SDIC Power's shareholder proposes increased 2024 dividend
SDIC Power Holdings (SSE:600886) announced that its controlling shareholder, SDIC, has proposed a 2024 dividend distribution plan, targeting a payout ratio of no less than 55% of the net profit attributable to shareholders. This proposal aims to enhance shareholder returns and boost investor confidence. The company states that the proposed dividend plan aligns with relevant laws, regulations, and the company's articles of association. The proposal will be submitted to the board of directors, the supervisory board, and ultimately the shareholders' meeting for review and approval. SDIC Power cautioned that the implementation of the dividend plan is subject to shareholder approval and carries uncertainties. The company will fulfill its information disclosure obligations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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