300699SZSE

Progress Announcement on the "Quality Return Dual Improvement" Action Plan

Weihai Guangwei Composites Co., Ltd.·March 30, 2026

✨ AI Summary

The announcement details the progress of the "Quality Return Dual Improvement" action plan initiated by Weihai Guangwei Composite Materials Co., Ltd. on February 5, 2024. Key achievements include a revenue increase of 16.72% to 2.86 billion yuan and a 27.10% rise in R&D investment to 220 million yuan in 2025. The company emphasizes governance improvements, investor relations, and plans to distribute a cash dividend of 5 yuan per 10 shares, totaling 412.5 million yuan.

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Full Translation

AI Translation· azure_openai

Weihai Guangwei Composite Materials Co., Ltd. Progress Announcement on the "Quality Return Dual Improvement" Action Plan

In order to practice the development concept of "investor-oriented" and safeguard the interests of all shareholders, the company, based on confidence in its future development prospects and value recognition, formulated the "Quality Return Dual Improvement" action plan on February 5, 2024. The specific content can be found in the announcement published on the Giant Tide Information Network (http://www.cninfo.com.cn) on February 5, 2024 (Announcement No. 2024-010). The following is an update on the progress of the action plan measures in 2025:

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