The Company’s Dividend Policy Follows The Basic Principles As Follows:
If there is a surplus in the company's annual final accounts, it will pay taxes in accordance with the law and make up for the accumulated losses, and then set aside 10% as statutory surplus reserve. However, when the statutory surplus reserve has reached the company's paid-in capital, it may no longer be set aside, and the remaining The special surplus reserve shall be set aside or reversed in accordance with legal provisions; if there is any remaining balance and accumulated undistributed surplus, the board of directors shall prepare a surplus distribution proposal and submit it to the shareholders' meeting to resolve the distribution of dividends to shareholders.
When the company sets aside special surplus reserves in accordance with the law, the amount that is insufficient for "the net increase in the fair value of investment real estate accumulated in the previous period" and "the net decrease in other equity accumulated in the previous period" should be allocated before the surplus is distributed. The same amount of special surplus reserve shall be set aside from the undistributed earnings of the previous period. If there is still an insufficient amount, the amount of items other than the net profit after tax for the current period plus the net profit for the current period shall be included in the undistributed surplus for the current period.
The company's dividend policy is based on current and future development plans, taking into account the investment environment, capital needs and domestic and foreign competition, taking into account factors such as shareholders' interests, and taking into account the impact of surplus distribution on future overall operations, the surplus available for distribution is determined every year The allocation shall not exceed 90% of the dividends distributed to shareholders. When distributing dividends to shareholders, they may be distributed in the form of cash or stocks, of which cash dividends shall not be less than 10% of the total dividends. If the dividends distributed in the current year are less than one yuan, all stocks must be distributed dividend.
Dividend information
Dividend distribution situation (Public Information Observatory)
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Stock price information
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