Three Gorges Water announces profit distribution and wealth management plan

Chongqing Three Gorges Water Conservancy & Electric Power (Group) Co., Ltd. announced a preliminary profit distribution plan for the first three quarters of 2025, proposing a cash dividend of 0.05 yuan per share (including tax) based on 1,893,191,313 shares, totaling 94,659,565.65 yuan. This decision, approved by the board and supervisory committee, aligns with the company’s capital preservation and shareholder return goals, utilizing available profit of 1,418,182,976.71 yuan.

Additionally, the company will implement a low-risk wealth management strategy for its idle funds, allowing the general manager's office to invest up to 30% of the company’s latest audited net assets over 12 months. This includes investments in bank wealth management products, bonds, and reverse repurchase agreements, aiming to enhance capital efficiency and increase operating income. These measures are designed to maintain company value and boost shareholder returns, while prioritizing capital safety and operational stability.

The unaudited third-quarter financial report shows the company’s total assets at 26,013,456,106.47 yuan, with owners’ equity attributable to the parent company at 11,329,018,965.80 yuan. The company reported a net profit attributable to parent company shareholders of 350,536,133.90 yuan for the first three quarters of 2025. These proposals are subject to approval at the company’s upcoming general meeting.