Securities Code: 001360 Securities Abbreviation: Nanchang Mining Group Announcement Number: 2026-012
Nanchang Mining Machinery Group Co., Ltd. Announcement on the 2025 Profit Distribution Plan
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Deliberation Procedures Nanchang Mining Machinery Group Co., Ltd. (hereinafter referred to as the "Company") held the twelfth meeting of the second Board of Directors on April 22, 2026. The "Proposal on the 2025 Profit Distribution Plan" was unanimously approved. This proposal still needs to be submitted to the Company's 2025 Shareholders' Meeting for deliberation.
II. Basic情况 of the Profit Distribution and Capital Reserve Increase Plan
- Distribution Basis: 2025
- According to the audit by Xinyi Certified Public Accountants (Special General Partnership), the Company's consolidated financial statements for 2025 reported a net profit attributable to the parent company's shareholders of RMB 49,971,508.97. After deducting the statutory surplus reserve of RMB 7,657,640.96, the dividend distribution is RMB 30,257,400.00. As of December 31, 2025, the distributable profit was RMB 261,883,532.89. The parent company's financial statements for 2025 reported a net profit of RMB 76,576,409.56. After deducting the statutory surplus reserve of RMB 7,657,640.96, as of December 31, 2025, the parent company's distributable profit was RMB 278,977,150.77. Based on the principle of the lower of the parent company's statements and consolidated statements, the profit distributable to shareholders is RMB 261,883,532.89.
- Considering the Company's development stage and capital needs, and comprehensively evaluating reasonable returns to shareholders while ensuring the Company's sustainable development, the Company's 2025 profit distribution plan is as follows: Based on the Company's total share capital of 204,000,000 shares as of December 31, 2025, minus the 2,284,000 shares in the treasury stock account, totaling 201,716,000 shares, a cash dividend of RMB 2.00 (tax inclusive) per 10 shares will be distributed to all shareholders. The estimated cash dividend is RMB 40,343,200.00 (tax inclusive). The remaining undistributed profit will be carried forward to subsequent years. No capital reserve increase or bonus share issue will be made this time. The specific total profit distribution amount will be subject to the Company's dividend distribution implementation announcement.
- Total cash dividends for 2025: No distribution was made in the first half of 2025. If this proposal is approved by the Shareholders' Meeting, the total cash dividends for 2025 will be RMB 40,343,200.00. The Company did not conduct share buybacks in 2025. Therefore, the total amount of cash dividends and share buybacks for 2025 is RMB 40,343,200.00, accounting for 80.73% of the net profit attributable to the Company's shareholders for the year.
- If the total number of shares entitled to profit distribution changes before the implementation of this profit distribution plan due to share buybacks, new share issuances from refinancing, etc., the distribution ratio will be adjusted according to the principle of unchanged distribution ratio.