The reporter of the financial Associated Press learned from Gree Electric Appliances Inc.Of Zhuhai(000651) that this time it is clear that the shareholder return plan for the next three years is because the company needs to establish a scientific, sustainable and stable shareholder return mechanism to give stable expectations to the market. At the same time, the company has abundant cash flow and dividend ability, and has always attached importance to shareholder return.
On January 24, Gree Electric Appliances Inc.Of Zhuhai(000651) announced that from 2022 to 2024, profit distribution will be conducted twice a year, and the total amount of annual cumulative cash dividends will not be less than 50% of the net profit of the year.
