证券日报网讯 京东方Ａ（000725）11月26日在互动平台回答投资者提问时表示，公司会遵循《股东回 报规划》的承诺。 ...

内蒙古伊利实业集团股份有限公司 证券代码：600887 证券简称：伊利股份 公告编号：临2025-081 第十一届监事会临时会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 内蒙古伊利实业集团股份有限公司（简称"公司"）第十一届监事会临时会议于2025年11月17日（星期 一）以通讯方式召开。本次会议通知于2025年11月13日以邮件方式发出，会议应当出席的监事五名，实 际出席会议的监事五名。会议符合《公司法》《公司章程》的规定，合法有效。 二、监事会会议审议情况 会议审议并通过了以下议案，形成如下决议： 审议并通过了《公司未来三年（2025-2027年）股东回报规划》（具体内容详见上海证券交易所网站 www.sse.com.cn）。 公司监事会认为：《公司未来三年（2025-2027年）股东回报规划》符合公司利润分配政策，符合公司 及全体股东的长远利益，决策程序符合《公司法》《公司章程》等有关规定。 表决结果：同意5票，反对0票，弃权0票。 本议案需提交股东大会审议。 特此公告 内蒙古伊利 ...

11月17日主力资金净流入261.16万元，占总成交额0.25%；游资资金净流入5295.87万元，占总成交额 4.98%；散户资金净流出5557.03万元，占总成交额5.22%。 公司公告汇总内蒙古伊利实业集团股份有限公司第十一届监事会临时会议决议公告 内蒙古伊利实业集团股份有限公司于2025年11月17日以通讯方式召开第十一届监事会临时会议，应出席 监事5名，实际出席5名，会议合法有效。会议审议通过《公司未来三年（2025-2027年）股东回报规 划》，认为该规划符合公司利润分配政策及全体股东长远利益，决策程序符合相关法律法规及公司章程 规定。表决结果为同意5票，反对0票，弃权0票。该议案尚需提交股东大会审议。 内蒙古伊利实业集团股份有限公司关于为全资子公司提供担保的进展公告 截至2025年11月17日收盘，伊利股份(600887)报收于28.57元，上涨0.78%，换手率0.6%，成交量37.47万 手，成交额10.64亿元。 当日关注点 交易信息汇总资金流向 内蒙古伊利实业集团股份有限公司关于未来三年（2025-2027年）股东回报规划暨贯彻落实"提质增效重 回报"行动方案的公告 内蒙古伊利实业集团股 ...

Group 1 - The company held its 25th temporary board meeting on November 11, 2025, with all eight directors present, including six via video conference [2][3] - The board approved the reappointment of Zhongshun Yatai Certified Public Accountants as the auditor for the fiscal year 2025, with a unanimous vote of 8 in favor [3][39] - The board also approved the performance incentive plan for senior management for the year 2024, along with several amendments to internal governance documents [5][6][12] Group 2 - The company plans to hold its sixth temporary shareholders' meeting on November 27, 2025, with a registration date of November 24, 2025 [57][59] - The meeting will include voting on various proposals, including the reappointment of the accounting firm and amendments to internal policies [64][65] - The company ensures compliance with relevant laws and regulations in the organization of the shareholders' meeting [58][60]

Core Viewpoint - The company has committed to maintaining a high dividend payout ratio and a minimum dividend amount despite recent performance challenges [1] Group 1: Company Performance - The company's stock price has been declining, and a decrease in performance for the year is anticipated [1] - The company has previously disclosed a three-year shareholder return plan, promising a dividend payout ratio of no less than 70% for the years 2024-2026 [1] Group 2: Dividend Policy - The company has committed to a minimum dividend amount of 20 billion yuan for the upcoming years [1] - The management appreciates shareholder suggestions regarding increasing dividend payouts [1]

Group 1 - The core viewpoint of the article indicates that the cement industry is expected to face a decline in demand in 2026, but infrastructure investments may provide some support for cement demand [2] - The company anticipates that supply-side policies will lead to a substantial reduction in total supply, optimizing the supply structure and alleviating previous overcapacity pressures [3] - The company has implemented a three-year shareholder return plan, distributing approximately 266 million yuan in cash dividends for 2024, with future dividends to be determined based on strategic considerations [4] Group 2 - The company is actively advancing capacity replacement through internal optimization and external acquisition of capacity indicators, with six production line replacement plans already completed [5] - The company aims to enhance its competitive advantage by integrating its operations in key regions, focusing on both horizontal and vertical expansion strategies [6]

Group 1: Market Outlook - The demand for cement is expected to decline in 2026, but infrastructure investments may provide some support due to the initiation of major projects and policies from the 20th Central Committee [2] - Supply-side optimization and stricter production scheduling are anticipated to improve the supply-demand relationship and pricing in the long term [2] Group 2: Production Capacity Management - The implementation of production restrictions is expected to optimize supply, leading to a substantial reduction in total supply and improved capacity utilization [2] - The company is actively advancing capacity replacement through internal adjustments and external acquisitions, with six production line replacement plans already announced [4] Group 3: Financial Performance and Shareholder Returns - The company has completed a cash dividend distribution of approximately CNY 266 million for the 2024 fiscal year as part of its three-year shareholder return plan [3] - Future dividend levels will be determined based on development strategy, cash flow, and investment needs [3] Group 4: Asset Management and Innovation - The company is focusing on transforming production lines to produce new materials, such as metallurgical lime, to minimize asset losses from capacity adjustments [5] - Strategic integration plans in core regions will enhance competitive advantages by selecting high-quality assets and extending the supply chain [6]

Core 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].

Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 8.703 billion CNY, a decrease of 4.2% year-on-year [1] - The net profit attributable to shareholders for the same period was 4.012 billion CNY, down 3.56% year-on-year [1] - In Q3 2025, the company recorded a net profit of 1.509 billion CNY, an increase of 3.91% year-on-year [2] - The net profit excluding non-recurring items for Q3 2025 was 1.458 billion CNY, up 1.05% year-on-year [2] Revenue Decline Factors - The decline in revenue is primarily attributed to the exit of the Bozhou-Fu Highway REITs and the impact of road network diversions and construction activities [1] - The decrease in gross margin is due to factors such as construction disruptions and differentiated toll policies affecting revenue from toll fees [2] - Increased maintenance costs in 2025, designated as a national inspection year, have also pressured gross margins [2] Future Plans and Shareholder Returns - The company aims to enhance proactive management and focus on internal growth to create more investment value for shareholders [1] - From 2022 to 2024, the total cash dividends distributed reached 9.026 billion CNY, receiving high recognition from investors [2] - The company plans to develop a new three-year shareholder return plan, balancing funding needs with shareholder returns [2]

Core Viewpoint - Hongqi Chain (002697) stated on October 30 that it will formulate an annual dividend plan based on shareholder return requirements and annual operating conditions [1] Group 1 - The company is committed to aligning its annual dividend plan with shareholder return strategies [1] - The annual dividend plan will be influenced by the company's operational performance for the year [1]