Juhua to distribute cash dividend, parent increases stake

Zhejiang Juhua (SSE:600160) will distribute a cash dividend of CNY0.23 per share based on a total share capital of 2,699,746,081 shares, totaling CNY620,941,598.63, with the distribution occurring on June 6, 2025. Concurrently, Juhua's controlling shareholder, Juhua Group, through its affiliated entity Zhejiang Juhua Investment, has been actively increasing its stake in the company. Since April 8, 2025, Juhua Investment has acquired 3,369,100 shares for CNY7,997,320, raising Juhua Group's total ownership to 53.5577% as of May 29, 2025. This increased investment reflects Juhua Group's confidence in Juhua's future prospects, despite potential market fluctuations. The distribution plan and stake increase highlight Juhua’s commitment to shareholder returns and confidence in its future performance.