ZXFC(SZ:002915) Zheng Quan Zhi Xing·2025-07-18 13:12Core Viewpoint - The company aims to establish a sustainable, stable, and scientific profit distribution policy to enhance transparency and protect the rights of minority investors while ensuring long-term development [1][2]. Profit Distribution Policy - The company implements a continuous and stable profit distribution policy, emphasizing reasonable returns for investors while considering sustainable development [1]. - After extracting 10% of the after-tax profit for the statutory reserve, the remaining profit is distributed according to the shareholders' equity ratio, unless otherwise specified in the company’s articles [2]. - The company can distribute dividends in cash, stock, or a combination of both, prioritizing cash dividends when feasible [4][3]. - In profitable years with positive retained earnings, the company should distribute at least 20% of the net profit attributable to shareholders in cash, provided there are no major investment plans [3][4]. Shareholder Return Planning - The company is committed to long-term sustainable development and will develop a shareholder return plan considering profitability, operational development, and external financing conditions [5]. - The shareholder return plan will be revised at least every three years to align with the company's financial situation and shareholder expectations [5]. Decision-Making Mechanism for Profit Distribution - The company will strengthen awareness of shareholder returns and adhere to legal and regulatory requirements in decision-making regarding profit distribution [6]. - The board of directors must conduct thorough research and provide detailed justifications for profit distribution proposals [6][7]. Supervision and Constraints on Profit Distribution - Independent directors can express opinions if they believe a cash dividend plan may harm the company or minority shareholders [18]. - The audit committee will oversee the execution of the profit distribution policy and the decision-making process [18]. Execution and Information Disclosure of Profit Distribution - The board must complete the distribution of dividends within two months after the shareholders' meeting decision [20]. - The company will disclose the cash dividend policy and its execution in the annual report, including reasons for any non-distribution of dividends [23][24].