千禾味业: 千禾味业食品股份有限公司关于2025年半年度利润分配及资本公积金转增股本预案的公告

Core Viewpoint - The company has proposed a profit distribution and capital reserve conversion plan for the first half of 2025, which includes a cash dividend and a capital reserve increase in share capital, subject to shareholder approval [1][2]. Group 1: Profit Distribution Plan - The company plans to distribute a cash dividend of 1 yuan (including tax) for every 10 shares held, based on the total share capital as of the record date [2]. - The total share capital as of now is 1,025,481,086 shares, resulting in a proposed cash dividend payout ratio of 59.16% [2]. - Additionally, the company intends to convert capital reserves into share capital, with a proposal to increase share capital by 3 shares for every 10 shares held, leading to a new total share capital of 1,333,125,412 shares after the conversion [2]. Group 2: Decision-Making Process - The audit committee approved the profit distribution and capital reserve conversion plan, considering the company's operational status, cash flow, funding needs, and future development, ensuring no harm to shareholders, especially minority shareholders [3]. - The board of directors held a meeting on August 27, 2025, where the proposal was approved and deemed compliant with legal and regulatory requirements, ensuring it would not adversely affect the company's liquidity [3]. Group 3: Impact Analysis - The implementation of the capital reserve conversion will increase the total share capital, which is expected to dilute metrics such as earnings per share and net asset value per share [4]. - The company currently has ample cash flow, and the proposed cash dividend is not expected to lead to liquidity shortages or other negative impacts on operations [4]. Group 4: Confidentiality and Compliance - Prior to the announcement of the profit distribution and capital reserve conversion plan, the company took measures to control the dissemination of insider information and ensured compliance with confidentiality obligations [4].