Securities Code: 002388 Securities Abbreviation: New Asia Process Announcement No.: 2026-016 New Asia Process (Zhejiang) Co., Ltd. Announcement on the 2025 Profit Distribution Proposal The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. Special Reminder:
- The 2025 profit distribution proposal of New Asia Process (Zhejiang) Co., Ltd. (hereinafter referred to as the "Company") is: no cash dividend, no bonus shares, and no capital reserve to bonus share conversion.
- The Company does not fall under the circumstances specified in Article 9.8.1, item (IX) of the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules") that may lead to other risk warnings for stock trading.
- The Company's 2025 profit distribution proposal has been reviewed and approved by the 32nd meeting of the Sixth Board of Directors. The 32nd meeting of the Sixth Board of Directors was held on April 24, 2026, and approved the "2025 Profit Distribution Proposal". This profit distribution proposal needs to be submitted to the 2025 Annual General Meeting for review. The relevant matters are hereby announced as follows: I. 2025 Profit Distribution Proposal According to the audit report issued by United Trust Qing Accountant Firm (Special General Partnership), the Company's operating revenue in 2025 was RMB 1,930,385,615.48, the net profit attributable to shareholders of the parent company was RMB -22,277,232.44, and the net profit of the parent company was RMB 45,434,142.39. In accordance with the "Guiding Opinions of the China Securities Regulatory Commission on Cash Dividends of Listed Companies No. 3", relevant laws and regulations, normative documents, and the "Company Articles of Association", the 2025 profit distribution proposal is as follows: No cash dividend, no bonus shares, and no capital reserve to bonus share conversion this year. II. Details of the Cash Dividend Plan (I) The Company will not distribute cash dividends in 2025, and does not fall under the circumstances of other risk warnings stipulated in Article 9.8.1, item (IX) of the "Listing Rules".
| Project | 2025 Fiscal Year | 2024 Fiscal Year | 2023 Fiscal Year |
|---|---|---|---|
| Total Cash Dividend (RMB) | 0 | 0 | 0 |
| Total Repurchase and Cancellation (RMB) | 0 | 0 | 0 |
| Net Profit Attributable to Parent Company Shareholders (RMB) | -22,277,232.44 | -236,115,874.82 | -241,378,555.54 |
| Accumulated Undistributed Profit at Year-End (Consolidated Statements) (RMB) | -282,327,025.51 | ||
| Accumulated Undistributed Profit at Year-End (Parent Company Statements) (RMB) | 113,326,863.49 | ||
| Whether the Company Has Been Listed for Three Full Fiscal Years | Yes | ||
| Accumulated Cash Dividends for the Most Recent Three Fiscal Years (RMB) | 0 | ||
| Accumulated Repurchases and Cancellations for the Most Recent Three Fiscal Years (RMB) | 0 | ||
| Average Net Profit for the Most Recent Three Fiscal Years (RMB) | -166,590,554.27 | ||
| Accumulated Total of Cash Dividends and Repurchases/Cancellations for the Most Recent Three Fiscal Years (RMB) | 0 | ||
| Whether it Falls Under the Circumstances of Other Risk Warnings Stipulated in Article 9.8.1, Item (IX) of the "Listing Rules" | No |