Announcement of Implementation of 2025 Annual Equity Distribution
Securities Code: 301219
Securities Abbreviation: Tengyuan Cobalt Industry
Announcement Number: 2026-027
Ganzhou Tengyuan Cobalt Industry Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On May 20, 2026, the Company held the 2025 annual shareholders' meeting, where the proposal regarding the profit distribution and capital reserve increase plan for 2025 and the mid-term dividend plan for 2026 was approved. The details of the equity distribution are announced as follows:
1. Approval of Profit Distribution Proposal by the Shareholders' Meeting
- The 2025 annual equity distribution plan of the Company is as follows: Based on the total share capital of 294,717,182 shares registered on the equity distribution record date, deducting the repurchased shares of 1,003,298 shares, the base is 293,713,884 shares. A cash dividend of RMB 10.00 (including tax) will be distributed for every 10 shares to all shareholders, totaling RMB 293,713,884.00 (including tax). Additionally, a capital reserve increase of 3 shares for every 10 shares will be distributed to all shareholders, with an expected increase of 88,114,165 shares, bringing the total share capital to an estimated 382,831,347 shares after the increase. No bonus shares will be distributed, and the remaining undistributed profits will be carried forward to future years. According to relevant regulations, if there are changes in the total share capital due to new shares listing, equity incentives, or share repurchases between the disclosure of the distribution proposal and the equity distribution record date, the Company intends to adjust the total cash dividend amount while maintaining the distribution ratio.
- The total share capital of the Company has not changed from the disclosure of the distribution plan to the implementation period.
- The distribution plan implemented this time is consistent with the distribution plan approved by the 2025 annual shareholders' meeting.
- The implementation of this equity distribution occurs within two months of the shareholders' meeting approving the profit distribution plan.