or CNY 0.41 per share, based on its 2024 performance, pending shareholder approval. This represents 52.65% of the net profit attributable to shareholders. The company is also seeking approval for up to CNY 4 billion in bank credit lines and guarantees of CNY 1.05 billion for its subsidiaries, namely Hubei Changjiang Publishing & Printing Materials and Hubei Xinhua Printing, highlighting continued investment in its core operations.