Zhuzhou Kibing (SH:601636) Zheng Quan Ri Bao·2025-10-31 00:08Core Viewpoint - The company has established a three-year shareholder return plan (2026-2028) aimed at enhancing investor returns through increased cash dividends and a structured profit distribution policy [1][5]. Group 1: Factors Considered in the Plan - The plan considers long-term sustainable development needs, shareholder demands, the company's development stage, and external financing conditions [2]. Group 2: Principles of the Plan - The company will implement an active profit distribution policy based on financial stability, prioritizing cash dividends while ensuring continuity and stability in the cash dividend policy [3]. Group 3: Decision-Making Mechanism - The company will review the shareholder return plan every three years, considering various factors including development environment and shareholder opinions, ensuring compliance with legal regulations [4]. Group 4: Profit Distribution Plan for 2026-2028 - The company plans to adopt cash dividends as the primary method of profit distribution, with the possibility of stock dividends if sales grow rapidly and stock prices do not align with capital scale [5][6]. Group 5: Conditions and Proportions for Cash Dividends - Cash dividends will be distributed annually if the company is profitable and has positive retained earnings, with a minimum of 50% of distributable profits allocated to cash dividends [7][8]. Group 6: Special Circumstances for Dividend Distribution - Special circumstances that may prevent cash dividends include negative cash flow, significant investment plans, or high debt ratios [8]. Group 7: Profit Distribution Scheme Development and Execution - The profit distribution scheme will be proposed by management, reviewed by the board, and requires shareholder approval, ensuring transparency and communication with shareholders [10][11]. Group 8: Adjustments to Profit Distribution Policy - Any adjustments to the profit distribution policy must be justified, documented, and approved by the board and shareholders, with oversight from the audit committee [13][14].