Hailiang Group: Cash dividends and share repurchases will reach nearly 600 million yuan in 2024.

Hailiang Group announced the "2024 Profit Distribution Plan and 2025 Mid-term Dividend Plan". The plan shows that the company plans to distribute RMB 1.80 per 10 shares to all shareholders, with an estimated cash dividend of RMB 345 million in 2024. The mid-term dividend will be implemented in 2025 under the premise of ensuring the normal operation and long-term development of the company. In addition to the above dividends, the company will also carry out a cash repurchase of RMB 253 million in 2024. The total amount of cash dividends and share repurchases for the year 2024 is estimated to be RMB 599 million, accounting for a high proportion of 85.12% of the net profit attributable to shareholders of the listed company in 2024.