Stock Code: 300718 Stock Abbreviation: Changsheng Bearing Announcement No.: 2026-008
Zhejiang Changsheng Sliding Bearing Co., Ltd. Announcement on the 2025 Profit Distribution Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
I. Deliberation Procedures The fifth board of directors' tenth meeting of Zhejiang Changsheng Sliding Bearing Co., Ltd. (hereinafter referred to as the "Company") was held on April 24, 2026. The "Proposal on the 2025 Profit Distribution Plan" was deliberated and approved. This proposal needs to be submitted to the Company's 2025 annual general meeting for deliberation.
II. Basic Situation of the Profit Distribution and Capital Reserve to Share Capital Increase Plan According to the audit by Lixin Certified Public Accountants (Special General Partnership), the Company's parent company achieved a net profit of RMB 20,209.47 million in 2025. After deducting 10% of the statutory surplus reserve based on the parent company's net profit, which is RMB 2,020.95 million, the accumulated undistributed profit available for distribution to shareholders as of December 31, 2025, was RMB 72,061.25 million.