Gree proposes JPY11.17bn dividend; highlights ESG efforts

** Gree Electric Appliances of Zhuhai (SZSE:000651) is set to reward its shareholders with a ¥11.17 billion cash dividend for the 2024 fiscal year, reflecting strong financial performance and a dedication to investor returns. The proposal, which still requires shareholder approval, involves distributing ¥20 (tax included) per 10 shares based on a total share capital of 5,585,138,741 shares. The company's total proposed cash dividend distribution for 2024 amounts to ¥16,755,416,223.00. Gree’s board of directors plans to set to the Annual General Meeting also approves proposed measures to create ongoing and stable profitability.