Raytron Tech reports revenue jump, boosts shareholder returns

Yantai Ruichuang Micro-Nano Technology Co., Ltd. (Raytron Technology, SSE:688002) announced a 21.28% increase in operating revenue, reaching CNY4,315.70 million for the year 2024. The boost was primarily due to robust infrared sales. Raytron has also proposed an increased cash dividend of CNY0.80 per 10 shares, totaling CNY265.08 million, subject to shareholder approval. This translates to 46.59% of the company’s net profit attributable to shareholders. Raytron continues to limit the annual dividend to less than 30% of profits so as to maintain cash-flow. The company will continue with its share repurchase plan using CNY205.08 million, or 36.04%, of profits. Raytron had CNY77.42 million worth of equity incentives in 2024. Raytron continues to invest and engage shareholders.