JHT(603199) 证券之星· Zheng Quan Zhi Xing·2025-05-20 13:37Core Viewpoint - Anhui Jiuhua Mountain Tourism Development Co., Ltd. has established a shareholder dividend return plan for the next three years (2025-2027) to ensure reasonable returns for investors while considering the company's long-term sustainable development [1][2]. Group 1: Principles and Considerations - The plan is based on legal regulations and aims to balance investor returns with the company's long-term interests and sustainable development [1]. - Factors considered in the planning include the company's operational status, development goals, shareholder expectations, cash flow, profitability, and external financing environment [1][2]. Group 2: Specific Dividend Return Plan - The company will implement a stable profit distribution policy, prioritizing cash dividends when conditions allow [2][4]. - Cash dividends will be distributed at least 20% of the distributable profits each year, with higher percentages based on the company's development stage and financial needs [4][5]. - The company will maintain a minimum cash dividend ratio of 20% during its growth phase, with potential adjustments as it matures [4][5]. Group 3: Decision-Making Process - The annual profit distribution plan will be proposed by the board of directors and requires majority approval from the board and shareholders [5][6]. - The audit committee will review the profit distribution proposals and ensure compliance with regulations [5][6]. - The company will actively communicate with shareholders, especially minority shareholders, to gather feedback on dividend proposals [5][6]. Group 4: Policy Review and Disclosure - The dividend policy will be reviewed at least every three years, with adjustments made based on company conditions and shareholder feedback [6][7]. - The company is required to disclose the cash dividend policy and its execution in the annual report, ensuring transparency and protection of shareholder rights [6][7].