Qingdao Haier Biomedical Announces Shareholder Dividend Plan for the Next Three Years

Zhongfang.com data
Qingdao Haier Biomedical Co., Ltd. recently reviewed and approved the《Three-Year Shareholder Dividend Reinvestment and Return Plan for the Future (2026-2028)》，clarifying the profit distribution policy framework for the coming three years. The plan emphasizes implementing an active, continuous, and stable profit distribution policy, adhering to the basic principle of prioritizing cash dividends.

According to the plan, subject to meeting the conditions for cash dividends, each year the company will distribute profits in cash in an amount not less than 10% of the profits available for distribution achieved in the current fiscal year. If the company has losses from prior years that have not been offset, the cash dividend payout ratio shall not be less than 10% of the profits available for distribution after offsetting the losses. At the same time, the plan specifies differentiated cash dividend payout ratios: when the company’s development stage is in the mature phase and there are no major capital expenditure plans, the cash dividend payout ratio must be at least 80%; when the company is in the mature phase but has major capital expenditure plans, the minimum must be 40%; when the company is in the growth phase and has major capital expenditure plans, the minimum must be 20%.

The plan also sets out the specific conditions for cash dividends, including that the distributable profit achieved in the company for that fiscal year or half-year must be positive, that cash flow is sufficient, that the cumulative profits available for distribution are positive, and that there is no major investment plan or major capital expenditure item (excluding fund-raising projects) that would affect the company’s continued operations. In addition, while ensuring the distribution of sufficient cash dividends, the company may, based on circumstances, consider implementing stock dividends or transferring capital reserve funds for conversion into shares.

The profit distribution proposal will be drafted by the company’s management and the board of directors, and after being reviewed by the board of directors, it will be submitted to the shareholders’ meeting for approval. If it is necessary to adjust the profit distribution policy, the relevant proposal must be passed by more than two-thirds of the voting rights held by the shareholders attending the shareholders’ meeting. The company should provide online voting methods so that minority shareholders can participate in the voting. This plan aims to establish a continuous, stable, and scientific return mechanism for investors, balancing the company’s long-term development with the overall interests of shareholders.

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