China Merchants Shekou Industrial Zone Holdings (001979.SZ): The cash dividends for the years 2026 to 2028 shall not be less than 40% of the net profit attributable to the parent company for the respective years.
China Merchants Shekou (001979.SZ) announced that the company has formulated a "Three-Year Shareholder Dividend Return Plan for the Future (2026-2028)". The plan states that when the company's undistributed profits are positive, and the current distributable profits (the profits left after offsetting losses and extracting reserves) are positive, and the audit institution issues a standard unqualified audit report on the company's annual financial report, and there are no major investment plans or major cash expenditures (excluding fundraising projects), and the company's profit level and cash flow can meet the company's continuous operation and long-term development, the company will generally distribute cash dividends annually. The cash dividends for the years 2026 to 2028 shall not be less than 40% of the net profit attributable to the shareholders of the listed company for that year.
China Merchants Shekou Industrial Zone Holdings (001979.SZ) announced that the company has formulated a "Shareholder Dividend Return Plan for the Next Three Years (2026-2028)". This plan stipulates that when the undistributed profits of the company are positive, and the distributable profits for the current period (i.e. the after-tax profit remaining after making up losses and extracting statutory reserves) are positive, and the audit firm issues a standard unqualified audit report on the company's financial statements for the year, and there are no significant investment plans or major cash outflows (excluding fundraising projects), and the company's profitability and cash flow can meet the company's continued operation and long-term development, the company will generally distribute cash dividends once a year. The cash dividends for the years 2026 to 2028 shall not be less than 40% of the net profit attributable to the shareholders of the listed company for that year.
The announcement mentioned that from January 1, 2025 to December 31, 2025, the company's stock price had been lower than the audited net asset value per share attributable to the company's common stockholders for the most recent accounting year for 12 consecutive months. From January 1, 2025 to March 17, 2025, the audited net asset value per share attributable to the company's common stockholders was 10.89 yuan/share, and the company's stock price ranged from 9.30 yuan/share to 10.22 yuan/share on trading days. From March 18, 2025 to December 31, 2025, the audited net asset value per share attributable to the company's common stockholders was 10.92 yuan/share, and the company's stock price ranged from 8.51 yuan/share to 10.27 yuan/share on trading days.
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