FilingReader Intelligence
Hengdian Group DMEGC makes major asset disposal and dividend
August 20, 2025 at 05:30 PM UTC•By FilingReader AI
Hengdian Group DMEGC Magnetics will dispose of assets and make impairment provisions totaling CNY 1.16bn, while proposing a cash dividend of CNY 3.80 per 10 shares.
The company will also provide USD 70m in financial assistance to subsidiary DM International Investment and abolish its supervisory board to streamline governance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Announcement regarding the proposed increase in financial assistance limits to a controlling subsidiary and a related-party transactionAugust 20, 2025 at 08:00 AM UTC
Announcement on asset disposals and impairment provisions for assets for the first half of 2025August 20, 2025 at 08:00 AM UTC
Announcement regarding the proposed profit distribution plan for the first half of 2025August 20, 2025 at 08:00 AM UTC
2025 semi-annual financial reportAugust 20, 2025 at 08:00 AM UTC
Notice regarding the convening of the first extraordinary general meeting of shareholders in 2025August 20, 2025 at 08:00 AM UTC
Announcement regarding the election of new non-independent directors to the ninth board of directorsAugust 20, 2025 at 08:00 AM UTC
Announcement regarding the adjustment of the governance structure, change of business scope, amendment of the articles of association, and the amendment, formulation, and abolition of certain corporate governance systemsAugust 20, 2025 at 08:00 AM UTC
Articles of associationAugust 20, 2025 at 08:00 AM UTC
Summary of semi-annual non-operating fund occupation and other related party fund transactionsAugust 20, 2025 at 08:00 AM UTC
2025 semi-annual reportAugust 20, 2025 at 08:00 AM UTC
SZSE:002056•Shenzhen Stock Exchange
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