Geo-Jade Petroleum(SH:600759) Zheng Quan Zhi Xing·2025-07-09 11:13Core Viewpoint - The company has established a three-year shareholder dividend return plan (2025-2027) to ensure a scientific, sustainable, and stable dividend decision-making and supervision mechanism, aiming to protect investors' rights and interests and enhance shareholder value [1][2]. Group 1: Considerations and Principles of the Dividend Return Plan - The dividend return plan is designed with a focus on the company's long-term and sustainable development, considering actual conditions, development goals, external financing environment, and social capital costs [1]. - The plan aims to balance short-term and long-term interests of shareholders while ensuring continuity and stability in the company's dividend distribution policy [1][2]. Group 2: Specific Content of the Dividend Return Plan - The company may distribute profits through cash dividends, stock dividends, or a combination of both, prioritizing cash dividends when conditions allow [2][3]. - Profit distribution can occur once per fiscal year, typically reviewed at the annual shareholders' meeting, with the possibility of mid-term cash dividends based on operational conditions [2][3]. - Cash dividends will be implemented when certain conditions are met, including positive after-tax profits and sufficient cash flow, without affecting the company's ongoing operations [2][3][4]. Group 3: Conditions and Proportions for Cash Dividends - The board of directors will consider industry characteristics, development stages, operational models, and other factors to propose differentiated cash dividend policies [4]. - The minimum proportion of cash dividends in profit distribution should reach 80%, 40%, or 20% depending on specific circumstances [4][5]. - The company may also consider share buybacks as part of the cash dividend calculation [4]. Group 4: Procedures for Profit Distribution - The profit distribution plan must be reviewed by the board and submitted to the shareholders' meeting for approval, with the audit committee providing opinions on the plan [5]. - Independent directors must express their opinions on the profit distribution policy, and any non-acceptance of their views must be disclosed [5][6]. Group 5: Adjustment Mechanism for Profit Distribution Policy - The company can adjust its profit distribution policy if it does not align with operational conditions or long-term development goals, considering the opinions of minority shareholders [5][6].