Yangzijiang Shipbuilding (Holdings)

[CityFarmer]

They have huge amount of cash in form of Finance Investment. Why don't they return back to shareholders and let shareholders to make decision where to invest their portion of cash. Surely management will give reason of having strong finance condition of company is important to get confidence of customers to give orders to the company. However what is confidence that company has about impairment outlook of their Finance Investment?

The cash research isn't idling cash, but an asset that generating ROA of more than 10%. Will that change your opinion on returning the cash to shareholders?

I am supporting the strategy of returning 30% as dividend, and keep the rest for reinvestment.

(vested)