Luoyang New Strong Bearing Co., Ltd. Manufacturer of Slewing Bearings
Stock Code: 300850 Stock Abbreviation: Xinqianglian Announcement No.: 2026-022
Luoyang New Strong Bearing Co., Ltd. Announcement on the Implementation of the 2025 Annual Equity Distribution Plan
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
The 2025 annual equity distribution plan of Luoyang New Strong Bearing Co., Ltd. (hereinafter referred to as the "Company") was approved by the 2025 Annual Shareholders' Meeting held on April 16, 2026. The equity distribution matters are hereby announced as follows:
I. Status of Profit Distribution Plan Approved by the Shareholders' Meeting
- The Company's 2025 Annual Shareholders' Meeting held on April 16, 2026, deliberated and approved the "Proposal on the Company's 2025 Annual Profit Distribution Plan." The Company's 2025 annual profit distribution plan is as follows: Based on the Company's total share capital of 414,085,835 shares as of December 31, 2025, a cash dividend of RMB 2.95 per 10 shares (tax inclusive) will be distributed to all shareholders, totaling RMB 122,155,321.33 (tax inclusive). No bonus shares will be issued, and no capital reserve will be transferred to share capital. Undistributed profits will be carried forward to subsequent years. If the Company's share capital changes before the equity distribution registration date, the total distribution amount will be adjusted in accordance with the principle of unchanged distribution ratio.