I. Review Procedure
Weihai Guangwei Composite Materials Co., Ltd. (hereinafter referred to as "the Company") held the 13th meeting of the 4th Board of Directors on March 28, 2026, where the proposal regarding the "2025 Profit Distribution Plan (Preliminary)" was approved. This profit distribution plan is subject to review at the 2025 annual shareholders' meeting.
II. Basic Situation of the Profit Distribution Plan
According to the audit by Lixin Certified Public Accountants (Special General Partnership), the net profit attributable to the parent company's owners for the consolidated profit in 2025 is RMB 603,403,052.05. The parent company achieved a net profit of RMB 46,003,981.54 in 2025. In accordance with the provisions of the Articles of Association, a statutory reserve of RMB 4,600,398.15 will be deducted, and after subtracting the payable ordinary share dividend of RMB 412,500,000.00, and adding the undistributed profit from previous years of RMB 1,021,687,027.07, the total profit available for distribution to shareholders in 2025 is RMB 650,590,610.46.