Securities Code: 002304 Securities Abbreviation: Yanghe Shares Announcement No.: 2026-015 Jiangsu Yanghe Brewery Joint Stock Company Announcement on the 2025 Profit Distribution Plan
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.
Special Reminder: Jiangsu Yanghe Brewery Joint Stock Company (hereinafter referred to as the "Company") discloses its 2025 profit distribution plan, which does not trigger any circumstances that may be subject to other risk warnings as stipulated in Article 9.8.1 of the Shenzhen Stock Exchange Stock Listing Rules.
I. Deliberation Procedures for the 2025 Profit Distribution Plan
The Company held the 19th meeting of the 8th Board of Directors on April 24, 2026, which reviewed and approved the "Proposal on the 2025 Profit Distribution Plan." This proposal has been reviewed and approved by the Independent Directors' Special Committee and is subject to review and approval by the Company's Shareholders' Meeting. The Shareholders' Meeting will adopt a voting method combining on-site meetings and online voting, to facilitate the participation of small and medium shareholders in the company's cash dividend decision-making.
II. Basic Situation of the 2025 Profit Distribution Plan
(I) Basic Content of the Profit Distribution Plan
- This profit distribution plan is for the 2025 annual profit distribution.
- According to the audit by Zhongxi Certified Public Accountants (Special General Partnership), the Company's net profit attributable to the parent company in 2025 was RMB 4,159,953,786.74. No statutory surplus reserve was withdrawn this year. Adding the undistributed profit at the beginning of the year of RMB 31,867,283,870.96, and after deducting the 2024 profit distribution of RMB 7,000,450,249.30, the undistributed profit attributable to the parent company available for distribution to shareholders at the end of this year is RMB 29,026,787,408.40.
- In line with the principle of ensuring the company's long-term development while actively rewarding shareholders, the Company's 2025 profit distribution plan is as follows: The Company proposes to distribute a cash dividend of RMB 14.70 (tax inclusive) per 10 shares to all shareholders based on the current total share capital of 1,506,445,074 shares. The total cash dividend to be distributed is RMB 2,214,474,258.78 (tax inclusive). No bonus shares will be issued, and no capital reserve will be converted into share capital. If this profit distribution plan is approved by the Shareholders' Meeting, the cash dividend for 2025 will account for 100.38% of the net profit attributable to shareholders of the listed company in the consolidated financial statements for this year.