Shanghai Karon Valve Energy Saving Equipment Co., Ltd. (hereinafter referred to as "the Company") announces the implementation of the 2025 annual equity distribution plan, which was approved at the 2025 annual shareholders' meeting held on May 20, 2026. The details of the equity distribution are as follows:
1. Approval of Profit Distribution Plan
- The Company held the 2025 annual shareholders' meeting on May 20, 2026, where the proposal for the 2025 profit distribution plan was approved. The specific content is as follows: Based on the current total share capital of 169,004,100 shares, a cash dividend of RMB 2.00 (tax included) will be distributed for every 10 shares to all shareholders, totaling RMB 33,800,820.00 (tax included), with the remaining undistributed profits carried forward to the next year. No stock dividends will be issued, and no capital reserves will be converted into share capital. If there are changes in share capital from the disclosure of the profit distribution plan to the implementation of the equity distribution, the distribution ratio will be adjusted according to the principle of maintaining the total distribution amount.
- During the period from the disclosure of the distribution plan to its implementation, the total share capital of the Company has not changed.
- The distribution plan implemented is consistent with the plan approved by the shareholders' meeting.
- The implementation of this equity distribution plan will not exceed two months from the date of approval by the shareholders' meeting.