Haers boosts investor returns with CNY69.5m dividend plan

Zhejiang Haers Vacuum Containers (SZSE:002615) announced plans to distribute a cash dividend of ¥69.54 million for the fiscal year 2024, allotting ¥1.5 (including tax) per 10 shares to all shareholders of record on the equity registration date. The plan, which still needs shareholder approval, reflects the company's continued profitability and board's confidence in its financial stability and positive outlook for future development. This action aligns with the company's long-term strategic goal of enhancing shareholder value, complementing ongoing efforts to boost employee engagement through stock ownership. The announcement coincided with the release of the vacuum container maker’s 2024 business report, detailing strong revenue and profit growth along with strategic advancements in operations, international market penetration, and technology-driven manufacturing improvements. The dividend will be funded from the parent company's distributable profits of CNY 1,078.91 million.