Summary by Moomoo AI
ZHESHANG SECURITIES, A SUBSIDIARY OF ZHEJIANG HANGYONG EXPRESSWAY CO., LTD. (ZHEJIANG HANGYONG), ANNOUNCED ON APRIL 10, 2024 THAT IT WILL IMPLEMENT THE PROFIT DISTRIBUTION PLAN FOR 2023. Under the plan, Zhejiang Securities will distribute a cash dividend of RMB0.14 (tax included) per share to all shareholders. The distribution plan is based on the Company's 2023 net profit of RMB1,623,570,182.08 and takes into account the distributable profits after the withdrawal of statutory surplus funds, risk reserves, etc. THE TOTAL CASH DIVIDENDS DISTRIBUTED IN THIS PERIOD REPRESENT 30.65% OF THE NET PROFIT OF THE LISTED COMPANY'S SHAREHOLDERS. The profit distribution plan is still subject to consideration by the General Meeting. Mr. Yuan Yingjie, Chairman of Zhejiang Hengyong, confirmed that this profit distribution scheme will not have a significant impact on the company's operating cash flow, nor will it affect the normal operation and long-term development of the company.