Gian(SZ:300709) Zheng Quan Zhi Xing·2025-08-01 16:35Core Viewpoint - The company has established a three-year shareholder dividend return plan for 2025-2027, focusing on sustainable and stable dividend policies to enhance shareholder value and promote long-term investment [1][2][3] Group 1: Dividend Distribution Principles - The company prioritizes cash dividends, with specific minimum cash dividend ratios based on its development stage and capital expenditure plans [1][2] - In a mature stage without significant capital expenditures, the minimum cash dividend ratio should be 80% of the profit distribution; if there are significant expenditures, it should be at least 40% [1][2] - For growth stages with significant capital expenditures, the minimum cash dividend ratio is set at 20% [1][2] Group 2: Factors Considered in Planning - The planning considers long-term sustainable development, shareholder expectations, cash flow, and external financing conditions [2][3] - The company aims to balance reasonable returns to shareholders with its long-term growth needs [2][3] Group 3: Specific Dividend Return Plan - The company will maintain a minimum cash distribution of 15% of the annual distributable profit, with the possibility of retaining undistributed profits for future distribution [4][5] - Cash dividends will be distributed at least once a year, with the option for mid-term cash dividends based on profitability and funding needs [4][5] Group 4: Decision-Making Mechanism - The board of directors must consider and incorporate feedback from shareholders, especially minority investors, when formulating dividend policies [5][6] - Any adjustments to the established dividend policy require a two-thirds majority approval from shareholders present at the meeting [5][6] Group 5: Disclosure of Dividend Policy - The company is required to disclose the cash dividend policy and its execution in the annual report, including compliance with regulations and the opportunity for minority shareholders to express their opinions [6]