XMPD(SZ:000905) Zheng Quan Zhi Xing·2025-08-25 18:05Core Viewpoint - The company has announced its profit distribution plan for the first half of 2025, aiming to reward shareholders while ensuring normal operations and long-term development [1][2]. Profit Distribution Plan - The company reported a net profit attributable to shareholders of 2,438,021,605.11 yuan for the first half of 2025, with a total distributable profit of 2,584,425,266.61 yuan after accounting for previous distributions [2]. - The proposed distribution is 0.55 yuan per 10 shares (including tax), based on a total share capital of 741,809,597 shares as of June 30, 2025 [2][3]. - The distribution ratio will be adjusted if there are changes in share capital due to new shares, stock options, convertible bonds, or share buybacks, ensuring the total cash dividend remains unchanged [2]. Justification for Cash Dividend - The cash dividend proposal considers the company's operational cash flow and aims to meet the reasonable demands of all investors while ensuring no adverse effects on liquidity [3]. - The cash dividend level is consistent with the average of other listed companies in the port industry, demonstrating legality, compliance, and reasonableness [3]. Review Process - The profit distribution plan was authorized by the 2024 annual general meeting and does not require further shareholder approval [3][4]. - The board of directors unanimously approved the profit distribution plan with no votes against or abstentions [4]. - The supervisory board also approved the plan, confirming its compliance with relevant laws and regulations, and ensuring it does not harm the interests of the company or minority shareholders [4].