Estimated dividend payout exceeds 80 billion yuan

This article is reprinted from Quanzhou Evening News

Over 100 Shanghai-listed companies announce dividend plans

Expected total dividends exceed 80 billion yuan

Our reporter learned on the 23rd from the Shanghai Stock Exchange that, as of now, a total of 122 companies listed on the Shanghai Stock Exchange have released their 2025 annual reports, of which 101 have announced dividend plans, accounting for over 82%, with an expected total dividend payout of more than 80 billion yuan.

With the arrival of the annual report season, many Shanghai-listed companies have announced their dividend plans simultaneously with their annual report disclosures, providing support for the value of these companies with real cash. Specifically, among the 89 companies on the main board that disclosed their annual reports, 70 announced dividend plans, with an expected total dividend of 76.524 billion yuan. There are 33 companies on the STAR Market that have disclosed their annual reports, of which 31 announced dividends, with a total expected dividend of 3.788 billion yuan.

Among the Shanghai-listed companies that have disclosed dividend plans, several have announced dividends exceeding 10 billion yuan. CITIC Bank paid out a total of 21.201 billion yuan in dividends for the year, setting new records for both dividend amount and payout ratio. After accounting for share repurchases, Sinopec’s annual profit distribution ratio reached 81%, an increase of 6 percentage points compared to 2024; over the past three years, the company’s total cash dividends and share repurchases exceeded 106.2 billion yuan. Industrial Fulian’s annual cash dividend totaled 19.451 billion yuan, with a dividend payout ratio of 55.12%, both reaching new highs since listing.

Domestic AI chip leader Cambrian achieved its first profit turnaround in 2025. According to its profit distribution plan for 2025, the company intends to distribute approximately 632 million yuan, accounting for 30.71% of the net profit attributable to shareholders for 2025. This is also Cambrian’s first cash dividend since listing, reflecting its emphasis on shareholder interests and confidence in sustainable profitability.

Qin Huanmei, a researcher at the Shanghai International Financial Center Research Institute of Shanghai University of Finance and Economics, told China News Service that listed companies enhancing shareholder returns through cash dividends and share repurchases can help boost investor confidence, increase investors’ sense of gain, promote long-term shareholding, improve investor protection systems, optimize pricing mechanisms of listed companies, and promote high-quality development of the capital market. (China News Service)