002238SZSE

Tianwei Vision Announces No Profit Distribution for 2025

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Shenzhen Tianwei Vision Co., Ltd. announces its 2025 profit distribution plan, proposing no cash dividends, bonus shares, or capital reserve transfers. This decision is due to the company's reported net loss for 2025 and aims to support sustainable development. The plan has been approved by the board and will be submitted to the shareholders' meeting.

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Full Translation

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Securities Code: 002238 Securities Abbreviation: Tianwei Vision Announcement No.: 2026-012

Shenzhen Tianwei Vision Co., Ltd. Announcement on Proposed No Profit Distribution for 2025

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Special Notice:

  1. Shenzhen Tianwei Vision Co., Ltd. (hereinafter referred to as the "Company") proposes not to distribute cash dividends, issue bonus shares, or transfer capital reserves in 2025. This profit distribution proposal is in line with the Company's actual situation, considers the Company's future business development needs, and is legal, compliant, and reasonable.
  2. This profit distribution proposal has been reviewed and approved by the Fourteenth Meeting of the Ninth Board of Directors and needs to be submitted to the Company's 2025 Shareholders' Meeting for review.
  3. The Company's 2025 profit distribution proposal does not fall under the circumstances that may lead to other risk warnings stipulated in Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules").

I. Deliberation Procedures

(I) Opinion of the Independent Directors' Special Meeting The Company held the Second Meeting of the Independent Directors' Special Committee on April 10, 2026. With 4 votes in favor, 0 votes against, and 0 abstentions, the meeting deliberated and approved the "Proposal on the Company's 2025 Profit Distribution Plan." The Independent Directors' Special Meeting opined that the Company's proposed plan for no profit distribution in 2025 is based on the Company's actual situation, complies with relevant laws, regulations, and the Company's Articles of Association, does not harm the interests of investors, and is agreed to be submitted to the Fourteenth Meeting of the Ninth Board of Directors for deliberation.

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