I. Review Procedure
He Steel Resources Co., Ltd. convened the 8th meeting of the 11th Board of Directors on April 27, 2026, to review and approve the proposal regarding the profit distribution plan for 2025.
II. Basic Situation of Profit Distribution
(1) The Content of the Profit Distribution Plan
-
The profit distribution plan for 2025 is as follows:
-
The company expects to achieve a net profit of 464,433,118.96 yuan. According to the statutory surplus distribution, 10% of the statutory surplus will be proposed for distribution, amounting to 46,443,311.90 yuan. Additionally, the initial distribution of profits for the year is 500,653,744.31 yuan. The total number of shares for distribution in 2025 is 652,728,961 shares.
-
The total number of shares for distribution is 652,728,961 shares, with a ratio of 10 shares for every 6 yuan in cash, totaling 391,637,376.60 yuan. The remaining profit not distributed is 5,608,317,984.16 yuan.
(2) Proposal Adjustment Principles
The company will adhere to the principle that the total amount of cash dividends shall not be less than 30% of the average net profit over the last three years, and if the total amount exceeds 50 million yuan, it will be subject to relevant regulations.
III. Specific Situation of Cash Dividend Distribution
(1) The Company’s Cash Dividend Distribution Plan for 2025 and Other Risk Warning Forms
| Item | Current Year Total (Yuan) | Previous Year Total (Yuan) | Previous Year Total (Yuan) |
|---|---|---|---|
| Cash Dividend Total | 391,637,376.60 | 326,364,480.50 | 391,637,376.60 |
| Reinvestment Total | 0 | 0 | 0 |
| Shareholders’ Equity | 567,220,443.36 | 566,160,102.02 | 912,467,215.67 |
| Combined Total for Current Year | 5,608,317,984.16 | ||
| Mother Company’s Total for Current Year | 500,653,744.31 | ||
| Is the total complete? | □ Yes □ No |