002395SZSE

Three-Year (2026-2028) Shareholder Return Plan

Shuangxiang Co., Ltd.·

✨ AI Summary

This plan establishes Wuxi Shuangxiang Advanced Materials Co., Ltd.'s shareholder return mechanism for 2026-2028. It prioritizes cash dividends, aiming for at least 10% of distributable profits annually, with a cumulative 30% over three years. The plan outlines conditions for cash and stock dividends, emphasizing transparency and investor rights while balancing development needs.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Wuxi Shuangxiang Advanced Materials Co., Ltd. Three-Year (2026-2028) Shareholder Return Plan

To establish and improve Wuxi Shuangxiang Advanced Materials Co., Ltd.'s (hereinafter referred to as the "Company") shareholder return mechanism, enhance the transparency of profit distribution, effectively protect the legitimate rights and interests of investors, and actively reward investors, in accordance with the "Supervision Guidelines for Listed Companies No. 3 - Cash Dividends of Listed Companies (2025 Revision)" issued by the China Securities Regulatory Commission, relevant laws, regulations, normative documents, and the Company's Articles of Association, and in conjunction with the Company's actual situation, this Three-Year (2026-2028) Shareholder Return Plan (hereinafter referred to as the "Plan") is hereby formulated. The specific contents are as follows:

I. Considerations for Formulating the Shareholder Return Plan

The Company formulates this Plan based on the characteristics and development trends of the industry in which the Company is located, focusing on the Company's long-term sustainable development. Based on a comprehensive analysis of the Company's actual operating conditions, shareholder requirements and wishes, social capital costs, and the external financing environment, it fully considers the Company's strategic development plan and its current and future development stages, profitability and scale, cash flow status, operating capital needs, and the banking credit and financing environment. This aims to establish a continuous, stable, and scientific return plan and mechanism for investors, ensure the continuity and stability of the profit distribution policy, balance investors' short-term interests and long-term returns, and effectively balance investors' reasonable returns with the Company's sustainable development.

Sign in to read the full translation

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

Notes & Comments

Sign in to leave a comment or private note.

Loading…