Yangtze Power responds to the change in dividend commitment: The high dividend strategy has not changed, and may be higher than 70%

On May 7th, at the Yangtze River Power 2024 and 2025 first quarter performance briefing, management stated, "The 70% dividend plan is uncertain whether it will be included in the company's articles of association again." This news has attracted widespread attention from investors. In response, a relevant person in charge of the Yangtze River Power Board of Directors stated, "The company made a 10-year dividend commitment in 2016, which will expire at the end of 2025. As for the subsequent dividend plan, the company has not yet provided clear guidance, but the company's high dividend strategy remains unchanged." Regarding whether the company's future dividend ratio will be less than 70%, the person in charge stated, "It may be higher than 70%. In recent years, our dividend ratio has never been lower than 70%."