Cctech(SZ:300604) Zheng Quan Zhi Xing·2025-06-24 18:41Core Viewpoint - The company aims to establish a scientific, sustainable, and stable profit distribution policy to actively reward shareholders and promote long-term and rational investment concepts, in accordance with relevant regulations and its actual situation [1][6]. Group 1: Profit Distribution Policy - The company will propose profit distribution plans based on annual operating performance and future business plans, which will be approved by the shareholders' meeting [2]. - Profit distribution can be in the form of cash, stock, or a combination of both, with a preference for cash dividends when conditions are met [2][3]. - The company aims to distribute at least 20% of the annual distributable profit in cash, or at least 60% of the average annual distributable profit over any three consecutive years [2][4]. Group 2: Conditions and Procedures - Major capital expenditures are defined as investments or asset acquisitions exceeding 10% of the latest audited net assets or 50 million yuan [3]. - The board of directors will consider industry characteristics, development stages, and major capital expenditure plans when proposing differentiated cash dividend policies [4]. - The decision-making process for profit distribution involves the board's proposal, majority approval from directors, and subsequent approval from the shareholders' meeting [4][5]. Group 3: Shareholder Return Planning - The company will develop a shareholder return plan at least every three years, considering long-term sustainable development and various external factors [6]. - Adjustments to the shareholder return plan require detailed discussion and must be approved by a two-thirds majority of the shareholders present at the meeting [6][7]. - The company will ensure that the planning process includes input from independent directors and minority shareholders [6].