Ningbo Fubang announced that it has received a dividend of 11 million yuan from its controlling subsidiary, Ningbo Electrical Alloy Materials. As of the end of 2025, Electrical Alloy had distributable profits of 152 million yuan. The shareholders' meeting resolved to distribute 20 million yuan in profits, and with the company's 55 percent stake, it received a dividend of 11 million yuan. This dividend will increase the parent company's net profit for 2026, but will not affect the consolidated net profit.
Ningbo FubangReceives 11 million yuan dividend from subsidiary, increasing parent company net profit.