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Express News | Zangge Mining Says Controlling Shareholder Proposes Interim Cash Dividend of 2.6 Yuan per 10 Shares
Express News | Zangge Mining Says Controlling Shareholder Proposes Co to Buy Back 150-300 Mln Yuan Worth of Company Shares
Zangge Mining (000408.SZ): The controlling shareholder proposed to implement mid-term dividends in 2024.
On July 26, Gelunhui reported that Zangge Mining (000408.SZ) announced that it received a letter from its controlling shareholder, Tibet Zangge Chuangye Investment Group Co., Ltd. (hereinafter referred to as "Zangge Chuangye Investment"), on July 26, 2024, proposing the implementation of midterm dividends for the 2024 fiscal year. In order to promote the high-quality development of the company, share the results of the company's operation and development with investors, and implement the "double promotion of quality and return" action plan, based on comprehensive considerations of the company's long-term development confidence, financial prospects, and other factors, Zangge Chuangye Investment proposed that the Company distribute dividends in accordance with the provisions of the Company's Articles of Association.
Zangge Mining (000408.SZ): The deadline for the shareholding plan of the controlling shareholder to reduce shares has expired and has not been implemented.
On July 23, Ge Long Hui reported that Zangge Mining (000408.SZ) received a notification letter from its controlling shareholder Zangge Entrepreneurial Investment regarding the expiration of the shareholding reduction plan. As of the date of this announcement, the shareholding reduction plan has expired, and Zangge Entrepreneurial Investment has not reduced its shareholding in the company during the reduction plan period.
Debang Securities: Copper prices hit a new high in 24Q2, but dropped sharply in Q3TC due to continuous tight supply and demand.
The copper industry's financial and industrial properties may resonate.
Slowing Rates Of Return At Zangge Mining (SZSE:000408) Leave Little Room For Excitement
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