To further enhance and improve the operations of Qingdao Forest Rubber Tire Co., Ltd. (hereinafter referred to as "the Company"), the Company has established a shareholder return plan for the years 2026 to 2028 (hereinafter referred to as "the Plan"). The specific content is as follows:
I. Considerations for the Plan
The Company considers long-term sustainable development and comprehensive strategic planning, taking into account current profit distribution patterns, capital requirements, and other factors. It aims to guide investment and ensure the rational allocation of resources, thereby enhancing the Company's profitability and stability.
II. Principles of the Plan
The Company's profit distribution policy should maintain continuity and stability. The formulation of the Plan should comply with the Company's articles of association and the basis for profit distribution, fully considering the rational return on investment and the sustainable development of the Company.
III. Shareholder Return Plan for the Years 2026-2028
(I) Profit Distribution Method
The Company will adopt cash dividends and stock dividends as the main methods of profit distribution, prioritizing cash dividends.
(II) Profit Distribution Ratio
In the years 2026 to 2028, the Company plans to distribute a cash dividend ratio of 15%-30% of the net profit attributable to shareholders of the Company.