Securities Code: 000988 Securities Abbreviation: Huagong Technology Announcement Number: 2026-12 Huagong Technology Industrial Co., Ltd. 2025 Profit Distribution Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
I. Deliberation Procedures Huagong Technology Industrial Co., Ltd. (hereinafter referred to as "Huagong Technology" or "the Company") held the 22nd meeting of the 9th Board of Directors on March 24, 2026, and deliberated and passed the "2025 Profit Distribution Plan." This proposal needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for deliberation.
II. Basic Situation of the Profit Distribution Plan Audited by Daixin Certified Public Accountants (Special General Partnership), the Company's net profit attributable to shareholders of the parent company in 2025 was RMB 1,470,794,704.16. The net profit of the parent company was RMB 545,912,890.92. The statutory surplus reserve withdrawn in the year was RMB 54,591,289.09. Adding the undistributed profit from the previous year of RMB 453,721,746.74, and deducting the profit distribution of RMB 201,100,482.60 to shareholders implemented in 2024, the profit actually available for distribution to shareholders in 2025 was RMB 743,942,865.97.
The Company's 2025 profit distribution plan is as follows: It is proposed to use the total share capital at the end of 2025 of 1,005,502,707 shares, excluding the 9,800,000 shares repurchased in the dedicated securities account for repurchases, as the base, which is 995,702,707 shares. A cash dividend of RMB 2.50 (tax inclusive) will be distributed per 10 shares to all shareholders. No bonus shares will be issued, and no capital reserve will be transferred to increase share capital. The total cash dividend distributed will be RMB 248,925,676.75, and the remaining undistributed profit of RMB 495,017,189.22 will be carried forward to the next year.
Total cumulative cash dividend of the Company in 2025: This profit distribution plan needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for deliberation. If approved by the Shareholders' Meeting, the cumulative cash dividend of the Company in 2025 will be RMB 248,925,676.75. In 2025, the Company has cumulatively repurchased 9,800,000 shares through the dedicated securities account for repurchases via centralized bidding, with a total amount used for repurchases of RMB 394,974,014.22 (excluding transaction costs). Therefore, the total cumulative cash dividend and share buyback amount of the Company in 2025 is RMB 643,899,690.97, accounting for 43.78% of the net profit attributable to shareholders of the Company for the year.
If the total share capital changes due to equity incentives, convertible bond conversions, or share buybacks from the disclosure of this plan until its implementation, the Company will adjust accordingly based on the principle of "maintaining the total cash dividend unchanged."
III. Details of the Cash Dividend Plan (I) The Company's 2025 Dividend Plan Does Not Involve Other Risk Warnings