盐湖股份: 《青海盐湖工业股份有限公司总部利润分配管理办法》

Core Viewpoint - The article outlines the profit distribution management measures of Qinghai Salt Lake Industry Co., Ltd., aiming to establish a scientific, sustainable, and stable profit distribution mechanism while protecting investors' rights [1][2]. Profit Distribution Policy - The basic principles of the profit distribution policy include compliance with laws, balancing interests, market-oriented dividends, and the principle of equal benefits for shareholders [2][3]. - Profit distribution forms include cash, stock, or a combination of both, with a preference for cash distribution when conditions permit [4][5]. - The order of profit distribution includes covering previous losses, allocating statutory reserves, and potentially allocating discretionary reserves, with specific conditions for distribution [5][6]. Cash Dividend Policy - Cash dividends must meet specific conditions, including positive distributable profits, sufficient cash flow, and no major investment plans or cash expenditures exceeding certain thresholds [8][9]. - The company aims to distribute at least 10% of the smaller amount between consolidated distributable profits and parent company distributable profits annually, with a cumulative cash distribution of at least 30% of the average annual distributable profits over the last three years [9][10]. Decision-Making Mechanism - The profit distribution policy is subject to approval by the shareholders' meeting, with the board of directors and shareholders holding more than 3% of shares having the right to propose related matters [8][9]. - The board must consider the opinions of shareholders, especially minority investors, and provide detailed explanations for any failure to propose cash distributions in the annual report [9][10]. Supervision and Constraints - Independent directors can express opinions if they believe the cash dividend policy may harm the company or minority shareholders' interests [10]. - The audit committee monitors the execution of the cash dividend policy and compliance with decision-making procedures and information disclosure [10].