explanation of cryptocurrency, Block

Contemporary Amperex Technology Co., Limited's dividend plan shows the company's return to shareholders, which is worth promoting. Some people say it's still in addition to power, but I want to say it's still in power.I also said in my post today.It was announced on December 10th, 2024 that in order to further deepen the long-term strategic cooperative relationship between the company and Stellantis N.V ("Stellantis" for short) and support Stellantis' strategic goals of electric vehicle production and electrification, Contemporary Amperex Technology Co., Limited and its subsidiaries signed a joint venture agreement with Stellantis' subsidiaries and other four parties.

Dividend base: based on the existing total share capital of 4.403 billion shares, excluding the repurchased shares of 15.9915 million shares in the repurchase special securities account, the base is 4.387 billion shares.Dividend type: this dividend does not involve bonus shares, nor does it convert reserve fund into share capital.According to the agreement, Contemporary Amperex Technology Co., Limited and Stellantis plan to jointly set up a joint venture company in Spain, with each party holding 50% of the shares, and build a joint venture battery factory in Zaragoza, Aragon Autonomous Region, Spain. The estimated total investment of the battery factory is 4.038 billion euros (about 30.9 billion yuan).

This move marks the further cooperation and expansion of the two companies in the global electric vehicle industry chain, aiming at promoting the development of the global electric vehicle industry and strengthening the layout of the two companies in the global automobile battery market.Total dividend: 5.4 billion yuan, which is calculated based on 15% of the net profit attributable to shareholders of listed companies in the first three quarters of 2024.Contemporary Amperex Technology Co., Limited's dividend plan shows the company's return to shareholders, which is worth promoting. Some people say it's still in addition to power, but I want to say it's still in power.