Summary by Moomoo AI
China Coal Energy announced on 30 May 2024 that it has received a proposal letter from the controlling shareholder of China Coal Energy Group Limited regarding the distribution of profits. The proposal includes a further distribution of a special dividend of RMB15 billion to shareholders, a cash dividend of RMB0.113 per share, and a proposed interim dividend of no less than 30% of net profit for the first half of 2024. The proposal will be considered at the Board meeting on June 12, 2024. China Coal Energy said the move was aimed at enhancing the value of the company's investment and sharing development results with investors. The Company reminds shareholders and potential investors to exercise caution in the purchase and sale of securities prior to the approval of the Special Dividend at the Board Meeting.