西王食品: 关于2024年度拟不进行利润分配的专项说明

Group 1 - The company plans not to distribute profits for the fiscal year 2024 due to a net loss of approximately 443.57 million yuan attributable to shareholders [1] - The total amount of cash dividends for 2024 is zero, consistent with the previous two years, indicating a lack of profit distribution [1] - The company’s retained earnings at the end of 2024 are negative, with a total of approximately 62.28 million yuan, which does not meet the conditions for profit distribution as per relevant regulations [1][2] Group 2 - The retained earnings will be utilized primarily for daily operations, business development, and working capital needs to ensure the company's production and future growth [2] - The profit distribution plan has been approved by the 14th Supervisory Board's eighth meeting and will be submitted for review at the 2024 annual shareholders' meeting [3] - The board believes that the profit distribution plan aligns with the company's development strategy and does not harm the interests of shareholders, particularly minority shareholders [3][4]