124 A-share Companies Propose RMB 101.885 Billion in 2026 Interim Cash Dividends

As of 17:00 on August 17, a total of 124 listed companies on the A-share market had released their interim cash dividend profit distribution plans for 2026, with a combined proposed cash dividend of RMB 101.885 billion (including tax). Among them, China Mobile ranked first with a proposed payout of RMB 54.426 billion (including tax), followed by CATL and Hikvision, each with proposed payouts exceeding RMB 5 billion (including tax). From an industry perspective, the chemical sector had the most companies participating in interim dividends, with machinery and equipment, electronics, and other industries also relatively active. Overall, listed companies' willingness to reward shareholders has clearly strengthened, and cash dividends have become a common choice.

Dongpeng Beverage released its 2026 interim profit distribution plan, proposing to distribute a cash dividend of RMB 30 (including tax) per 10 shares. In the first half of 2026, Dongpeng Beverage achieved operating revenue of RMB 12.443 billion, up 15.89% year-on-year; net profit attributable to shareholders was RMB 2.867 billion, up 20.72% year-on-year. During the reporting period, Hikvision achieved total operating revenue of approximately RMB 46.823 billion, up 11.97% year-on-year; net profit attributable to shareholders was approximately RMB 7.896 billion, up 39.57% year-on-year.

Some listed companies in traditional industries, despite a decline in net profit in the first half of 2026, still insisted on implementing interim dividends. China CAMC Engineering announced on the evening of August 14 that it achieved total operating revenue of RMB 5.048 billion in the first half of 2026, up 5.44% year-on-year; net profit attributable to shareholders was RMB 130 million, down 26.4% year-on-year. The company plans to distribute a cash dividend of RMB 0.35 (including tax) per 10 shares to all shareholders. During the reporting period, affected by market supply and demand, the prices of the company's PVC, caustic soda, coal, and other products declined to varying degrees, while the prices of ammonium phosphate and compound fertilizer products rose to a certain extent due to a significant increase in sulfur prices.

Several listed companies announced their shareholder dividend plans for the next three years while releasing interim profit distribution plans. Zijin Mining proposed a cash dividend of RMB 4.2 (including tax) per 10 shares in its 2026 interim profit distribution plan. The company previously released a shareholder dividend return plan for the next three years (2026 to 2028), stating that under the premise of meeting cash dividend conditions, the cumulative profit distributed in cash from 2026 to 2028 shall in principle be no less than 35% of the cumulative distributable profit realized during that period. Datang Power released a shareholder return plan for the next three years (2026 to 2028), stating that when the parent company and consolidated statements are profitable for the year and cash flow meets normal operations and sustainable development, the company's annual cash distribution shall in principle be no less than 50% of the distributable profit attributable to ordinary shareholders realized in the consolidated statements for that year.