Securities Code: 002372 Securities Abbreviation: Weixing New Material Announcement No.: 2026-020 Zhejiang Weixing New Material Co., Ltd. 2025 Dividend Distribution Implementation Announcement Zhejiang Weixing New Material Co., Ltd. (hereinafter referred to as "the Company" or "we") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Notes:
- According to the "Company Law of the People's Republic of China," the 20,170,000 shares held in the company's dedicated securities account for repurchase do not have the right to participate in this equity distribution. The equity distribution plan is as follows: based on the existing total share capital excluding the repurchased shares of 20,170,000 shares, which is 1,571,867,988 shares, a cash dividend of RMB 3.50 per 10 shares will be distributed to all shareholders (tax inclusive).
- In accordance with the principle of unchanged stock market value, the company's total share capital remains unchanged before and after the implementation of the equity distribution. The proportion of the total cash dividend allocated to each share will decrease. Therefore, when calculating the ex-dividend price, the cash dividend per share should be calculated as RMB 0.3455657 per share (cash dividend per share = total cash dividend / total share capital, i.e., RMB 0.3455657 per share = RMB 550,153,795.80 ÷ 1,592,037,988 shares, with the result truncated to seven decimal places, not rounded). The ex-rights and ex-dividend price after the implementation of this equity distribution will be the closing price on the equity registration date minus RMB 0.3455657 per share.
The company's 2025 dividend distribution plan was reviewed and approved at the 2025 Shareholders' Meeting held on April 24, 2026. The matters concerning dividend distribution are hereby announced as follows: