智慧农业: 关于2024年度拟不进行利润分配的公告

Core Viewpoint - Jiangsu Nonghua Smart Agriculture Technology Co., Ltd. plans not to distribute profits for the year 2024 due to negative net profits and accumulated undistributed profits [1][2]. Summary by Sections 1. Review Procedure - The profit distribution plan for 2024 was reviewed and approved by the board of directors [1]. 2. 2024 Profit Distribution Proposal - The audited consolidated net profit attributable to the parent company's shareholders for 2024 is -47.6871 million yuan, while the parent company achieved a net profit of 8.3777 million yuan. As of the end of 2024, the consolidated undistributed profits amount to -828.5833 million yuan, and the parent company's undistributed profits are -100.3611 million yuan. Therefore, the proposal is to not distribute profits, including cash dividends and stock dividends, nor to convert capital reserves into share capital [1][2]. 3. Reasons for Not Distributing Profits in 2024 - The company cites the China Securities Regulatory Commission's guidelines and its own articles of association, stating that profit distribution policies must consider reasonable returns for investors while ensuring the company's long-term interests and sustainable development. The negative accumulated undistributed profits do not meet the conditions for cash dividends as per the articles of association [1][2]. 4. Additional Information - The company has not implemented cash dividends for the past three years due to not meeting the conditions, and it does not anticipate triggering any risk warnings as per the Shenzhen Stock Exchange regulations. The management emphasizes its commitment to improving operational conditions and enhancing investment value to provide reasonable and stable returns to investors [2].