Suzhou Inovance Technology Co., Ltd. (hereinafter referred to as "the Company" or "Inovance") announces the implementation of the 2025 annual equity distribution plan, which was approved by the Company's 2025 annual shareholders' meeting on May 20, 2026. The details of the equity distribution are as follows:
I. Approval of Profit Distribution Plan by Shareholders' Meeting
- The profit distribution plan approved by the Company's 2025 annual shareholders' meeting is based on the total share capital of 2,404,790,910 shares as of the date of the board's review. A cash dividend of RMB 0.43 per 10 shares (tax included) will be distributed, totaling RMB 103,406,009.13 (tax included), with the remaining undistributed profits carried forward to future years. The Company will not implement a capital reserve transfer to increase share capital or issue bonus shares for the 2025 fiscal year. If the total share capital changes due to new shares listing, stock option exercises, or share buybacks during the period from the announcement to implementation of the distribution plan, the total distribution amount will be adjusted accordingly while maintaining the per-share distribution ratio.
- The total share capital of the Company has not changed from the announcement to the implementation period.
- The implementation of this distribution plan is consistent with the distribution plan approved by the 2025 annual shareholders' meeting and its adjustment principles.
- The time from the approval of the profit distribution plan by the shareholders' meeting to its implementation does not exceed two months.