301139SZSE
🚨 Material Event

Announcement on Company Stock Being Subject to Other Risk Warnings

Yuan Dao Communications Co., Ltd.··3 pages

✨ AI Summary

Yuan Dao Communication Co., Ltd. is implementing a new profit distribution plan for 2025, distributing no cash dividends, bonus shares, or capital reserve transfers. This decision, along with recent fund account freezes, has led to the stock being subject to other risk warnings starting June 29, 2026, due to regulatory rules.

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Full Translation

AI Translation· gemini_document

Securities Code: 301139

Securities Abbreviation: *ST Yuan Dao

Announcement No.: 2026-058

Yuan Dao Communication Co., Ltd.

Announcement on Company Stock Being Subject to Other Risk Warnings

The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

Due to the recent freezing of Yuan Dao Communication Co., Ltd.'s (hereinafter referred to as the "Company") fund accounts, it is expected that the profit distribution will not be completed on schedule. Therefore, the proposal for the "Proposal on Profit Distribution for 2025" that was originally submitted for shareholder approval has been rescinded. The new "Proposal on Profit Distribution for 2025" was deliberated and approved at the 2025 Annual General Meeting. The Company's profit distribution plan for 2025 is: no cash dividends, no bonus shares, and no capital reserve transfers.

According to Article 9.4, Item (VIII) of the "Shenzhen Stock Exchange GEM Stock Listing Rules," which states that for companies whose net profit in the most recent fiscal year is positive, and whose undistributed profits at the end of the consolidated and parent company statements are both positive, if the cumulative cash dividends in the most recent three fiscal years are less than 30% of the average net profit in the most recent three fiscal years, and the cumulative cash dividends in the most recent three fiscal years are less than 30 million yuan, excluding cases where the cumulative R&D investment as a percentage of cumulative operating revenue in the most recent three fiscal years exceeds 15% or the cumulative R&D investment amount in the most recent three fiscal years exceeds 300 million yuan, the Company's stock has triggered the "other risk warning" situation. The Company's stock will be subject to other risk warnings starting from June 29, 2026.

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