RAYHOO MOTOR DIES: The profit distribution plan for the year 2024 is to distribute 3 yuan for every 10 shares
RAYHOO MOTOR DIES announced that the profit distribution plan for the year 2024 is to distribute a cash dividend of 3 yuan for every 10 shares, with no bonus shares issued and no capital reserve fund converted into share capital. The total amount of profit distribution is RMB 62.7964 million. This plan has been approved by the board of directors, the supervisory board, and the independent directors' meeting, and is subject to approval at the 2024 annual general meeting of shareholders. The net profit for the year 2024 is expected to be 350 million, with the planned dividend accounting for 17.93% of the net profit. The company stated that this profit distribution takes into account the interests of shareholders and the long-term development needs of the company, ensuring the funding requirements for normal operations and business expansion
