Village in Wudang district distributes dividends to villagers

Villagers sign to collect their dividends. [Photo/WeChat account of Wudang district]

Wangba village in Xinchang town, Wudang district, Guiyang, hosted its 2024 collective company dividend distribution conference and Spring Festival gathering on Jan 20, with representatives from all 600 households coming together to share in the joy of a fruitful year.

The conference reviewed Wangba village's achievements in 2024, including collective economic growth, livelihood services, and grassroots social governance.

In 2024, the village's collective company achieved a net profit of over 451,000 yuan ($61,922.30). In line with the company's regulations, 48.75 percent of the dividend funds were allocated, with over 77,000 yuan distributed among 44 shareholders.

Additionally, the village provided financial assistance to 35 elderly residents over 80 years old and distributed Spring Festival goods to all 600 households, including cooking oil, soy sauce, noodles, and rice.

The annual dividend distribution conference not only allows villagers to fully experience the benefits of the growing collective economy, but also incentivizes them to actively engage in its development.

Looking ahead, Xinchang town will refine the development model of village collectives, enhance the operational mechanisms of the collective economy, and diversify industrial development channels. These efforts aim to guide more villagers toward prosperity and inject sustainable momentum into rural vitalization.