Core Viewpoint - The company has announced its 2025 interim cash dividend plan, aiming to enhance investor returns and align with its operational performance [2][3][5]. Summary by Sections 1. Basic Information of the Dividend Plan - The company reported a net profit of 32,336,516.91 yuan for the first half of 2025, with a consolidated net profit attributable to shareholders of 33,445,370.92 yuan. The undistributed profits as of June 30, 2025, amounted to 417,495,692.79 yuan (unaudited) [2]. 2. Reasonableness of the Dividend - The proposed interim cash dividend plan is set to distribute a total of 7,061,055.04 yuan (including tax) based on the total shares of 179,430,526, excluding 2,904,150 shares repurchased. The plan adheres to the company's articles of association, which stipulate that cash dividends should not be less than 20% of the distributable profits for the year [3][4]. 3. Approval Process for the Dividend - The dividend plan was approved in meetings held on March 26, 2025, and May 8, 2025, and does not require further shareholder approval as it is based on prior authorizations [4][5]. 4. Opinions from the Board and Supervisory Committee - The board believes that the interim dividend plan is beneficial for investor returns, aligns with the company's development strategy, and does not harm the interests of minority shareholders. The supervisory committee concurs, stating that the plan matches the company's operational performance and cash flow needs [5][6].

Core Viewpoint - The company has announced a mid-term dividend plan for 2025, reflecting its commitment to enhancing shareholder returns and confidence in future growth [1][2]. Group 1: Dividend Plan Details - The company reported a net profit attributable to shareholders of 30,125,099.61 yuan for the first half of 2025, with total distributable profits of 371,367,723.36 yuan as per the lower of consolidated and parent company statements [1]. - The proposed dividend is set at 1.00 yuan per 10 shares, based on a total share capital of 320,000,000 shares, with adjustments to be made to maintain the total cash distribution [2]. Group 2: Legal and Compliance Aspects - The mid-term dividend plan complies with relevant laws, including the Company Law and the company's articles of association, ensuring no harm to minority shareholders [3]. - The plan was reviewed and approved by the Audit Committee, Independent Directors, Board of Directors, and Supervisory Board, confirming its legality and alignment with the company's strategic goals [4][5].

Group 1 - The company reported a net profit attributable to ordinary shareholders of -52,687,137.35 yuan for the first half of 2025, while the parent company achieved a net profit of 2,477,250.60 yuan [1] - As of June 30, 2025, the cumulative net profit available for distribution to investors in the consolidated financial statements was 224,112,175.52 yuan [1] - The proposed profit distribution plan is to distribute 1.18 yuan per share (including tax) to all shareholders based on the total share capital of 189,702,126 shares, with no bonus shares or capital reserve conversion [2] Group 2 - The profit distribution plan complies with relevant regulations including the Company Law and accounting standards, ensuring legality, compliance, and reasonableness [2] - The implementation of the profit distribution plan is subject to approval at the company's first extraordinary general meeting of 2025, indicating a level of uncertainty [2]

Core Viewpoint - The company has proposed a mid-year profit distribution plan for 2025, which includes a cash dividend of 0.06 yuan per share, subject to approval at the upcoming shareholder meeting [1][2][3] Summary by Sections Profit Distribution Plan - As of June 30, 2025, the company's net profit available for distribution to shareholders is 110,274,854.17 yuan [1] - The proposed cash dividend of 0.06 yuan per share (including tax) will be based on a total share capital of 400,100,000 shares, resulting in a total cash distribution of 24,006,000.00 yuan (including tax) [1] - The cash dividend represents 21.77% of the net profit attributable to shareholders for the first half of 2025 [1] Decision-Making Process - The board of directors approved the profit distribution plan during the tenth meeting of the third board on August 20, 2025, with a unanimous vote of 9 in favor [2] - The supervisory board also approved the profit distribution plan, emphasizing its alignment with the company's operational status and future funding needs, with a vote of 5 in favor [2] Additional Notes - The profit distribution plan considers the company's operational situation and future development needs, ensuring it does not significantly impact cash flow or normal operations [3] - The plan will be implemented only after receiving approval from the shareholders' meeting [3]

Core Viewpoint - Qingdao Rural Commercial Bank's board rejected a proposal for a third-quarter cash dividend submitted by shareholder Tongfayu, indicating a lack of support for mid-year dividends in the banking sector [1][2][6]. Group 1: Dividend Proposal Details - The proposal requested Qingdao Rural Commercial Bank to implement cash dividends for three consecutive years from 2025 to 2027, with a minimum payout of 30% of the third-quarter net profit [4]. - The proposal was submitted by Tongfayu on behalf of three private equity funds and 11 individual shareholders, although Tongfayu was not among the top ten shareholders as of the first quarter [3][5]. Group 2: Reasons for Dividend Proposal - The proposal was based on three main reasons: the bank's improved business scale and profitability, the need for a stable dividend policy to enhance investor confidence, and regulatory encouragement for increased cash dividends [5]. - The board's decision not to submit the proposal was attributed to regulatory violations, including the requirement for mid-year dividend authorization to be approved at the annual shareholders' meeting [7]. Group 3: Bank's Financial Performance - Qingdao Rural Commercial Bank's financial performance showed a decline in revenue and net profit in 2022, but it has since experienced double-digit growth in net profit for two consecutive years [8]. - In 2024, the bank reported revenue of 11.033 billion yuan, a year-on-year increase of 6.85%, and a net profit of 2.856 billion yuan, up 11.24% [8]. - The bank's non-performing loan ratio was 1.79% in 2024, which, despite a decline over three years, remains high compared to peers, impacting its ability to distribute dividends [8]. Group 4: Industry Context - The practice of third-quarter dividends is rare in the banking industry, with most banks typically announcing dividends during annual reports [9]. - Regulatory changes have encouraged banks to increase dividend frequency, with 23 out of 42 A-share listed banks announcing mid-term dividend plans, totaling over 250 billion yuan in cash distributions [9]. - Historical examples include Chongqing Bank and Shanghai Rural Commercial Bank, which have implemented third-quarter dividends in the past [10].

Core Viewpoint - The company has announced its 2025 semi-annual profit distribution plan, which includes a cash dividend of 0.50 yuan per 10 shares, reflecting its commitment to returning value to shareholders while ensuring sustainable business operations [1][2]. Group 1: Profit Distribution Plan - The company reported a net profit attributable to shareholders of 193,878,159.53 yuan for the first half of 2025, with a proposed cash dividend distribution of 167,282,821.40 yuan for the 2024 fiscal year [1]. - The cash dividend will be distributed based on the total share capital as of June 30, 2025, after deducting shares held in the company's repurchase account, totaling 1,672,828,214 shares [1]. - The distribution plan is set to be executed without issuing new shares or transferring capital reserves to share capital [1]. Group 2: Legality and Compliance of the Plan - The profit distribution plan complies with the conditions for mid-term dividends and falls within the authorized limits set by the shareholders' meeting, thus not requiring further approval [2]. - The plan has been developed considering the company's operational stability and long-term development, aligning with relevant regulations and guidelines from the China Securities Regulatory Commission [2]. - The implementation of the plan is not expected to adversely affect the company's liquidity or operational capabilities [2]. Group 3: Supervisory Board Opinion - The supervisory board has reviewed the profit distribution plan and confirmed its compliance with the Company Law, company articles, and relevant legal regulations, supporting the proposal as beneficial for both investors and the company's sustainable growth [2]. Group 4: Additional Information - The company has taken measures to control the dissemination of insider information and has informed relevant parties about confidentiality and insider trading prohibitions [3].

Group 1 - The company approved a cash dividend distribution plan for the first half of 2025, proposing a distribution of RMB 1.00 per 10 shares, totaling RMB 64,886,263.00, which accounts for 53.91% of the net profit attributable to shareholders [5][6]. - The total number of shares for the dividend distribution is 648,862,630, and no bonus shares will be issued [5][6]. - The company reported a net profit of RMB 59,520,994.15 for the first half of 2025, with a retained profit of RMB 135,250,542.18 at the end of the reporting period [5][6]. Group 2 - The company provided a guarantee of up to RMB 30 million for its subsidiary, Qingdao Lianxin Catalytic Materials Co., Ltd., to support its operational funding needs [9][10]. - The total guarantee amount for the company and its subsidiaries is expected to reach RMB 26 million, which is 9.54% of the audited net assets attributable to shareholders for the year 2024 [17]. - The company has no overdue guarantees or litigation related to guarantees, ensuring that the risks are manageable [17]. Group 3 - The company revised its articles of association to enhance governance, eliminating the supervisory board and transferring its responsibilities to the audit committee [18][19]. - The changes include replacing "shareholders' meeting" with "shareholders' assembly" and removing all references to the supervisory board [19].

Group 1 - The core viewpoint of the article highlights the increasing cash dividend awareness among listed companies in China, with a record total cash dividend of 2.4 trillion yuan for 2024, representing a 9% increase from 2023 [1] - Major companies such as China National Petroleum Corporation, Sinopec, and China Shenhua Energy are among those leading in cash dividends, with China National Petroleum Corporation distributing 86 billion yuan in 2024 [1] - The number of companies consistently paying dividends has risen, with 2,447 out of 4,445 companies listed for over three years having paid dividends for three consecutive years, marking a 12% increase from the previous year [2] Group 2 - The average dividend payout ratio for listed companies in 2024 is 39%, with 1,411 companies having an average payout ratio greater than 40%, a 24% increase from 2023 [2] - The trend of increasing dividend payments reflects a growing internal drive among companies to provide predictable cash flow returns to investors, contributing to higher quality development in the capital market [3] - The average dividend yield for 466 companies over the past three years exceeds 3%, with 133 companies yielding over 5%, indicating a significant advantage over some national bond yields [2]

Core Viewpoint - Qingdao Rural Commercial Bank's board of directors has decided not to submit a temporary proposal for cash dividends during the third quarter to the shareholders' meeting, citing regulatory compliance issues [1][4]. Group 1: Proposal Details - The temporary proposal was submitted by a shareholder group holding over 3% of Qingdao Rural Commercial Bank's shares, advocating for cash dividends based on the bank's strong financial performance and capital adequacy [1][2]. - The proposal suggests a cash dividend of no less than 30% of the net profit attributable to shareholders for the fiscal years 2025, 2026, and 2027, with specific conditions for determining the exact dividend amount [2][3]. Group 2: Regulatory Compliance - The board found that the proposal violated existing regulations regarding mid-term dividend authorizations, which must be reviewed at the annual shareholders' meeting [4]. - The board emphasized its commitment to high-quality development and sustainable value creation for shareholders while enhancing communication with them [4].

Group 1 - The core point of the announcement is the approval of the 2025 interim profit distribution plan by the company's board, which will be submitted for shareholder approval [1] - The total profit available for distribution to shareholders for the first half of 2025 is approximately 5.24 billion yuan, while the profit available for distribution from the parent company is approximately 590.23 million yuan [1] - The proposed cash dividend is 3.4835 yuan per 10 shares, totaling approximately 400.05 million yuan to be distributed to shareholders [1][2] Group 2 - The cash dividend plan will be adjusted if there are changes in the total share capital due to share buybacks, stock incentive plans, or refinancing [2] - The cash dividend amounts for previous years are as follows: 412.41 million yuan for 2024 and 369.51 million yuan for 2023 [2] - The company has completed share buybacks totaling approximately 153.09 million yuan in the first half of 2025 [2][3] Group 3 - The distribution plan complies with relevant regulations and guidelines, ensuring legality, compliance, and reasonableness [3] - The audit committee has approved the profit distribution plan, stating it aligns with the company's long-term development and does not harm the interests of shareholders, especially minority shareholders [3]