能辉科技: 未来三年（2025-2027年）股东分红回报规划

Core Viewpoint - The company has established a three-year shareholder dividend return plan for 2025-2027 to enhance transparency and protect the rights of minority shareholders [1] Group 1: Factors Considered in the Plan - The plan considers long-term sustainable development, operational performance, shareholder expectations, social capital costs, and external financing environment [1] - It aims to create a stable and scientific return mechanism for investors while maintaining continuity in profit distribution policies [1] Group 2: Principles of the Plan - The plan adheres to relevant laws and regulations, balancing reasonable returns for investors with the company's sustainable development [2] - The opinions of independent directors and minority shareholders are taken into account during the planning process [2] Group 3: Dividend Distribution Methods - The company may distribute dividends in cash, stock, or a combination of both, with a preference for cash [2] - Cash dividends will be differentiated based on the company's development stage and major capital expenditure plans [2][5] Group 4: Cash Dividend Conditions and Proportions - For mature companies without major capital expenditures, cash dividends should be at least 40% of the profit distribution [3] - For growth-stage companies with significant capital expenditures, the minimum cash dividend proportion is set at 20% [3] - If there are no major capital expenditures, at least 10% of the distributable profit must be distributed in cash [3][5] Group 5: Conditions for Stock Dividends - If cash dividend conditions are not met, the company may opt for stock dividends, considering growth potential and the dilution effect on net assets per share [5] Group 6: Decision-Making and Implementation Procedures - The board of directors will formulate annual or interim dividend plans based on operational conditions, cash flow, and future business plans [6] - The board's decisions on dividend distribution require approval from a majority of directors [6] Group 7: Adjustments to Dividend Policy - The dividend policy should remain stable, but adjustments can be made if significant changes occur in the external environment or the company's operational status [7][8] - Any changes must comply with regulations and be justified in shareholder meetings [7] Group 8: Planning and Modification of Dividend Return - The board will develop a specific dividend return plan every three years, considering shareholder feedback and independent directors' opinions [9] - Any necessary adjustments to the dividend policy must follow the established decision-making procedures and receive a two-thirds majority approval from shareholders [9]