Meineng Energy(SZ:001299) Zheng Quan Zhi Xing·2025-08-26 16:35Core Viewpoint - The announcement details the profit distribution plan for the first half of 2025 by Shaanxi Meino Clean Energy Group Co., Ltd, highlighting a cash dividend proposal based on the company's net profit and retained earnings [1][2]. Group 1: Profit Distribution Proposal - The company reported a net profit of CNY 51,247,677.20, with a net profit attributable to the parent company of CNY 51,530,831.26 for the first half of 2025 [2]. - The total distributable profit available for shareholders is CNY 177,288,095.94, calculated based on the lower of the retained earnings from the consolidated and parent company financial statements [2]. - The proposed cash dividend is CNY 1.50 per 10 shares (including tax), with an estimated total cash dividend payout of CNY 35,788,290.90 based on the adjusted share capital after buybacks [2]. Group 2: Approval Process - The profit distribution plan was approved during the meetings of the Board of Directors and Supervisory Board held on August 25, 2025, and is pending approval from the shareholders' meeting [1][3]. - The proposal was initiated by the actual controller and chairman of the company, Mr. Yan Liqun, on July 21, 2025 [1]. Group 3: Compliance and Justification - The profit distribution plan adheres to relevant regulations, including the Company Law of the People's Republic of China and guidelines from the China Securities Regulatory Commission [3]. - Factors considered in the plan include profitability, debt repayment capacity, significant capital expenditure arrangements, and the commitment to return value to investors [3].