002648SZSE

Announcement on the Implementation of Dividend Distribution for the Year 2025

SATELLITE CHEMICAL CO.,LTD.··4 pages

✨ AI Summary

This announcement details the dividend distribution plan for Satellite Chemical Co., Ltd. for 2025, which includes a cash dividend of 5.00 RMB per 10 shares. The total expected cash dividend amounts to 1,681,303,250 RMB, based on a total share capital of 3,362,606,500 shares eligible for distribution. The record date for the dividend is June 11, 2026, with the payment date set for June 12, 2026.

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Exchange Summary

DIVIDEND IMPLEMENTATION (CASH ONLY)

2025 final profit distribution plan to be implemented (A shares): 1. Cash dividend/10 shares (tax included): CNY5.00000000 2. Bonus issue from profit (share/10 shares): none 3. Bonus issue from capital reserve (share/10 shares): none Record date: 11 June 2026 Ex-date: 12 June 2026 Payment date: 12 June 2026 10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.50000000(10 percent x CNY5.00000000) Net cash dividend/10 shares after tax: CNY4.50000000(CNY5.00000000- CNY0.50000000)

Provided by Shenzhen Stock Exchange

Full Translation

AI Translation· azure_openai

Satellite Chemical Co., Ltd. (Stock Code: 002648, Stock Abbreviation: Satellite Chemical) Announcement No.: 2026-023

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. The profit distribution plan for the year 2025 is as follows: The company will distribute a cash dividend of 5.00 RMB (including tax) for every 10 shares to all shareholders, based on the total share capital minus the shares held in the company's repurchase special securities account on the equity registration date. This year, the company will not increase capital from the capital reserve or issue bonus shares, and the remaining undistributed profits will be carried forward to future years.
  2. Since the shares held in the repurchase special account do not participate in the dividend distribution, the total actual cash dividend amount = total share capital participating in distribution × distribution ratio, which is 3,362,606,500 shares × 0.5 RMB/share = 1,681,303,250 RMB. After the implementation of this dividend distribution, the ex-dividend price will be calculated based on a cash dividend of 0.4991036 RMB/share (calculated as total cash dividend / total share capital, i.e., 1,681,303,250 RMB ÷ 3,368,645,690 shares = 0.4991036 RMB/share, with results not rounded and retaining seven decimal places). Under the premise of ensuring that this profit distribution plan remains unchanged, the reference price for the ex-rights and ex-dividend after the implementation of the 2025 dividend distribution will be the closing price on the equity registration date minus 0.4991036 RMB/share.

The profit distribution plan for the year 2025 has been approved by the annual general meeting of shareholders held on April 13, 2026. The relevant matters regarding the implementation of the dividend distribution are announced as follows:

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