Daqin Railway proposes $5.18bn dividend, plans strategic shift

** Daqin Railway has declared its intent to distribute a cash dividend of CNY 5,180.29 million for fiscal year 2024. This distribution is subject to shareholder approval at the upcoming Annual General Meeting (AGM) to be held on May 21, 2025. The proposed dividend amounts to CNY 0.14 per share and constitutes 57.31% of the net profit attributable to equity holders.