Sinotruk Jinan Truck board proposes 2024 profit distribution

Sinotruk Jinan Truck (SZSE:000951) has announced its proposed profit distribution plan for 2024, recommending a cash dividend of RMB 4.05 per share (tax included) to shareholders of record as of the end of 2024. This dividend is based on a total share capital of 1,174,869,360 shares, less the 5,874,409 shares repurchased by the company, for a total distribution of RMB 473,442,955.16. Combined with the RMB 340,177,530.74 interim dividend already distributed, the total cash dividend for 2024 amounts to RMB 813,620,485.90, representing 55% of the net profit attributable to the parent company's shareholders. The proposal will be put to vote at the upcoming annual general meeting.