000988SZSE

Implementation Announcement of 2025 Annual Equity Distribution

Huagong Tech Company Limited··3 pages

✨ AI Summary

This announcement details the implementation of the 2025 annual equity distribution plan for Huagong Technology Co., Ltd. Shareholders will receive a cash dividend of 2.50 RMB per 10 shares, totaling 248,925,676.75 RMB. The record date for the distribution is June 11, 2026, with the payment date set for June 12, 2026. The plan excludes shares held in the company's repurchase account from profit distribution.

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Exchange Summary

DIVIDEND IMPLEMENTATION (CASH ONLY)

2025 final profit distribution plan to be implemented (A shares): 1. Cash dividend/10 shares (tax included): CNY2.50000000 2. Bonus issue from profit (share/10 shares): none 3. Bonus issue from capital reserve (share/10 shares): none Record date: 11 June 2026 Ex-date: 12 June 2026 Payment date: 12 June 2026 10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.25000000(10 percent x CNY2.50000000) Net cash dividend/10 shares after tax: CNY2.25000000(CNY2.50000000- CNY0.25000000)

Provided by Shenzhen Stock Exchange

Full Translation

AI Translation· azure_openai

Huagong Technology Co., Ltd. (hereinafter referred to as "Huagong Technology" or "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.

Special Reminder:

  1. According to the "Company Law of the People's Republic of China" and the "Self-Regulatory Guidelines No. 9 for Listed Companies of the Shenzhen Stock Exchange - Share Repurchase," Huagong Technology holds 9,800,000 shares in a dedicated repurchase account, which will not participate in profit distribution. The 2025 annual equity distribution plan is based on the existing total share capital of 1,005,502,707 shares, excluding the repurchased shares, resulting in a participating share capital of 995,702,707 shares. A cash dividend of 2.50 RMB (including tax) will be distributed for every 10 shares, with no bonus shares issued and no capital increase from reserves.
  2. After the implementation of this equity distribution, the ex-dividend price will be calculated as follows: Cash dividend per share = Total actual cash dividend / Total share capital, which is (2.50 RMB / 10 shares × 995,702,707 shares) / 1,005,502,707 shares = 0.2475634 RMB/share (including tax). The ex-dividend price after this distribution will be the closing price on the record date minus 0.2475634 RMB.

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