FilingReader Intelligence

EGing Optoelectronics foregoes 2024 dividend amidst losses

April 29, 2025 at 05:10 AM UTCBy FilingReader AI

EGing Photovoltaic Technology [SSE:600537] announced it will not distribute profits for fiscal year 2024, due to negative retained earnings in both the parent company and consolidated financial statements. This decision aligns with regulatory guidelines and the company's articles of association. The company states this move will safeguard its operations and foster long-term growth for shareholders.

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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