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Sunner Development proposes cash dividend, adjusts related party transactions

October 21, 2025 at 10:30 AM UTCBy FilingReader AI

Fujian Sunner Development (SZSE:002299) has proposed a cash dividend of CNY 3 per 10 shares (including tax) for its first three quarters of 2025, based on 1,235,947,266 shares, totaling CNY 370,784,179.8. This proposal, approved by the board on October 21, 2025, aligns with the company's robust profitability, with net profit attributable to shareholders reaching CNY 1,158,919,234.65. The distribution is subject to shareholder approval at the third extraordinary general meeting on November 19, 2025.

Additionally, Sunner Development adjusted its 2025 related party transaction forecasts, increasing the total estimated amount by CNY 9.9 million to CNY 34 million. These adjustments reflect actual operating conditions and business expansion, involving transactions with entities like Baisheng Bio-tech, Hexinfu, Jiangxi Ouwo Bio-tech, and Three Gorges Energy Investment (Fujian) for procurement and sales of various products and electricity services. The board, excluding interested directors, approved these adjustments, stating they are fair, benefit sustained growth, and do not harm shareholder interests.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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