Liaoning Mindde New Material Technology (Group) Co., Ltd. 2026-2028 Shareholder Dividend Return Plan
To further improve and standardize the profit distribution decision-making and supervision mechanisms of Liaoning Mindde New Material Technology (Group) Co., Ltd. (hereinafter referred to as the "Company"), and to establish scientific, sustainable, stable, and transparent dividend decision-making and supervision mechanisms, guide investors to establish long-term and rational investment concepts, and protect the legitimate rights and interests of investors, in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Supervision Guidelines for Listed Companies No. 3 - Listed Companies' Cash Dividends," and other relevant laws, regulations, and normative documents, as well as the relevant provisions of the "Articles of Association," and combined with the Company's actual situation, the "2026-2028 Shareholder Dividend Return Plan" (hereinafter referred to as the "Plan") has been formulated. This Plan has been reviewed and approved by the Company's Board of Directors and needs to be submitted to the Company's Shareholders' Meeting for review. The specific content is as follows:
I. Considerations for the Formulation of the Shareholder Dividend Return Plan
The Company, focusing on long-term and sustainable development, considers the actual situation of the enterprise's development. It comprehensively analyzes the Company's actual operating development, shareholder requirements and wishes, social capital costs, and external financing environment. It solicits and listens to the requirements and wishes of shareholders, especially small and medium shareholders. It fully considers the Company's current and future profit scale, cash flow status, development stage, project investment capital requirements, bank credit and debt financing environment, and other factors. Based on balancing shareholders' short-term and long-term interests, the shareholder dividend return plan is formulated to establish a sustainable, stable, and scientific return plan and mechanism for investors, make institutional arrangements for profit distribution, and maintain the continuity and stability of the Company's profit distribution policy.
II. Principles for the Formulation of the Shareholder Dividend Return Plan
The Company implements a proactive, continuous, and stable profit distribution policy, attaches importance to reasonable investment returns for investors while considering the Company's sustainable development. Combined with the Company's profitability and the actual needs of its business development strategy, a sustainable and stable return mechanism for investors is established. The formulation of the profit distribution plan should comply with relevant laws and regulations and the "Articles of Association of Liaoning Mindde New Material Technology (Group) Co., Ltd." (hereinafter referred to as the "Articles of Association").
III. Specific Matters of the Shareholder Dividend Return Plan for the Next Three Years (2026-2028)
(I) Profit Distribution Methods The Company adopts cash, stock, or a combination of cash and stock for profit distribution. Under the condition of having cash dividend conditions, the Company will give priority to cash dividends.
The Company will consider implementing a cash dividend policy, which is generally no less than 10% of the distributable profit for the year, and the cumulative cash dividends distributed in the last three years will be no less than 30% of the average annual distributable profit for the last three years.