Zhejiang NHU proposes cash dividend, plans debt issuance after strong half-year

Zhejiang NHU Company reported a robust performance in the first half of 2025, with operating revenue of RMB 11,100,632,836.78, up 12.76% year-on-year, and net profit attributable to shareholders of RMB 3,603,323,979.16, marking a 63.46% increase. This strong financial health has prompted the board to propose a cash dividend of RMB 2 per 10 shares (tax included), based on 3,059,121,988 shares. No bonus shares or capital reserve conversions are planned.

In addition to the dividend, the company plans to issue debt financing instruments, including medium-term notes, short-term commercial papers, and ultra-short-term financing bonds, totaling up to RMB 3 bn. The proceeds will fund project construction, R&D, repayment of interest-bearing debt, and supplement working capital. The proposal aims to optimize the capital structure and reduce financing costs.

The board also noted the completion of the fourth employee stock ownership plan, with all shares sold by June 26, 2025. Furthermore, the company’s wholly-owned subsidiary, Shandong NHU Fine Chemical Science and Technology Co., Ltd., completed the absorption and merger of Shandong NHU Vitamins Co., Ltd. in February 2025, consolidating its operations.