002372SZSE

Announcement on the Progress of the "Quality and Return Improvement" Action Plan

✨ AI Summary

Zhejiang Weixing New Material Co., Ltd. reports on its "Quality and Return Improvement" action plan. The company focuses on core business, innovation, and governance, aiming for high-quality development and investor returns. Despite not meeting all 2025 targets due to external factors, overall performance is positive, with stable profitability and healthy cash flow. The company plans significant cash dividends, demonstrating commitment to shareholder value.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 002372 Securities Abbreviation: Weixing New Material Announcement No.: 2026-009

Zhejiang Weixing New Material Co., Ltd. Announcement on the Progress of the "Quality and Return Improvement" Action Plan

Zhejiang Weixing New Material Co., Ltd. (hereinafter referred to as the "Company") and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

In order to implement the guiding principles of the Central Political Bureau meeting to "activate the capital market and boost investor confidence" and the State Council executive meeting to "vigorously enhance the quality and investment value of listed companies and take more forceful and effective measures to stabilize the market and confidence," the Company formulated the "Quality and Return Improvement" Action Plan in 2024, taking into account its own development strategy, operating conditions, and financial situation. The specific measures include: deeply cultivating the main business, leading with innovation, deepening transformation, and actively promoting the Company's sustained high-quality development; improving corporate governance and continuously enhancing standardized operation levels; transparent information disclosure, facilitating diversified communication channels, and establishing good investor relations; actively and proactively returning value to investors, and jointly promoting the healthy development of the capital market. For detailed content, please refer to the relevant announcements published by the Company on August 30, 2024, in the Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and cninfo.com.cn. In accordance with the Shenzhen Stock Exchange's "Initiative on Deeply Carrying Out the Special Action for 'Quality and Return Improvement' for Shenzhen-listed Companies," the progress of the Company's action plan for 2025 is hereby reported as follows:

One, Focus on the Main Business, Consolidate the Foundation for Development

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.