Securities Code: 000932 Stock Abbreviation: Valin Steel Announcement Number: 2026-33 Hunan Valin Steel Co., Ltd. Announcement on the Implementation of Equity Distribution
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of this announcement, and that there are no false records, misleading statements, or major omissions.
I. Situation Regarding the Approval of the Profit Distribution Plan by the Shareholders' Meeting
The 2025 annual equity distribution plan of Hunan Valin Steel Co., Ltd. (hereinafter referred to as the "Company" or "this Company") was approved by the 2025 Annual Shareholders' Meeting held on June 15, 2026. The announcement of the shareholders' meeting resolution was published on June 16, 2026, on the Juchao Information Network (www.cninfo.com.cn).
- The 2025 annual equity distribution plan approved by the shareholders' meeting is as follows: Based on the Company's existing total share capital of 6,852,609,160 shares, a cash dividend of RMB 1.60 per 10 shares will be distributed to all shareholders. This is calculated to distribute a total cash dividend of RMB 1,096,417,465.60. No bonus shares will be issued, and no capital reserve will be transferred to share capital. Before the implementation of the Company's profit distribution plan, if the Company's total share capital changes due to reasons such as convertible bonds being converted into shares, share repurchases, exercise of equity incentives, or listing of new shares from refinancing, the Company intends to maintain the principle of unchanged cash dividend per share and adjust the total cash dividend accordingly.