KENGIC(SH:688455) Zheng Quan Zhi Xing·2025-07-15 14:06Core Viewpoint - The company has established a shareholder dividend return plan for the next three years (2025-2027) to enhance transparency in profit distribution and to encourage long-term and rational investment among shareholders [1][2]. Group 1: Considerations for the Plan - The plan is designed with a focus on the company's long-term sustainable development, taking into account operational performance, shareholder expectations, external financing conditions, and cash flow status [1]. - The company aims to create a stable and scientific return mechanism for investors while ensuring that profit distribution does not exceed the cumulative distributable profits [2]. Group 2: Principles of the Plan - The company will implement an active, continuous, and stable profit distribution policy, prioritizing reasonable returns for investors while considering long-term interests and sustainable development [2]. - Profit distribution will not occur if the company has significant uncertainties regarding its ability to continue as a going concern or if its debt ratio exceeds 70% [2]. Group 3: Specifics of the Dividend Plan - The company will prioritize cash dividends, with a minimum cash distribution of 10% of the net profit attributable to shareholders each year, and a cumulative cash distribution of at least 30% of the average distributable profit over any three consecutive years [4]. - In cases of significant investment plans or cash expenditures, the company may still proceed with cash dividends if approved by the shareholders [4]. Group 4: Decision-Making Mechanism - The profit distribution plan will be proposed by the management, reviewed by the board, and then submitted for shareholder approval, ensuring that independent directors' opinions are considered [5][6]. - The company will actively communicate with shareholders, especially minority shareholders, to gather their opinions before finalizing the dividend plan [5][6].