Summary by Futu AI
On June 4, 2024, Great Wall Motor released an announcement stating that, based on the legal opinion provided by Beijing Jincheng Tongda Law Firm, the company will implement differentiated dividends. The dividends are based on the profit distribution of the 2023 fiscal year, while taking into account the shares held in the account specifically for stock repurchases that will not participate in the dividend distribution. Great Wall Motor previously repurchased some A-share stocks through centralized bidding trading, for employee shareholding plans and/or stock-based incentive plans. As of February 21, 2023, the company has repurchased a total of 27,999,954 A-shares, accounting for 0.32% of the total share capital. According to the profit distribution plan passed at the 2023 annual shareholders meeting, the company will distribute...Show More