001239SZSE

Future Three-Year Shareholder Return Plan of Xiangtan Yongda Machinery Manufacturing Co., Ltd. (2026-2028)

Yongda Co., Ltd.·

✨ AI Summary

Xiangtan Yongda Machinery Manufacturing Co., Ltd. has announced its Shareholder Return Plan for 2026-2028, aiming to enhance shareholder returns through a stable profit distribution policy. The plan prioritizes cash dividends, with at least 30% of average annual distributable profits allocated for cash distribution, depending on the company's financial conditions. The Board of Directors will propose annual profit distribution plans, which require shareholder approval, ensuring continuous engagement with minority shareholders.

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Xiangtan Yongda Machinery Manufacturing Co., Ltd.
Shareholder Return Plan for the Next Three Years (2026-2028)

In order to further strengthen the awareness of returning to shareholders, improve the profit distribution system of Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company"), and provide shareholders with continuous, stable, and reasonable investment returns, the Company has formulated the shareholder dividend return plan for the next three years (hereinafter referred to as "this Plan") based on relevant documents such as the "Guidelines for the Regulation of Listed Companies No. 3 - Cash Dividends of Listed Companies" issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") and the "Articles of Association of Xiangtan Yongda Machinery Manufacturing Co., Ltd." (hereinafter referred to as "the Articles of Association"), taking into account the Company's profitability, operational development plan, shareholder returns, and other factors. The specific content is as follows:

I. Factors Considered in Formulating this Plan
In formulating this Plan, the Company fully considers the industry and its development stage, actual situation, development goals, future profitability scale and level, cash flow status, project investment funding needs, external financing environment, and other circumstances. In accordance with the "Company Law," "Securities Law," and relevant regulations of the CSRC and Shenzhen Stock Exchange, the Company establishes a scientific, continuous, and stable return plan and mechanism for investors to ensure the continuity and stability of the dividend distribution policy, effectively balancing reasonable investment returns for investors and the Company's sustainable development.

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