Securities Code: 002297 Securities Abbreviation: Boyun New Materials Serial Number: 2026-016 Hunan Boyun New Materials Co., Ltd. Announcement on Proposed Non-Distribution of Profits for 2025 The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Deliberation Procedures
Hunan Boyun New Materials Co., Ltd. (hereinafter referred to as the "Company") held the twenty-fifth meeting of the Seventh Board of Directors on April 8, 2026. The meeting deliberated and passed the "Proposal on the 2025 Profit Distribution Plan of Hunan Boyun New Materials Co., Ltd.". This proposal needs to be submitted to the Company's shareholders' meeting for deliberation.
II. Basic Situation of Profit Distribution and Capital Reserve Transfer Plan
According to the audit by Lixin Certified Public Accountants (Special General Partnership), the Company's consolidated net profit attributable to shareholders of the listed company in 2025 was 6,185.36 million yuan. Including the undistributed profit carried forward from 2024 of -22,481.80 million yuan, as of December 31, 2025, the profit available for investor distribution was -16,296.44 million yuan. The Company proposes the 2025 profit distribution plan as follows: no cash dividends, no bonus shares, and no capital reserve transfer.
III. Specifics of the 2025 Cash Dividend Plan
(I) The Company will not distribute cash dividends in 2025, and does not trigger other risk warning situations.