Stock Code: 003035 Stock Abbreviation: Nanwang Energy Announcement No.: 2026-010
Southern Power Grid Digital Power Co., Ltd. Announcement on the 2025 Profit Distribution Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Deliberation Procedures
Southern Power Grid Digital Power Co., Ltd. (hereinafter referred to as the "Company") has formulated the 2025 profit distribution plan based on the Company's current financial situation, production and operation status, and development stage, ensuring the Company's normal operations and sustainable development. The first meeting of the Audit and Risk Committee of the Third Board of Directors and the first Independent Director Special Meeting in 2026 deliberated and approved the "Proposal on the 2025 Profit Distribution Plan of Southern Power Grid Digital Power Co., Ltd." (hereinafter referred to as the "Proposal") on March 24, 2026.
The third meeting of the Board of Directors in 2026 was held on March 26, 2026, and the Proposal was unanimously approved. This Proposal needs to be submitted to the Company's 2025 Annual General Meeting for consideration.
II. Specific Content of the Profit Distribution Plan
Audited by Lixin Certified Public Accountants (Special General Partnership), the Company achieved a net profit attributable to parent company owners of RMB 34,648.94 million in 2025, of which the net profit attributable to the parent company in 2025 was RMB 15,241.29 million. As of December 31, 2025, the undistributed profit in the consolidated financial statements was RMB 188,354.30 million, and the undistributed profit at the parent company's year-end was RMB 135,658.06 million. According to the principle of the lower of distributable profit in the consolidated financial statements and the parent company's financial statements, the profit available for distribution in this instance is RMB 135,658.06 million. As of now, the Company's total share capital is 3,787,878,787 shares.
The Company proposes the 2025 profit distribution plan as follows: Based on 3,787,878,787 shares, a cash dividend of RMB 0.21 (tax inclusive) per 10 shares will be distributed to all shareholders, with a total cash dividend of RMB 7,954.55 million. No bonus shares will be issued, and no capital reserve will be used for capital increase.
Additionally, on November 18, 2025, the Company held its third extraordinary general meeting for 2025, which deliberated and approved the "Proposal on the 2025 Interim Profit Distribution Plan of Southern Power Grid Digital Power Co., Ltd."