Investor​

In accordance with Articles 20 and 21 of the Company’s Articles of Incorporation, the Company’s annual surplus, after payment of taxes and offsetting accumulated losses, shall allocate 10% as legal reserve, unless the reserve has reached the Company’s paid-in capital. After setting aside or reversing special reserves as required by law, the remaining undistributed earnings together with the beginning retained earnings constitute the distributable earnings for shareholders. The Board proposes a dividend distribution plan for approval by the Shareholders’ Meeting.

The Company’s dividend policy considers current and future development plans, investment environment, capital needs, and domestic and international competition, while safeguarding shareholders’ interests. Dividends shall be no less than 10% of distributable earnings and may be paid in cash or stock, unless otherwise approved by the Board and the Shareholders’ Meeting. To maintain a stable dividend policy, cash dividends shall account for at least 10% of the total dividends, unless waived by Board resolution and approved by the Shareholders’ Meeting.