Chint Electrics' Controlling Shareholder Proposes Interim 2026 Dividend, Suggesting 0.5 Yuan per 10 Shares

Stock News07-20

The controlling shareholder of Zhejiang Chint Electrics Co.,Ltd. (ASX: 601877) has put forward a proposal for the company to distribute an interim dividend for the 2026 financial year.

The proposal suggests that, on the premise of adhering to the profit distribution principles outlined in the company's articles of association and ensuring normal operations and long-term development, the company should proceed with the mid-year payout.

It is recommended that a cash dividend of 0.5 yuan per 10 shares (tax inclusive) be distributed to all shareholders, based on the total number of shares registered on the record date for the future equity distribution.

The proposal specifies that no bonus shares will be issued and there will be no capital reserve conversion into share capital.

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