Reported 8 months ago
Jeou Flow Valve Industry (4580), led by Chairman Yang Dazhong and General Manager Qian Peiling, held a shareholders' meeting where a comprehensive board election took place, resulting in a new board of directors and management team. While Investment Director Chen Binchao and Digital Director Chen Zongxiao remain in their positions, their sons were appointed as new directors during the board transition. The company recorded a record-high consolidated revenue of 2.61 billion yuan last year but was unable to maintain high earnings per share. During the meeting, it was approved to distribute a cash dividend of 4.8 yuan. The company's general manager, Qian Peiling, shared that the order visibility extends to the fourth quarter, reflecting a positive outlook for the year's revenue challenges.
Source: YAHOO