证券日报网讯1月8日，博深股份（002282）在互动平台回答投资者提问时表示，公司将坚持持续的分红 政策，根据股东回报规划，持续回报股东。 ...

中国人寿 20151223 摘要 中国人寿 2025 年开门红进展符合预期，预收预录表现良好，预计一季 度业绩积极。公司坚持多元化产品策略，积极推动浮动收益型产品转型， 旨在提升新单业务表现。预计 2026 年新单保费和信用价值将受益于 2025 年初的低基数效应。 中国人寿预计代理人数量保持稳定，个险渠道逐步恢复，质态数据稳步 提升。公司深化报行合一政策，通过佣金和费用递延，对代理人收入影 响有限，对产品盈利性变化不大。个险渠道仍是核心渠道，对保费、价 值及产品结构转型有重要贡献。 中国人寿将银保渠道定位为战略支撑，积极推动银保发展，预计 2026 年定存到期规模较大，银保发展空间广阔。公司积极探索与银行深度合 作，建立稳定合作关系和运营模式，与广发银行的合作已取得试点效应。 中国人寿 2025 年积极调整产品结构，推出分红险，预计 2026 年分红 险占比将进一步提高，但仍坚持多元化产品策略。分红险具有利率风险 共享功能，有效久期可能略短于传统增额寿险，但盈利性不显著低于传 统增额寿险。 Q&A 中国人寿在 2025 年开门红的准备情况如何？对 2026 年一季度的销售有何展 望？ 中国人寿一直以来都非常 ...

证券之星消息，民爆光电(301362)12月11日在投资者关系平台上答复投资者关心的问题。 投资者提问：你司大比例分红，实控人持股占比70%以上，分红七成以上分给了实控人，现在又用超募 资金补充永久流动性，你这是利益输送行为，你这公司自上市以来股价不仅长期超大幅背离任何相关板 块指数，远不如常年巨额亏损股，财报保留意见股，ST股以及被立案调查股，你司应当减少分红，用 超募资金回购股份注销。 民爆光电回复：尊敬的投资者您好，公司上市以来盈利稳定、现金流充裕，分红资金不影响公司正常经 营和未来发展。公司的分红方案符合有关法律法规和《公司章程》的相关规定，并经过合法程序审议。 分红政策与公司财务状况、发展阶段相匹配，分红政策面向全体股东，按持股比例分配，是共享公司发 展成果的体现。感谢您的建议。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Core Viewpoint - CICC has revised down the revenue forecast for China Education Holdings (00839) for the fiscal year 2026 by 4% to 7.77 billion yuan, and adjusted EBITDA forecast by 1% to 4.19 billion yuan, while introducing revenue and EBITDA forecasts for fiscal year 2027 at 8.16 billion yuan and 4.42 billion yuan respectively [1] Group 1: Financial Performance - For the fiscal year 2025, the company's revenue increased by 11.9% to 7.36 billion yuan, which is in line with CICC's expectations; adjusted EBITDA grew by 10.5% to 4.17 billion yuan, exceeding expectations due to better-than-expected cost control [2] - The company's gross profit margin for fiscal year 2025 was 53.3%, a decrease of 2.1 percentage points year-on-year; adjusted EBITDA margin was 56.6%, down 0.7 percentage points year-on-year [4] Group 2: Student Enrollment and Growth - As of August 31, 2025, the total number of full-time students increased by approximately 5% to 282,000; for the 2025/26 academic year, full-time student enrollment grew by 0.2%, with higher education enrollment increasing by 2.8% [3] Group 3: Capital Expenditure and Dividends - The company's total capital expenditure decreased by 45.2% year-on-year to 2.66 billion yuan; as of August 31, 2025, the interest-bearing debt ratio was approximately 26.0%, which is considered a healthy level [5] - The management indicated uncertainty regarding future dividend policies during the earnings call [5]

证券日报网讯华宝股份11月27日在互动平台回答投资者提问时表示，公司一直坚持稳健、持续的分红政 策，旨在与广大投资者分享经营成果，稳定投资者分红预期。未来，公司将在综合考虑经营情况、主营 业务发展需要、市场环境及监管要求等因素的基础上，审慎研究各项资本安排。若相关事项达到信息披 露标准，公司将及时在法定信息披露平台进行披露。 （文章来源：证券日报） ...

Core Viewpoint - The recent shareholder meeting of Gree Electric Appliances was characterized as a "friend meeting" rather than a traditional shareholder meeting, with a focus on open communication about the company's future strategies and performance [5][3]. Group 1: Shareholder Meeting Insights - The shareholder meeting held on November 24, 2023, in Zhuhai, saw over 70 shareholders in attendance, which was noted to be relatively low compared to previous meetings [3][5]. - Gree's Chairman, Dong Mingzhu, emphasized the importance of showcasing the new management team and allowing business leaders to address shareholder questions directly [5][6]. - The meeting included discussions on various topics such as product planning, channel transformation, dividend policies, and international expansion strategies [3][5]. Group 2: Dividend Policy - The meeting approved the 2025 interim profit distribution plan, which proposes a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan [6][8]. - Dong Mingzhu highlighted the company's commitment to dividends, noting that since its listing, Gree has raised 5 billion yuan but has distributed over 170 billion yuan in dividends [8]. - Gree's President, Zhang Wei, assured shareholders that the company would maintain a stable dividend policy, reflecting its commitment to investor returns [8]. Group 3: International Expansion and Product Strategy - Gree's international strategy was a key focus, with discussions on the company's performance in the Middle East and plans for expansion in Africa and Latin America [9]. - Zhang Wei reported a significant shift in Gree's export structure, with the proportion of self-owned brands in exports increasing from less than 30% to nearly 80% [9]. - The company is also making strides in industrial products and smart equipment, indicating a diversification of its business model beyond air conditioning [9].

Core Viewpoint - Gree Electric Appliances held its second extraordinary general meeting of shareholders for 2025, addressing various topics including product planning, channel transformation, dividend distribution, and international expansion [1]. Dividend Distribution - Gree Electric Appliances proposed a cash dividend of 10 yuan (including tax) for every 10 shares, totaling 5.585 billion yuan [5]. - The company has distributed over 170 billion yuan in dividends since its listing, despite raising only 5 billion yuan in funds [5]. - The company’s president emphasized that the commitment to high and stable dividends will not change, reflecting the company's operational philosophy [5]. Product and Channel Strategy - The sales director reported that since the launch of the "Dong Mingzhu Health Home" in February, over 1,000 stores have opened, with sales transitioning from a 70:30 ratio of air conditioners to non-air products to a 1:1 ratio in some cases [5]. - Gree is implementing a nationwide channel transformation aimed at flattening the structure, allowing direct communication between end distributors and headquarters [5]. Company Philosophy - The chairman stated that the success of a company is not solely based on specialization or diversification, but rather on focus, leveraging core technologies developed in the air conditioning sector to expand into refrigeration, heating, and home appliances [6].

Core Viewpoint - The article discusses the recent Gree Electric Appliances shareholder meeting, highlighting the company's strategic focus on international expansion, industrial equipment, and stable dividend policies, while showcasing a shift in management engagement with shareholders [1][2][10]. Group 1: International Expansion - The first focal point of the shareholder meeting was the company's international expansion strategy, particularly in emerging markets like Africa and Latin America [3]. - Gree's president, Zhang Wei, noted a significant shift in export structure, with self-owned brands now accounting for nearly 80% of exports, up from less than 30% [4]. - The company aims to enhance its brand presence in new markets, emphasizing that international expansion remains a critical growth area [4][6]. Group 2: Industrial Equipment and Smart Manufacturing - Gree Electric is advancing into the industrial equipment sector, which is viewed as an independent and essential segment rather than a mere extension of home appliances [7]. - The company has achieved notable breakthroughs in smart manufacturing, particularly with its five-axis gantry machining centers, which rank among the top three globally in the automotive parts processing sector [7]. - Gree aims for its industrial segment to exceed a scale of 100 billion yuan, utilizing a dual-channel approach of direct sales and agency partnerships [7][8]. Group 3: Dividend Policy - Gree Electric plans to distribute a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan for the 2025 mid-term profit distribution [10]. - Since its listing, Gree has distributed over 177.6 billion yuan in dividends, with more than 172.2 billion yuan distributed since 2012 [10][11]. - The company maintains a commitment to high and stable dividend trends, which is a key focus for shareholders [12]. Group 4: Management Engagement and Strategy - The shareholder meeting featured a more engaged management team, with Zhang Wei emphasizing the importance of showcasing the capabilities of different business leaders [2]. - Gree's chairman, Dong Mingzhu, highlighted the company's commitment to quality and the importance of maintaining a balance between product development and shareholder returns [15]. - The company is also undergoing a channel transformation to a flatter structure, allowing direct connections between end distributors and headquarters [13].

Core Viewpoint - Gree Electric Appliances held its second extraordinary shareholders' meeting for 2025, focusing on strategic discussions about its future growth, including international expansion and diversification into industrial equipment and smart ecosystems [1][3]. Group 1: Shareholder Meeting Highlights - The attendance at the meeting was relatively low, with only about 70 shareholders present, but the engagement level was high, with numerous questions directed at the management team [1]. - Chairman Dong Mingzhu emphasized the importance of showcasing the new management team and their responsibilities in various fields [3]. Group 2: International Expansion - Gree's international strategy has shifted from OEM to focusing on its own brand, with the proportion of self-owned brands in exports increasing from less than 30% to nearly 80% [4]. - The company aims to balance the development of self-owned brand channels in emerging markets, indicating that international expansion remains a key growth area [4][5]. Group 3: Industrial Equipment and Smart Ecosystems - Gree Electric is not only focusing on home appliances but is also making significant strides in the industrial equipment sector, with expectations for this segment to exceed 100 billion yuan [5]. - The company is utilizing a dual-channel approach of direct sales and agency models for its industrial products, leveraging existing home appliance channels for synergy [5]. Group 4: Dividend Policy - Gree plans to distribute a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan, continuing its trend of stable dividends [6]. - Since its listing, Gree has distributed over 177.6 billion yuan in dividends, with a significant portion occurring since 2012 [6][7]. - The company remains committed to maintaining a high and stable dividend policy, which is closely tied to its operational philosophy [7]. Group 5: Sales and Channel Reform - Gree's new sales initiative, "Dong Mingzhu Health Home," has seen over 1,000 stores opened since its launch, indicating a shift in sales strategy [8]. - The company is pursuing a flat channel reform to eliminate middle layers, allowing direct connections between end distributors and headquarters [8]. Group 6: Quality and Product Focus - Dong Mingzhu reiterated that Gree's international efforts are not just about products but also about enhancing the reputation of Chinese manufacturing, emphasizing quality over cost-cutting [9]. - The company believes that its success in various fields stems from its core technology in air conditioning, which has allowed it to expand into other areas like refrigeration and heating [10].

Group 1: Supermarket Transformation - In 2024, the company actively innovated and transformed its supermarket format, launching nine lifestyle theme pavilions and one full warehouse fulfillment center, with the first SP@CE3.0 located in Shenzhen Baoan Tianhong Shopping Center [2] - The company standardized the transformation of six stores based on size and physical structure, including locations in Shenzhen, Xiamen, Nanchang, and Beijing, and partially transformed 18 additional stores [2] - The company deepened end-to-end management of the vertical supply chain to enhance product quality and promote superior products across national stores to better meet customer needs [2] Group 2: Dividend Policy - The company has consistently implemented an active cash dividend policy, focusing on reasonable returns for investors, especially long-term investors [2] - Prior to 2020, the annual cash dividend amount accounted for approximately 50% of the net profit attributable to ordinary shareholders in the consolidated financial statements [2] - In 2024, the cash dividend distribution amount accounted for 91.41% of the net profit attributable to the parent company's shareholders [2] - The company plans to propose dividend schemes based on profit distribution policies and operational needs in the future [2] Group 3: Compliance and Transparency - During the reception process, the company strictly adhered to relevant regulations, ensuring no leakage of undisclosed significant information occurred [3] - The company signed a research commitment letter as required by the Shenzhen Stock Exchange [3]