中宠股份: 分红管理制度

Core Viewpoint - The company aims to establish a scientific, sustainable, and stable dividend mechanism to protect the legitimate rights and interests of small and medium-sized investors, in accordance with regulatory guidelines and its own articles of association [1][2]. Profit Distribution and Cash Dividend Policy - The company prioritizes cash dividends as a method of profit distribution, ensuring continuity and stability in its profit distribution policy while considering long-term interests and overall shareholder benefits [1][2]. - The company can distribute dividends in cash, stock, or a combination of both, with a minimum cash distribution of 10% of the distributable profit if no major investment plans or cash expenditures are anticipated [2][4]. - The cash dividend ratio varies based on the company's development stage and planned expenditures, with a minimum of 80% for mature companies without major expenditures, 40% for mature companies with major expenditures, and 20% for growing companies with major expenditures [2][3]. Dividend Decision and Supervision Mechanism - The company must review its future dividend distribution plan at least every three years, with the board of directors responsible for proposing and submitting the plan for shareholder approval [3][6]. - The board must consider the opinions of small and medium-sized shareholders and ensure transparent communication during the decision-making process regarding profit distribution [6][7]. - The audit committee supervises the execution of the profit distribution policy and provides special comments on any year where profits are made but no distribution proposal is presented [8]. Future Dividend Planning - The board is tasked with developing a three-year dividend plan that outlines specific arrangements and forms of cash dividends, taking into account industry conditions, profitability, and external financing environments [5][6]. - The company is required to disclose the implementation status of its cash dividend policy in its annual report, including any adjustments made to the policy [8].