On April 8th, Guangliang Media announced that its controlling shareholder, Guangliang Holdings, proposed to distribute a cash dividend of RMB 2 (including tax) for every 10 shares in the company’s 2024 profit distribution plan. It is expected to distribute a total of RMB 585 million, without bonus shares or conversion of public reserves into share capital. Ray Holdings will vote in favor during the shareholders’ meeting. The company stated that the proposal complies with relevant laws and regulations and will not affect normal operations and long-term development. The specific plan needs to be reviewed and approved by the board of directors and shareholders’ meeting before implementation.
Scan code to share