Implementation Announcement of 2025 Annual Profit Distribution

✨ AI Summary

Qingdao Weilon Valve Co., Ltd. announced the implementation of its 2025 annual profit distribution plan, approved by the shareholders' meeting on May 20, 2026. The plan involves a cash dividend of 3.50 RMB per 10 shares, totaling 87,808,726.25 RMB. The distribution will be executed on June 5, 2026, with a record date of June 4, 2026. The total cash dividend represents 74.79% of the company's net profit attributable to shareholders.

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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): CNY3.50000000 2. Bonus issue from profit (share/10 shares): none 3. Bonus issue from capital reserve (share/10 shares): none Record date: 04 June 2026 Ex-date: 05 June 2026 Payment date: 05 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: CNY0.35000000(10 percent x CNY3.50000000) Net cash dividend/10 shares after tax: CNY3.15000000(CNY3.50000000- CNY0.35000000)

Provided by Shenzhen Stock Exchange

Full Translation

AI Translation· azure_openai

Qingdao Weilon Valve 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 any false records, misleading statements, or significant omissions.

Important Content Reminder:

The profit distribution plan for the year 2025 was approved by the Company's 2025 Annual Shareholders' Meeting on May 20, 2026. There has been no change in the total share capital of the Company from the disclosure of this distribution plan to its implementation.
The specific content of the profit distribution plan approved by the shareholders' meeting is based on the total share capital of 251,853,845 shares, minus the 971,770 shares held in the Company's repurchase account, resulting in a base of 250,882,075 shares. A cash dividend of 3.50 RMB (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares issued and no capital reserve converted into share capital.
After the implementation of this profit distribution, the ex-dividend and ex-interest price will be calculated as follows: the cash dividend per 10 shares (including tax) = total cash dividend / total share capital * 10 = 87,808,726.25 / 251,853,845 * 10 = 3.486495 RMB (retaining six decimal places, with the last digit truncated directly, not rounded). The reference price for ex-dividend and ex-interest will be the closing price on the trading day before the ex-dividend date minus the cash dividend per share calculated based on the total share capital (including repurchased shares) = closing price on the trading day before the ex-dividend date - 0.3486495 RMB/share.
The profit distribution plan for 2025 is determined based on 250,882,075 shares, and if there are any changes in the share capital due to new shares listing, equity incentive exercises, convertible bonds conversion, or share repurchases before the implementation of the distribution plan, the total cash dividend will be adjusted accordingly while maintaining the distribution ratio.
The implementation of this distribution plan is consistent with the plan approved by the 2025 Annual Shareholders' Meeting.
The time from the approval of the distribution plan to its implementation does not exceed two months.

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