002310SZSE

Announcement on Proposed Non-Distribution of Profits for 2025

✨ AI Summary

Beijing Oriental Eco-Energy Co., Ltd. announces its 2025 profit distribution plan, proposing no cash dividends, bonus shares, or capital reserve transfers. This decision stems from a negative retained earnings balance of -9,075,141,823.90 RMB for the parent company, rendering it ineligible for profit distribution. The plan requires shareholder approval.

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Beijing Oriental Eco-Energy Co., Ltd. Announcement on Proposed Non-Distribution of Profits for 2025

The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Important Reminders:

  1. The proposed profit distribution plan for 2025 is: no cash dividend, no bonus shares, and no capital reserve transfer to share capital.
  2. This profit distribution plan has been reviewed and approved by the 16th meeting of the 9th Board of Directors and is subject to approval by the Company's Annual General Meeting of Shareholders.
  3. The Company does not fall under the circumstances that may lead to other risk warnings as stipulated in Article 9.8.1 (IX) of the Shenzhen Stock Exchange Stock Listing Rules.

I. Deliberation Procedures Beijing Oriental Eco-Energy Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the 16th meeting of its 9th Board of Directors on April 29, 2026, which reviewed and approved the "2025 Profit Distribution Plan." Due to the negative balance of distributable profits for the parent company, it is proposed not to distribute profits for 2025. This proposal is subject to approval by the Company's Annual General Meeting of Shareholders.

II. Basic Information of the Profit Distribution Plan According to the audit by Zhongxinghua Certified Public Accountants, the net profit attributable to ordinary shareholders of the parent company for 2025 was -75,872,416.82 RMB. Among this, the net profit of the parent company was -58,868,550.15 RMB. In accordance with the relevant provisions of the "Company Law" and the "Articles of Association," the parent company's loss does not allow for the appropriation of common reserves. The undistributed profit at the beginning of the year for the parent company was -9,016,273,273.75 RMB. As of the end of the reporting period, the profit available for distribution to shareholders by the parent company was -9,075,141,823.90 RMB, which does not meet the conditions for profit distribution stipulated by the "Company Law" and the "Articles of Association."

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