Stock Code: 000651 Stock Abbreviation: Gree Electric Appliances Announcement Number: 2026-020
Gree Electric Appliances, Inc. of Zhuhai Resolution Announcement of the Fifth Meeting of the Thirteenth Board of Directors
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
Gree Electric Appliances, Inc. of Zhuhai (hereinafter referred to as the "Company") issued a notice for the fifth meeting of the thirteenth Board of Directors via electronic communication on April 18, 2026. The meeting was held in the Company's conference room on April 28, 2026, with on-site voting. The meeting was presided over by Ms. Dong Mingzhu, Chairman of the Board. Ten directors were eligible to attend, and ten directors actually attended. The Company's Secretary of the Board was present at the meeting. The convening and holding of the meeting comply with the provisions of the "Company Law of the People's Republic of China" and the "Articles of Association of Gree Electric Appliances, Inc. of Zhuhai."
II. Deliberation of Board Meeting Matters
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Approved by 10 votes in favor, 0 votes against, and 0 abstentions, the "2025 Annual Report and its Summary." The Company's "2025 Annual Report" and summary were disclosed on the same day on the CNINFO website, and the "2025 Annual Report Summary" (Announcement No.: 2026-006) was disclosed on the same day on the Company's designated information disclosure media. This proposal has been reviewed and approved by the Company's Board of Directors' Audit Committee and is subject to shareholder approval.
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Approved by 10 votes in favor, 0 votes against, and 0 abstentions, the "2025 Annual Report of the Board of Directors." For details, please refer to the "2025 Annual Report of the Board of Directors" disclosed on the CNINFO website on the same day. This proposal is subject to shareholder approval.
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Approved by 10 votes in favor, 0 votes against, and 0 abstentions, the "2025 President's Work Report." For details, please refer to the "Management Discussion and Analysis" in the "2025 Annual Report" disclosed on the CNINFO website (http://www.cninfo.com.cn/) on the same day.
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Approved by 10 votes in favor, 0 votes against, and 0 abstentions, the "2025 Financial Report."
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Approved by 10 votes in favor, 0 votes against, and 0 abstentions, the "2025 Profit Distribution Plan." The Company's cumulative cash dividend of RMB 3 per 10 shares (tax inclusive) for 2025 amounts to a total cash dividend of RMB 16,755,416,223.00, accounting for 57.77% of the net profit attributable to shareholders of the listed company in 2025. Among them, the 2025 interim profit distribution plan was to distribute a cash dividend of RMB 10 per 10 shares, totaling RMB 5,585,138,741 (tax inclusive), which has been implemented. The 2025 annual profit distribution plan is to distribute a cash dividend of RMB 20 per 10 shares, with a proposed cash dividend of RMB 11,170,277,482.00. For details, please refer to the "Announcement on the 2025 Profit Distribution Plan" (2026-007) disclosed on the CNINFO website and the Company's designated information disclosure media on the same day. This proposal is subject to shareholder approval.