CAIP: In the next three years, the annual profit distribution will not be less than 20% of the distributable profit
Changshu Automotive Trim announced that the company's board of directors has approved the proposal on the "Shareholder Dividend Return Plan for the Next Three Years." According to the plan, the company will distribute profits in the next three years through cash dividends, stock dividends, or a combination of both, with the annual profit distribution not less than 20% of the distributable profits achieved in that year. At the same time, cash dividends will take precedence over stock dividends. If the company's development stage is in the growth phase and there are significant capital expenditure arrangements, the proportion of cash dividends in this profit distribution should reach at least 20%
