
Core Viewpoint - The company has approved a profit distribution plan for the year 2024, proposing a cash dividend of 0.50 yuan per 10 shares, amounting to a total of 246,118,558.80 yuan, which represents 39.54% of the net profit attributable to shareholders for the year [1][2][3] Summary by Sections 1. Approval Process - The profit distribution plan was approved at the 24th meeting of the 10th Board of Directors with unanimous consent [1] 2. Profit Distribution Plan Details - The audited net profit attributable to shareholders for 2024 is 622,427,699.65 yuan, with a cumulative undistributed profit of 6,055,339,906.81 yuan at year-end [1] - The mother company reported a net profit of 1,090,353,013.63 yuan, from which a statutory surplus reserve of 109,035,301.36 yuan will be deducted [1] - The proposed cash dividend is based on a total of 4,922,371,176 shares, with a total cash dividend distribution of 246,118,558.80 yuan (including tax) [1][2] 3. Cash Dividend Comparison - The total cash dividend for 2024 is significantly lower than the previous year's 693,579,557.10 yuan, marking a decrease [2] - The cumulative undistributed profits at the end of 2024 are reported as 6,055,339,906.81 yuan for the consolidated statements and 7,370,940,980.89 yuan for the mother company [2] 4. Compliance and Risk Assessment - The cash dividend plan complies with relevant laws and regulations, including the Company Law and Securities Law, and aligns with the company's profit distribution policy [3] - The company has maintained a positive profit status over the past three years, ensuring that the cumulative cash dividends have not fallen below 30% of the average net profit for the last three years [3]