301596SZSE

Implementation Announcement of 2025 Annual Equity Distribution

Reach Machinery Co., Ltd.··4 pages

✨ AI Summary

Chengdu Ruidi Intelligent Drive Technology Co., Ltd. announced the approval of its 2025 annual equity distribution plan by the shareholders' meeting on May 14, 2026. The plan includes a cash dividend of RMB 2.00 per 10 shares and a capital reserve increase of 4 shares for every 10 shares held. The total cash dividend amounts to RMB 15,433,060.00, and the total share capital will increase from 77,165,300 to 108,031,420 shares.

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Full Translation

AI Translation· azure_openai

Chengdu Ruidi Intelligent Drive Technology 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.

The 2025 annual equity distribution plan of the Company has been approved by the shareholders' meeting held on May 14, 2026. The details of the equity distribution are as follows:

1. Approval of the Equity Distribution Plan by the Shareholders' Meeting

  1. On May 14, 2026, the Company held the 2025 annual shareholders' meeting, which approved the 2025 annual equity distribution plan. The specific content of the plan is as follows: based on the existing total share capital of 77,165,300 shares, a cash dividend of RMB 2.00 (including tax) will be distributed for every 10 shares to all shareholders, totaling RMB 15,433,060.00 (including tax), with the remaining undistributed profits carried forward to future distributions; a capital reserve increase of 4 shares for every 10 shares will be made to all shareholders, totaling 30,866,120 shares. After this increase, the total share capital of the Company will rise from 77,165,300 shares to 108,031,420 shares. No bonus shares will be issued in this profit distribution. If there are changes in the total share capital of the Company from the announcement of the profit distribution and capital reserve increase plan until implementation, the total amount of cash dividends will be adjusted based on the total share capital on the record date for the distribution, maintaining the cash dividend ratio, and the total amount of capital reserve increase will also be adjusted while keeping the ratio unchanged.
  2. Since the disclosure of this distribution plan until the date of this announcement, the total share capital of the Company has not changed.
  3. The equity distribution plan implemented this time is consistent with the distribution plan approved by the Company's 2025 annual shareholders' meeting.
  4. The time from the approval of this equity distribution plan to its implementation does not exceed two months.

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