Reported 7 months ago
Sheng Yu held a shareholders' meeting on June 14th, where they approved a cash dividend of 1.25 yuan per share. Despite unclear overall demand, Sheng Yu mentioned that steel prices have bottomed out with no further room for decline, expecting a smooth upward trend. Alongside developing high-value steel products, they are also aiming to secure AI factory construction orders to improve this year's performance compared to last year. The meeting was chaired by the current chairman, and a new chairman was appointed due to the end of the current chairman's term.
Source: YAHOO