002321SZSE

Henan Huaying Agriculture Development Co., Ltd. Special Statement on Proposed No Profit Distribution for 2025

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Henan Huaying Agriculture Development Co., Ltd. proposes no profit distribution for 2025 due to negative retained earnings and capital needs for business development. The proposal has been reviewed and approved by the Audit Committee and the Board of Directors. It is deemed reasonable, compliant with regulations, and not detrimental to shareholder interests. The proposal requires shareholder approval.

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Securities Code: 002321 Securities Abbreviation: Huaying Agriculture Announcement No.: 2026-018

Henan Huaying Agriculture Development Co., Ltd. Special Statement on Proposed No Profit Distribution for 2025

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Henan Huaying Agriculture Development Co., Ltd. (hereinafter referred to as the "Company") proposes no profit distribution for 2025: no cash dividends, no bonus shares, and no capital reserve to bonus share conversion.
  2. The Company does not fall under any circumstances that may trigger other risk warnings as stipulated in Article 9.8.1 of the Shenzhen Stock Exchange Stock Listing Rules.

I. Review Procedures for the 2025 Profit Distribution Proposal

  1. Audit Committee Review: On April 16, 2026, the second meeting of the Eighth Audit Committee of the Board of Directors in 2026 reviewed and approved the "Proposal on the 2025 Profit Distribution Plan" with 5 votes in favor, 0 against, and 0 abstentions. The Audit Committee believes that the profit distribution proposal aligns with the Company's actual situation, complies with relevant regulations such as the "Guiding Opinions on Cash Dividends of Listed Companies No. 3" and the "Shenzhen Stock Exchange Stock Listing Rules," and is consistent with the cash dividend policy stipulated in the "Articles of Association." The proposal does not harm the interests of small and medium shareholders and is conducive to the Company's long-term development. Therefore, it was unanimously agreed to submit this proposal to the Board of Directors for review.

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