Zhiyang Innovation Technology (688191) 上海证券报·2025-04-26 02:32Core Viewpoint - The company, Zhiyang Innovation Technology Co., Ltd., has released its 2024 annual report summary, highlighting its financial performance, profit distribution plans, and business operations in the artificial intelligence sector [1][4]. Group 1: Financial Performance - The company plans to distribute a cash dividend of 5.00 yuan (including tax) for every 10 shares, totaling approximately 77.07 million yuan, which represents 150.12% of the net profit attributable to shareholders for the 2024 fiscal year [4]. - The total cash dividend for the year, including distributions from the first three quarters, amounts to approximately 92.48 million yuan, with a total of 112.51 million yuan allocated for cash dividends and share buybacks, accounting for 219.16% of the net profit attributable to shareholders [5]. - The company intends to increase its share capital by 4.9 shares for every 10 shares held, resulting in an increase of approximately 75.53 million shares, bringing the total share capital to about 229.66 million shares [5][6]. Group 2: Business Overview - Zhiyang Innovation is focused on aiding the digital and intelligent transformation of industries through artificial intelligence, big data analysis, IoT technology, and digital twin technology [8][9]. - The company has developed six foundational technology platforms, including an AI platform and a digital twin platform, which facilitate the integration of AI solutions across various sectors such as electricity, water conservancy, rail transportation, and renewable energy [9][10]. - The company has successfully established a mature business model in the electricity sector and is expanding its AI solutions to other industries, reflecting a growing demand for AI products [8][10].