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Zhenhua Heavy Industries proposes 0.02 yuan half-year cash dividend

September 25, 2025 at 11:00 AM UTCBy FilingReader AI

Shanghai Zhenhua Heavy Industries announced a proposed cash dividend of 0.02 yuan per share (tax inclusive) for the first half of 2025. This distribution, amounting to approximately 105.29 million yuan, represents 30.57% of the company’s net profit attributable to shareholders for the period. The dividend for B-shareholders will be paid in US dollars, converted at the prevailing interbank exchange rate.

The proposal follows the company's unaudited financial report for H1 2025, which showed a net profit attributable to shareholders of approximately 344 million yuan and an undistributed profit of approximately 2.711 billion yuan as of June 30, 2025. The company will not issue bonus shares or convert capital reserves into share capital.

The profit distribution plan was approved by the ninth board of directors at its sixteenth meeting on September 25, 2025, and is now subject to approval by the general shareholders' meeting.

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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