Chang Chuan Technology approves 2024 dividend, new share issuance

Hangzhou Changchuan Technology Co., Ltd. announced the implementation of its 2024 annual equity distribution, distributing RMB 1.00 per 10 shares after the plan was approved at the 2024 Annual General Meeting.

This dividend distribution follows a separate shareholder resolution at the 2025 First Extraordinary General Meeting, where shareholders also approved the company's plan for a private placement of shares.

The general meeting confirmed the overall positive outcome for both the dividend and the share issuance, with broad shareholder support for both proposals.