The annual dividend is not less than half of the net profit, and Gree announced that it will pay 5.6 billion cash dividend.

Thanks to CTOnews.com netizens Xiao Zhan cut, grass Luo Yuzi's clue delivery! CTOnews.com February 21 news, Gree Electric Appliance announced on the evening of February 20 that the mid-term equity distribution plan in 2022 is to distribute a cash dividend of 10 yuan (including tax) to all shareholders for every 10 shares based on the company's existing total share capital excluding 17.5641 million shares that have been repurchased, without giving bonus shares or increasing share capital by provident fund, with a total cash dividend of 5.537 billion yuan. The equity registration date is February 24, 2023, and the de-dividend date is February 27, 2023.

As of CTOnews.com, Gree Electric Appliances tentatively reported 35.74 yuan, up 1.68%, with a total market capitalization of 201.2 billion yuan.

In January 2022, Gree Electric Appliances announced the shareholder return Plan for the next three years (2022-2024), which said that Gree Electric Appliances will make profit distribution twice a year from 2022 to 2024, that is, annual profit distribution and medium-term profit distribution. At the same time, under the premise that the cash flow meets the company's normal operation and long-term development, the total annual cumulative cash dividend of Gree Electric Appliance from 2022 to 2024 is not less than 50% of the net profit of that year.

In terms of performance, Gree Electric Appliances achieved a net profit of 11.466 billion yuan in the first half of 2022, an increase of 21.25% over the same period last year. The cumulative net profit in the first three quarters of 2022 was 18.304 billion yuan, an increase of 17% over the same period last year.