Huangshi Group Co., Ltd. Shareholder Return Plan for the Next Three Years (2026-2028)
To improve and perfect Huangshi Group Co., Ltd.'s (hereinafter referred to as the "Company") sustainable shareholder return mechanism, the Company, in accordance with relevant laws and regulations such as the "Company Law," "Securities Law," and "Regulatory Guidelines for Listed Companies No. 3 - Cash Dividends for Listed Companies," as well as normative documents and the "Articles of Association," and in combination with the Company's actual situation, has formulated the "Shareholder Return Plan for the Next Three Years (2026-2028)" (hereinafter referred to as the "Plan"). The specific content is as follows:
I. Key Considerations for the Company in Formulating This Plan
This Plan is an arrangement made on the basis of comprehensively analyzing the Company's profitability, business development plan, shareholder returns, social capital cost, and external financing environment, fully considering the Company's current and future profit scale, cash flow status, development stage, project investment capital needs, bank credit, and other factors, balancing reasonable investor returns with the Company's long-term development.
II. Basic Principles for Formulating This Shareholder Return Plan
(I) The formulation of this Plan shall comply with relevant laws and regulations and the provisions of the "Articles of Association." (II) The Company's profit distribution policy shall maintain continuity and stability, attach importance to reasonable investor returns, and balance the overall interests of all shareholders with the Company's sustainable development. (III) The Company's decision-making and deliberation on profit distribution policies shall fully consider the opinions of public investors, especially small and medium shareholders. (IV) The Company shall distribute dividends to shareholders in proportion to the distributable profit in the parent company's financial statements. At the same time, to avoid over-distribution, the Company shall determine the specific profit distribution ratio based on the lower of the distributable profit in the consolidated financial statements and the parent company's financial statements. (V) The Company prioritizes cash dividends as a method of profit distribution.