300131SZSE

Special Explanation Regarding the Company's Proposed 2025 Profit Distribution

✨ AI Summary

Shenzhen YingTang Smart Control Co., Ltd. proposes no cash dividends, bonus shares, or capital reserve transfers for 2025. This is due to the parent company's negative retained earnings and significant R&D investment needs for its chip project. The company is exploring other ways to enhance shareholder returns.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300131 Securities Abbreviation: YingTang Smart Control Announcement No.: 2026-016 Shenzhen YingTang Smart Control Co., Ltd. Special Explanation Regarding the Company's Proposed 2025 Profit Distribution The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or material omissions. On April 27, 2026, Shenzhen YingTang Smart Control Co., Ltd. (hereinafter referred to as the "Company") held the fourteenth meeting of the sixth Board of Directors, which reviewed and approved the "Proposal on the Company's 2025 Profit Distribution Plan." The specific details are as follows: I. Company's 2025 Profit Distribution Plan According to the audit confirmation by Zhonghuan Certified Public Accountants (Special General Partnership), the net profit attributable to shareholders of the listed company in 2025 was 26.4143 million yuan, and the net profit of the parent company was -15.6972 million yuan. As of December 31, 2025, the undistributed profit in the consolidated financial statements was 554.7472 million yuan, and the undistributed profit of the parent company was -26.6561 million yuan. To ensure the Company's normal production and operation and future development, in accordance with the "Company Law" and the "Articles of Association," the Company proposes the 2025 profit distribution plan: no cash dividends, no bonus shares, and no capital reserve to increase share capital. The Company did not offset losses in 2025, nor did it draw any statutory common reserve or discretionary common reserve. This proposal is subject to the approval of the Company's 2025 Annual General Meeting of Shareholders. II. Details of Cash Dividends

  1. The Company's 2025 Dividend Plan Does Not Trigger Other Risk Warning Situations | Item | 2025 | 2024 | 2023 | |---|---|---|---| | Total Cash Dividends (RMB) | 0 | 0 | 0 | | Total Repurchased and Cancelled Shares (RMB) | 0 | 17,988,471.84 | 0 | | Net Profit Attributable to Shareholders of Listed Company (RMB) | 26,414,289.50 | 60,274,977.13 | 54,876,213.52 | | R&D Investment (RMB) | 137,934,186.57 | 99,448,446.96 | 38,849,212.59 | | Operating Revenue (RMB) | 5,585,829,073.61 | 5,346,374,019.51 | 4,958,213,756.29 | | Undistributed Profit at Year-End (Consolidated Statements) (RMB) | 554,747,167.34 | 528,332,877.84 | 468,057,900.71 | | Und

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.