Securities Code: 002425 Securities Abbreviation: Kaiser Culture Announcement No.: 2026-012
Kaiser (China) Culture Co., Ltd. Announcement on the Proposed Non-Distribution of Profits for 2025
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
I. Deliberation Procedures
(I) Board of Directors' Review and Voting on the Proposal
On April 23, 2026, Kaiser (China) Culture Co., Ltd. (hereinafter referred to as the "Company") held the 22nd meeting of the 8th Board of Directors, which deliberated and approved the "Proposal on the Proposed Non-Distribution of Profits for 2025" with 9 votes in favor, 0 votes against, and 0 abstentions. The Company plans not to distribute profits for 2025.
(II) This Proposal Needs to be Voted on by the Company's 2025 Shareholders' Meeting for Approval.
II. Basic Information of the Profit Distribution Proposal
According to the results of the financial audit for 2025 by Zhidao Certified Public Accountants, the Company's consolidated net profit attributable to shareholders of the listed company in 2025 was -557,863,946.95 yuan. Adding the accumulated undistributed profits from previous years of -902,963,632.45 yuan, the undistributed profits available for distribution to shareholders in 2025 were -1,460,827,579.40 yuan.
Considering the Company's future development needs and its operating conditions, the Board of Directors has decided that the profit distribution proposal for 2025 is: no cash dividends will be distributed, no bonus shares will be issued, and no capital reserves will be converted into share capital.