Guangdong Vanward New Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- According to the "Company Law of the People's Republic of China" and the "Self-Regulatory Guidelines No. 9 for Listed Companies of the Shenzhen Stock Exchange - Share Repurchase," the Company holds 2,085,259 shares through its dedicated securities account for share repurchase, which do not have the right to participate in profit distribution. Therefore, the 2025 annual equity distribution plan is as follows: based on the existing total share capital of 743,600,000 shares, excluding the repurchased shares of 2,085,259 shares, the base is 741,514,741 shares, and a cash dividend of RMB 2.40 (including tax) will be distributed for every 10 shares to all shareholders, totaling RMB 177,963,537.84 (including tax); there will be no capital reserve fund conversion to increase share capital; no bonus shares will be issued; and the remaining distributable profits will be carried forward to future years.
- Since the 2,085,259 shares held through the dedicated securities account for repurchase do not have the right to participate in profit distribution, after the implementation of this equity distribution, the total share capital of the Company will remain unchanged according to the principle of unchanged stock market value. The proportion of the total cash dividend allocated to each share will decrease. Therefore, after the implementation of this equity distribution, the ex-dividend price will be calculated based on the total share capital of 743,600,000 shares, with each 10 shares receiving a cash dividend of RMB 2.393269 (including tax). The calculation is as follows: cash dividend per 10 shares = total cash dividend ÷ total share capital × 10, i.e., RMB 2.393269 = 177,963,537.84 ÷ 743,600,000 × 10 (the result is retained to six decimal places, with the last digit truncated, not rounded). In summary, under the premise of ensuring that this equity distribution plan remains unchanged, the ex-dividend price after the implementation of the 2025 annual equity distribution will be executed according to the above principles and calculation methods, i.e., the ex-dividend price after the implementation of this equity distribution = closing price on the record date - RMB 0.2393269 per share (the result is retained to seven decimal places, with the last digit truncated, not rounded).
The 2025 annual equity distribution plan has been approved by the shareholders' meeting held on May 21, 2026. The details of the equity distribution are announced as follows: