301389SZSE

Announcement on the Implementation of the 2025 Annual Equity Distribution

✨ AI Summary

This announcement details the implementation of the 2025 annual equity distribution plan for Longyang Electronics (Kunshan) Co., Ltd. Shareholders will receive a cash dividend of RMB 0.97 per 10 shares, totaling approximately RMB 27.42 million. The record date for the distribution is June 5, 2026, with the payment date set for June 8, 2026.

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Full Translation

AI Translation· azure_openai

Longyang Electronics (Kunshan) Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. The 860,600 shares in the Company's repurchase special securities account will not participate in this equity distribution. The 2025 annual equity distribution plan is based on the total share capital of 283,500,000 shares, excluding the repurchased shares, resulting in a base of 282,639,400 shares. A cash dividend of RMB 0.970000 will be distributed for every 10 shares to all shareholders, resulting in a total cash dividend of RMB 27,416,021.80 (including tax).
  2. The implementation of this equity distribution is calculated based on the total share capital before the ex-dividend date (including repurchased shares), with the per 10 shares dividend (including tax) calculated as follows: cash dividend total / total share capital before ex-dividend * 10 = RMB 27,416,021.80 / 283,500,000 shares * 10 shares = RMB 0.967055 (retaining six decimal places, with the last digit truncated, not rounded). The reference price after the equity distribution will be the closing price on the day before the ex-dividend date minus the cash dividend per share = closing price on the day before the ex-dividend date - RMB 0.0967055.

The 2025 annual equity distribution plan of Longyang Electronics (Kunshan) Co., Ltd. has been approved by the shareholders' meeting held on May 20, 2026. The details of the equity distribution are as follows:

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