Summary by Moomoo AI
CUHK announced on March 1, 2024 the “Quality Return Double Boost” action plan, which aims to improve the quality and investment value of the company, enhance investor confidence and promote long-term health and sustainable high-quality development. The program includes specific measures to optimize the main business, accelerate the development of emerging energy, and deepen overseas market expansion. The company maintains industry leadership in engineering hoisting machinery, construction hoisting machinery, concrete machinery, etc., and drives product and technological progress through technological innovation and high R&D investments. CITIC is also focusing on green development, responding actively to the country's “dual-carbon” strategy and sharing development results with shareholders through cash dividend and share buyback policies. The Company is committed to continuously improving the quality of investor relations management, maintaining good interaction with investors through a variety of communication methods to support the healthy development of capital markets.