Yantai Changyu Pioneer Wine Co., Ltd. (hereinafter referred to as the "Company") announces the implementation of the 2025 annual equity distribution plan, which was approved at the 2025 annual shareholders' meeting held on May 22, 2026. The details of the equity distribution are as follows:
1. Approval of the Equity Distribution Plan
- The 2025 annual equity distribution plan has been approved by the Company's 2025 annual shareholders' meeting. The plan is as follows: Given that the balance of the statutory surplus reserve has reached 50% of the registered capital, no further statutory surplus reserve will be allocated during profit distribution. A cash dividend of RMB 2.5 (including tax) will be distributed to all shareholders for every 10 shares based on the total share capital of 657,240,128 shares as of December 31, 2025, totaling RMB 164,310,032. Any undistributed net profit will be carried forward to the next year. If the total number of shares eligible for distribution changes from the announcement until implementation, the total cash dividend will be adjusted accordingly while maintaining the cash dividend ratio.
- The total share capital of the Company has not changed from the disclosure until the implementation period.
- The distribution plan implemented this time is consistent with the cash dividend ratio approved by the shareholders' meeting.
- The time from the approval of the distribution plan to its implementation does not exceed two months. The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the announcement, with no false records, misleading statements, or significant omissions.