Wuliangye announced that the dividend rate will reach 70% in 2024, with a total dividend amount of 22.3 billion yuan, hitting a new record high.
On June 20th, the Wuliangye 2024 Annual Shareholders' Meeting was held in Yibin, Sichuan. Zeng Qinqin, Secretary of the Party Committee and Chairman of Wuliangye Group Company, stated that they are committed to the mission of creating good returns for investors, and have released a three-year shareholder return plan. The annual cash dividend ratio will not be less than 70%, with a total dividend amount of not less than 20 billion yuan. In 2024, Wuliangye carried out a large-scale mid-term cash dividend of 10 billion yuan, combined with an annual dividend plan of 12.3 billion yuan. The total dividend for the year reached 22.3 billion yuan, with a dividend rate of 70%, achieving a historical high. At the same time, Wuliangye Group successfully completed the first round of 500 million yuan shareholding in Wuliangye shares, and is currently implementing the second round of 500 million to 1 billion yuan shareholding, already increasing by 600 million yuan. The shareholding plan will continue.
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