Changes in Hong Kong stocks | Dongshan Precision (02384) rose more than 4% The controlling shareholder proposed an annual return of not less than 1 billion yuan, and the results increased rapidly in the third quarter of this year

The Zhitong Finance App learned that Dongshan Precision (02384) rose by more than 4%. As of press release, it had risen 4.60% to HK$78.45, with a turnover of HK$5,516,900.

According to the news, on the evening of November 3, Higashiyama Precision issued an announcement stating that the company's controlling shareholder proposed that the total shareholder return for the 2026 fiscal year should not be less than 1 billion yuan, including cash dividends and share repurchase amounts, on the premise that profit distribution conditions are met and the company's continued operation and long-term development are not affected. At the same time, if the company's operating performance continues to grow in the 2027 and 2028 fiscal years, it is recommended that the scale of return be appropriately increased year by year based on total shareholder return for 2026 based on actual business conditions.

In the third quarter of this year, Higashiyama Precision achieved operating income of 17.582 billion yuan, an increase of 73.81% year on year; net profit to mother of 2,332 billion yuan, up 401.18% year on year; net profit after deducting non-return to mother of 2,099 billion yuan, an increase of 406.69% year on year. The high increase in performance is mainly due to the combination of Solus Optoelectronics and GMD, the explosive growth of the optical module business and the steady growth of traditional business.