Sumec Corp proposes CNY 482m dividend, appoints key executives

Sumec Corporation (SSE:600710) announced a proposal for a cash dividend of ¥482.19 million (¥0.369 per share) based on its 2024 performance. This decision, pending shareholder approval at the upcoming annual general meeting on May 13, follows a year in which Sumec reported a net profit attributable to shareholders of ¥1,148.35 million. Additionally, the company nominated Wang Jian and Fan Wenye as candidates for non-independent director positions and appointed Wang Jian as General Manager and Hu Haijing as Deputy General Manager, marking strategic adjustments to its leadership structure. As part of financial and operations review, it was also unveiled that JIANHE LIU replaced WANG YUQI as an independent auditor for the same session.