隆鑫通用发布第三期员工持股计划并公布中期分红方案

Core Viewpoint - Longxin General (隆鑫通用) has announced its third employee stock ownership plan and a mid-term profit distribution plan for 2025, aiming to align the core team with the company's long-term development and ensure stable returns for shareholders [1][2]. Group 1: Employee Stock Ownership Plan - The employee stock ownership plan is capped at RMB 400 million, based on a share price of RMB 15.42 as of December 24, 2025, involving approximately 25.94 million shares [1]. - The plan will cover up to 500 individuals, including directors, senior management, and core business personnel, with at least 60% of shares allocated to non-director and non-supervisory core personnel [1]. - A three-phase unlocking mechanism is established, with 40%, 30%, and 30% of shares unlocked over the assessment period from 2026 to 2028, based on key growth indicators and individual performance [1]. Group 2: Financial Performance - For the first three quarters of 2025, Longxin General reported a revenue of RMB 14.557 billion, a year-on-year increase of 19.14%, and a net profit attributable to shareholders of RMB 1.577 billion, a significant increase of 75.45% [2]. - The company's self-owned brand business saw revenue growth exceeding 25%, highlighting its innovation capabilities and market competitiveness [2]. - The net cash flow from operating activities reached RMB 2.668 billion, with a nearly 150% year-on-year increase, and cash reserves amounted to RMB 9.361 billion, up over 60% [2]. Group 3: Profit Distribution - The board has approved a mid-term profit distribution plan, proposing a cash dividend of RMB 2.00 per 10 shares (tax included), amounting to approximately RMB 410 million, which represents 26.05% of the net profit for the first three quarters [2]. - Cumulatively, including the previously implemented 2024 annual dividend, the total cash dividends distributed by Longxin General in the 2025 calendar year will exceed RMB 1.2 billion, reflecting the company's commitment to shareholder returns [3].