en.Wedoany.com Reported - Jiangsu Changbao Steel Tube Co., Ltd. (Changbao Co., Ltd., 002478.SZ) released its 2025 annual equity distribution implementation announcement on June 16, 2026. Based on the total existing share capital of 900,804,228 shares, excluding 6,754,800 shares in the repurchase special securities account, the company will distribute a cash dividend of 2.0 yuan (including tax) for every 10 shares to all shareholders, with an estimated total cash dividend of approximately 179 million yuan. The record date for this dividend distribution is June 25, 2026, and the ex-dividend and ex-rights date is June 26, 2026.
Founded in 1958 and listed on the Shenzhen Stock Exchange in 2010, Changbao Co., Ltd. is a company specializing in the research, development, manufacturing, and service of special-purpose pipes. Headquartered in Changzhou City, Jiangsu Province, the company currently operates three production bases in Changzhou, Jintan, and Oman, with an annual production capacity of 1 million tons of special-purpose pipes. Its main products include pipes for oil and gas extraction, power station boilers, automotive applications, and engineering machinery, widely used in sectors such as oil and gas extraction, thermal power generation, engineering machinery, petrochemical equipment, and Automotive Industry" target="_blank">new energy vehicles. Changbao Co., Ltd. is recognized as a national-level manufacturing single champion and a national-level specialized and new "Little Giant" enterprise.
According to the company's 2025 annual report, it achieved total operating revenue of 5.893 billion yuan, a year-on-year increase of 3.45%, and net profit attributable to shareholders of the listed company of 482 million yuan. The company's special-purpose pipe products maintain leading market shares in segments such as tubing, small-caliber alloy high-pressure boiler pipes, HRSG ultra-long pipes, and U-shaped pipes for petrochemical heat exchangers. In 2025, the company's seamless steel pipe sales reached 749,000 tons, a year-on-year increase of 5.97%.
This annual dividend distribution reflects Changbao Co., Ltd.'s commitment to providing continuous returns to shareholders while maintaining stable operations. The company stated that it will continue to adhere to its development strategy of "specialization and excellence, uniqueness and strength," advancing the high-end upgrade of its product structure.
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