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Sany Heavy Industry proposes cash dividend, plans share repurchases

April 17, 2025 at 05:22 PM UTCBy FilingReader AI

Sany Heavy Industry (SSE:600031) announced its 2024 earnings and proposed distribution plan alongside updates to its financial strategy. The board recommends a cash dividend of CNY 0.36 per share, totaling CNY 3,034.37 million, pending shareholder approval. This represents a significant portion of the year's net profit, reflecting the company's commitment to returning value. If approved, shareholders of record on the distribution equity registration date will receive CNY 0.36 per share. The actual implementation of dividend and share repurchase plan will depend on the subsequent general meetings approval.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Supplementary Source Documents

Sany Heavy Industry Co., Ltd.'s announcement on the repurchase and cancellation of some restricted sharesApril 17, 2025 at 12:52 PM UTC
Special Audit Report on the Summary Table of Non-operating Fund Occupation and Other Related Fund Transactions of Sany Heavy Industry Co., Ltd. in 2024April 17, 2025 at 12:52 PM UTC
Sany Heavy Industry Co., Ltd. 2024 Annual ReportApril 17, 2025 at 12:52 PM UTC
Sany Heavy Industry Co., Ltd. 2024 Annual Audit ReportApril 17, 2025 at 12:52 PM UTC
Sany Heavy Industry Co., Ltd. 2024 Internal Control Audit ReportApril 17, 2025 at 11:35 AM UTC
Sany Heavy Industry Co., Ltd. Announcement on Estimated Routine Related-Party Transactions in 2025April 17, 2025 at 12:36 PM UTC
Announcement of Sany Heavy Industry Co., Ltd.'s 2024 Profit Distribution PlanApril 17, 2025 at 12:36 PM UTC
Sany Heavy Industry Co., Ltd. Announcement on the Amendment of the Articles of AssociationApril 17, 2025 at 12:52 PM UTC
Sany Heavy Industry Co., Ltd.'s announcement on developing financial derivatives businessApril 17, 2025 at 12:52 PM UTC
Sany Heavy Industry Co., Ltd. Announcement on Re-appointment of Accounting FirmApril 17, 2025 at 12:36 PM UTC
Sany Heavy Industry Co., Ltd. Announcement on Changes in Accounting PoliciesApril 17, 2025 at 12:36 PM UTC
Sany Heavy Industry Co., Ltd. Announcement on the Achievement of the Second Phase Unlocking Conditions for Restricted Stocks in 2022April 17, 2025 at 12:36 PM UTC
Sany Heavy Industry Co., Ltd.'s announcement on using its own idle funds to purchase financial productsApril 17, 2025 at 12:36 PM UTC
SSE:600031Shanghai Stock Exchange
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