WLCSP(SH:603005) Zheng Quan Zhi Xing·2025-08-22 16:49Core Viewpoint - Suzhou Jingfang Semiconductor Technology Co., Ltd. has established a shareholder return plan for the next three years (2025-2027) to enhance shareholder awareness and provide stable investment returns [1][2]. Summary by Sections Factors Considered in the Plan - The profit distribution policy is based on the company's current operations and sustainable development, considering industry trends, strategic planning, profitability, shareholder demands, social capital costs, external financing environment, and regulatory policies [1][2]. Principles of the Plan - The company will implement an active, continuous, and stable profit distribution policy, focusing on reasonable returns for investors while ensuring sustainable development [2][3]. Methods of Profit Distribution - The company will distribute profits through cash, stock, or a combination of both, with a preference for cash dividends when profitability and capital requirements allow [2][3]. Conditions and Proportions for Cash Dividends - Cash dividends will be distributed when the company has distributable profits of at least 20%, and there are no significant investment plans or cash expenditures that would affect profit distribution [2][3]. Differentiated Cash Dividend Policy - The board will consider industry characteristics, development stages, operational models, and significant capital expenditures to propose differentiated cash dividend policies, with minimum cash dividend ratios set at 80%, 40%, and 20% for different scenarios [2][3]. Conditions for Stock Dividend Distribution - Stock dividends may be proposed when the company's operational status is good, ensuring sufficient cash dividends are distributed first [3][4]. Interval for Profit Distribution - The company plans to conduct cash dividends annually after the shareholders' meeting, with the possibility of mid-term cash dividends based on profitability and funding needs [4][5]. Decision-Making Process and Mechanism - The board will submit profit distribution proposals to the shareholders' meeting, requiring a majority vote. Independent directors can express opinions if they believe the proposals may harm the company or minority shareholders [4][5]. Review and Adjustment Mechanism - The shareholder return plan will be reviewed at least every three years, with adjustments made based on changes in the company's development or legal regulations, ensuring alignment with relevant laws and the company's articles of association [5][6]. Other Matters - Any matters not covered in the plan will be executed according to relevant laws and regulations, with the board responsible for interpretation [5][6].