Announcement on the Implementation of 2025 Annual Dividend Distribution and Capital Increase by Transfer of Surplus Reserves
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Special Reminder: According to the relevant provisions of the "Company Law of the People's Republic of China" and the "Self-Regulatory Guidelines No. 9 for Listed Companies of the Shenzhen Stock Exchange - Share Buyback," shares held in the company's special securities account for buybacks do not enjoy rights to profit distribution or capital increase from surplus reserves.
The profit distribution and capital increase plan for 2025 is as follows:
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Based on the total share capital of 176,334,698 shares, excluding the 3,383,594 shares held in the buyback special securities account, the adjusted total share capital is 172,951,104 shares. The company will distribute a cash dividend of RMB 0.3 (tax included) for every 10 shares to all shareholders, totaling RMB 5,188,533.12 (tax included).
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Based on the adjusted total share capital of 172,951,104 shares, all shareholders will receive 3 new shares for every 10 shares held, resulting in a total capital increase of 51,885,331 shares. No bonus shares will be issued this year.
After the implementation of this distribution plan, the ex-dividend and ex-rights price will be calculated as follows: the cash dividend per 10 shares (tax included) = total cash dividend / total share capital * 10 = 5,188,533.12 / 176,334,698 * 10 = 0.294243 RMB (retaining six decimal places, with the last digit truncated, not rounded). The ratio of capital increase per 10 shares = total capital increase / total share capital * 10 = 51,885,331 / 176,334,698 * 10 = 2.942434 (retaining six decimal places, with the last digit truncated, not rounded).
The reference price for ex-dividend and ex-rights after the implementation of this distribution plan = (closing price on the trading day before the ex-dividend and ex-rights date - cash dividend per share) / (1 + capital increase ratio per share) = (closing price on the trading day before the ex-dividend and ex-rights date - 0.0294243 RMB) / (1 + 0.2942434).