Great Star Industrial announces H1 2025 profit distribution, EGM

Hang Zhou Great Star Industrial Co., Ltd. (SZSE:002444) reported a proposed cash dividend of 2.50 yuan (including tax) per 10 shares for the first half of 2025, based on a total share capital of 1,194,478,182 shares as of June 30, 2025. This distribution will total 298,619,545.50 yuan, with no bonus shares or capital reserve conversions. The proposal, approved by the board of directors on August 26, 2025, will be presented for shareholder approval at the extraordinary general meeting.

The company achieved a net profit attributable to shareholders of 1,272,861,836.46 yuan for the first half of 2025, with total revenue of 7,027,498,063.33 yuan, an increase of 4.87% year-on-year. The retained earnings available for distribution stood at 6,873,299,585.90 yuan. This distribution is consistent with the company's dividend policy and considers industry characteristics, development stage, business model, profitability, debt-paying ability, major capital expenditure plans, and investor returns.

An extraordinary general meeting is scheduled for September 30, 2025, from 14:30 to 17:00, to vote on the proposed profit distribution plan. Online voting will be available via the Shenzhen Stock Exchange trading system from 9:15 to 15:00.