广东塔牌集团股份有限公司

Core Viewpoint - Guangdong Tapai Group Co., Ltd. plans to distribute a total cash dividend of approximately 536.52 million yuan for the year 2024, which represents 244.93% of the average annual net profit for the years 2022-2024, thus avoiding any risk warning situations as per the Shenzhen Stock Exchange regulations [1][2]. Group 1 - The proposed cash dividend plan for 2024 is in compliance with relevant regulations and considers industry conditions, company performance, cash flow, and shareholder returns, ensuring legality, compliance, and reasonableness [1][2]. - The total amount of financial assets and investments reported for 2023 and 2024 is approximately 5.669 billion yuan and 5.648 billion yuan, respectively, accounting for 42.04% and 41.84% of total assets, both below 50% [2]. Group 2 - The company held its sixth supervisory board meeting on March 16, 2025, where several key reports and proposals were approved, including the 2024 annual financial settlement report and the 2024 profit distribution proposal, all requiring further approval at the annual shareholders' meeting [5][10][15]. - The company is implementing a valuation enhancement plan for 2025 due to its stock price being below the audited net asset value per share for the past 12 months, which necessitates the development of this plan [23][24]. Group 3 - The 2025 valuation enhancement plan includes measures to strengthen core business operations, enhance market competitiveness, and improve governance structures, aiming for sustainable growth and value enhancement [25][41]. - Specific strategies include deepening the cement business, expanding environmental services, enhancing concrete industry competitiveness, and improving investment management [26][28][30]. - The company plans to maintain a high cash dividend ratio, targeting at least 70% of the net profit for shareholder returns, with a minimum cash dividend of 0.45 yuan per share [35].