Anhui Honglu proposes increased dividend and capital boost for subsidiaries

Anhui Honglu Steel Construction Group (SZSE:002541) has announced a plan to distribute a cash dividend of CNY 3.60 per 10 shares for the fiscal year 2024, totaling CNY 247.45 million. This dividend, awaiting shareholder approval, reflects a balance between rewarding investors and supporting the company's long-term goals. Furthermore, the board approved increasing the guarantee limit for various subsidiaries and is injecting a capital increase of CNY 160 million into key subsidiaries.