Jiangling Motors proposes $615m dividend for 2024

** Jiangling Motors (SZSE: 000550) has announced a proposed dividend of RMB 614.6 million ($85.8 million USD) for fiscal year 2024, equivalent to RMB 0.712 ($0.10 USD) per share, subject to shareholder approval at the upcoming annual general meeting. The proposal comes amid a backdrop of audited financial results showcasing net profits of RMB 1.537 billion ($214.7 million USD) alongside ongoing investments in advanced technologies and global expansion.