“Dividend Policy”


The dividend policy stipulated in the Company’s Articles of Incorporation:

The Company's dividend policy is formulated in line with the current and future development plans, taking into account the investment environment, capital requirements, and domestic and international competition, while also considering the interests of shareholders. Each year, no less than 10% of the distributable earnings shall be allocated for shareholder dividends, which may be distributed in the form of stock or cash.

To maintain a balanced and stable dividend policy, the cash portion of dividends shall not be less than 10% of the total dividends. However, this requirement may be waived if the Board of Directors resolves not to distribute dividends and the decision is approved by the shareholders’ meeting.

When there is no profit, dividends shall not be distributed. Nevertheless, based on the Company’s financial, business and operational considerations, all or part of the legal reserves and capital surplus may be distributed in accordance with the relevant laws or the requirements of the competent authority.


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