WG Tech(SH:603773) Zheng Quan Zhi Xing·2025-05-30 10:41Core Viewpoint - Jiangxi Woge Optoelectronics Group Co., Ltd. has established a shareholder return plan for the next three years (2025-2027) to enhance transparency and operational clarity in profit distribution, ensuring reasonable returns for shareholders while maintaining sustainable business development [1][2]. Summary by Sections Factors Considered in the Dividend Return Plan - The company focuses on long-term and sustainable development, considering actual operating conditions, future profitability, cash flow, shareholder returns, social capital costs, and external financing environment [1]. Principles for Formulating the Dividend Return Plan - The plan adheres to the company's articles of association, considers shareholder opinions, balances short-term and long-term interests, and emphasizes cash dividends while ensuring compliance with legal regulations [2]. Measures to Protect Shareholder Interests - The profit distribution proposal will be drafted by the board based on profitability, funding needs, and shareholder feedback, requiring approval from the shareholders' meeting [2][3]. Specific Content of the Shareholder Return Plan - The company will implement an active profit distribution policy, prioritizing reasonable returns to investors while ensuring the continuity and stability of profit distribution [3][4]. Profit Distribution Period - The company will generally conduct annual profit distributions, with the option for mid-term distributions based on funding needs [3]. Forms of Profit Distribution - The company will distribute dividends in cash, stock, or a combination, with a preference for cash dividends [3][4]. Conditions for Profit Distribution - Cash dividends must constitute at least 20% of the distributable profits for the year, with specific conditions for stock dividends based on company growth and financial health [4][5]. Profit Distribution Plan Formulation and Implementation - The board will thoroughly research and consider the timing, conditions, and minimum ratios for cash dividends, ensuring independent directors' opinions are documented and disclosed [5][6]. Adjustments to the Profit Distribution Plan - The company may adjust its profit distribution policy in response to significant changes in operational conditions or external environments, requiring independent director and supervisory board input [6][7]. Disclosure of Profit Distribution Plans - The company will provide detailed disclosures in annual reports regarding the formulation and execution of cash dividend policies, including any adjustments made [7]. Review Cycle and Decision Mechanism for Future Shareholder Return Plans - The company will review the shareholder return plan every three years, incorporating feedback from shareholders and independent directors, with changes requiring a two-thirds majority approval at the shareholders' meeting [7].