Xin Fengming announces 2024 results and cash dividend details

Xin Fengming Group Co., Ltd. (SSE:603225) announced details regarding its 2024 financial results, its first quarter 2025 performance, and its proposed cash dividend distribution. The announcement was made in conjunction with an online investor presentation held on June 4, 2025. The company plans to distribute a cash dividend of CNY 0.225 per share (inclusive of tax), totaling CNY 336 million. This represents 30.57% of the net profit attributable to shareholders for the year. Xin Fengming also executed a share repurchase program totaling CNY 279 million in 2024. The combined cash dividend and share repurchase amount to CNY 615 million, representing 55.90% of the net profit attributable to shareholders. The average repurchase price was CNY 11.62 per share.