招商蛇口：2026至2028年度现金分红占当年归母净利润比例均不低于40%

Core Viewpoint - The company has established a three-year shareholder dividend return plan for 2026-2028, committing to a cash dividend of no less than 40% of the net profit attributable to shareholders each year, under certain conditions [1]. Group 1: Dividend Policy - The company will distribute cash dividends annually from 2026 to 2028, provided that the undistributed profits are positive, the distributable profits are positive, and the audit report is unqualified [1]. - The cash dividend will be at least 40% of the net profit attributable to shareholders for each year during the specified period [1]. Group 2: Stock Performance - From January 1, 2025, to December 31, 2025, the company's stock price has been below the audited net asset value per share for 12 consecutive months [2]. - The audited net asset value per share was 10.89 CNY from January 1 to March 17, 2025, while the stock price ranged from 9.30 CNY to 10.22 CNY [2]. - From March 18 to December 31, 2025, the audited net asset value per share increased to 10.92 CNY, with the stock price fluctuating between 8.51 CNY and 10.27 CNY [2].