--- title: "Huarui: Received a dividend payment of 50 million yuan from its subsidiary" type: "News" locale: "en" url: "https://longbridge.com/en/news/244019610.md" description: "Huarui announced that it has received a cash dividend of 50 million yuan from its wholly-owned subsidiary Ningbo Shengke Converter Co., Ltd. This dividend is based on Ningbo Shengke's undistributed profits of 232 million yuan as of December 31, 2024. This dividend will increase the net profit of the parent company's financial statements for the year 2025, but will not affect the net profit of the consolidated financial statements. Investors should be aware of investment risks" datetime: "2025-06-11T07:59:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244019610.md) - [en](https://longbridge.com/en/news/244019610.md) - [zh-HK](https://longbridge.com/zh-HK/news/244019610.md) generator: "portal-rs" --- # Huarui: Received a dividend payment of 50 million yuan from its subsidiary Huarui announced that the company recently received a cash dividend of 50 million yuan from its wholly-owned subsidiary Ningbo Shengke Switch Co., Ltd. Ningbo Shengke is a wholly-owned subsidiary included in the company's consolidated financial statements, with the company holding 100% of its equity. According to its Articles of Association and the decision made by shareholders, a cash dividend of 50 million yuan will be distributed to the company based on Ningbo Shengke's audited undistributed profits of 232 million yuan as of December 31, 2024. As of the date of this announcement, the company has received the cash dividend of 50 million yuan from Ningbo Shengke. The aforementioned profit distribution will increase the net profit of the parent company in the 2025 fiscal year but will not increase the net profit of the consolidated financial statements for the 2025 fiscal year, thus not affecting the overall operating performance of the company in 2025. Investors are advised to pay attention to investment risks ### Related Stocks - [300626.CN](https://longbridge.com/en/quote/300626.CN.md) ## Related News & Research - [Promise Analyzes Telehealth Licensing Rules as Compact Hits Record 3,633 Licenses in a Month](https://longbridge.com/en/news/296635882.md) - [US health agencies report 55 cases of E. coli and salmonella infections tied to alfalfa sprouts](https://longbridge.com/en/news/296645342.md) - [08:15 ETNow's the Time: Late Summer Is the Best Season For Homebuyers to Score a Deal in These U.S. Metros](https://longbridge.com/en/news/296616885.md) - [Caribbean Utilities closes record US$160 million senior unsecured notes private placement](https://longbridge.com/en/news/296411124.md) - [SandboxAQ introduces AQPotency for virtual drug screening](https://longbridge.com/en/news/296467103.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**