Securities Code: 000993 Securities Abbreviation: Mindong Electric Power Announcement No.: 2026-10 Fujian Mindong Electric Power Group Co., Ltd. Announcement on the 2025 Profit Distribution Proposal The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or major omissions.
I. Deliberation Procedures Fujian Mindong Electric Power Group Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the ninth Board of Directors on March 27, 2026, and deliberated and passed the "Proposal on the 2025 Profit Distribution and Capital Reserve Transfer to Share Capital". The Company's Board of Directors' Audit Committee and the Independent Directors' Special Committee deliberated and passed the aforementioned proposal. This proposal needs to be submitted to the Company's shareholders' meeting for deliberation.
II. Basic Situation of the Profit Distribution and Capital Reserve Transfer to Share Capital Plan Audited by Rongcheng Certified Public Accountants (Special General Partnership), the Company's net profit attributable to the parent company in 2025 was RMB 58,876,737.91, and the net profit attributable to the parent company was RMB -23,994,640.20. As of December 31, 2025, the undistributed profits in the consolidated financial statements were RMB 430,979,773.78, and the undistributed profits in the parent company's financial statements were RMB 91,863,669.93. Considering the Company's current operating conditions, actual capital needs, long-term development plans, future investment plans, and the reasonable returns for all shareholders, the Company will distribute cash dividends of 90% of the distributable profits attributable to the parent company, which is RMB 91,863,669.93. This profit distribution is based on the total share capital as of December 31, 2025. A cash dividend of RMB 1.80 (tax inclusive) will be distributed per 10 shares to all shareholders, totaling RMB 82,431,261.90 in cash dividends. The remaining undistributed profits of RMB 9,432,408.03 will be carried forward to subsequent years. In 2025, there will be no capital reserve transfer to share capital or appropriation of common reserve.