Jiuhua Tourism: In the next three years, the annual cash dividend will be no less than 20% of the net profit.

date
21/05/2025
Jiuhua Tourism Announcement: The company has formulated a three-year plan for shareholders' dividend returns. The company should maintain the continuity and stability of profit distribution policy, with cash dividends not less than 20% of the distributable profits realized in the current year. The board of directors should consider the industry characteristics, development stage, operating mode, profit level, and whether there are significant capital expenditure arrangements, distinguish the following situations, and propose differentiated profit distribution policies and cash dividend policies according to the procedures specified in the company's articles of association: 1. If the company is in the mature stage of development and there are no significant capital expenditure arrangements, the cash dividend should account for at least 80% of the profit distribution; 2. If the company is in the mature stage of development and there are significant capital expenditure arrangements, the cash dividend should account for at least 40% of the profit distribution; 3. If the company is in the growth stage of development and has significant capital expenditure arrangements, the cash dividend should account for at least 20% of the profit distribution.