Hainan Haiyao: Plan for profit distribution in 2025
Securities code: 000566 Securities abbreviation: Hainan Haiyao Announcement number: 2026-019
Hainan Haiyang Co., Ltd.
Plan for profit distribution in 2025
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and contains no false records, misleading statements or major omissions.
Special tips:
The 2025 profit distribution plan of Hainan Haiyang Co., Ltd. (hereinafter referred to as the "Company") is as follows: no cash dividends, no bonus shares, and no capital reserve funds will be converted into share capital.
The company’s profit distribution plan for 2025 still needs to be submitted to the 2025 shareholders’ meeting for review.
1. Review procedure
Hainan Haiyao Co., Ltd. held the 33rd meeting of the 11th Board of Directors on April 9, 2026, and reviewed and approved the "Profit Distribution Plan for 2025". This plan still needs to be submitted to the 2025 shareholders' meeting for review. The special instructions for the distribution plan are now announced as follows:
2. Basic information on profit distribution and conversion of capital reserve funds into share capital plan
China Shen Zhonghuan Accounting Firm (Special General Partnership) issued a standard unqualified audit report for the company's 2025 financial report. After the audit by China Shen Zhonghuan Accounting Firm, the company achieved a net profit attributable to shareholders of the listed company of -429,990,843.42 yuan in 2025. In accordance with the relevant provisions of the "Company Law" and the "Articles of Association", and taking into account the company's actual development and operation conditions, the company's board of directors has formulated a profit distribution plan for 2025 as follows: no cash dividends, no bonus shares, and capital reserve funds will not be converted into share capital.
3. Details of cash dividend plan
(1) Whether other risk warning situations may be involved
Items Current year Previous year Total cash dividends for the previous year (yuan) 0 0 0 Total repurchase and cancellation (yuan) 0 0 0 Net profit attributable to shareholders of listed companies
-429,990,843.42 -1,525,200,923.81 -106,488,625.88 (yuan)
The accumulated undistributed profit at the end of the year in the consolidated statement was -4,059,117,071.57 yuan (yuan)
The parent company’s statement shows that the accumulated balance at the end of the year is not divided
-2,194,407,355.48 allocation profit (yuan)
Whether it has been listed for three complete fiscal years Yes □No
Cumulative cash points for the past three fiscal years
Total amount of red money (yuan)
Cumulative repurchase notes in the past three fiscal years
Total sales (yuan)
Average net profit for the past three fiscal years
-687,226,797.7033 (yuan)
Cumulative cash points for the past three fiscal years
0.00 Total amount of red and repurchase cancellation (yuan)
Whether it touches Article 1 of the Stock Listing Rules?
Item 9.8.1 Item (9) may □Yes No
Other risk warning situations can be implemented
(2) Reasonable explanation of cash dividend plan
According to the "Business Accounting Standards" issued by the Ministry of Finance, "Shenzhen Stock Exchange Self-Discipline Supervision Guidelines for Listed Companies No. 1 - Standardized Operations of Main Board Listed Companies" and "Listed Company Supervision Guidelines No. 3 - Cash Dividends by Listed Companies" and other regulations, when listed companies formulate profit distribution plans, they should be based on the distributable profits in the parent company's statements. In 2025, the parent company achieved a net profit of -392,681,767.03 yuan. Adding the undistributed profit at the beginning of the year -1,801,725,588.45 yuan, the profit available for distribution to shareholders this time is 0 yuan.
At the same time, in accordance with the relevant provisions of the company's articles of association, combined with the company's actual development and operation conditions, and taking into account the large amount of funds required for the company's research and development (including clinical trials of innovative drugs and consistency evaluation of generic drugs), sales team and channel construction, production and operations, etc., in order to ensure the company's capital needs for production and operation management and the smooth implementation of the medium- and long-term development strategy, and to ensure the company's sustained and steady development, no profit distribution will be carried out in 2025 to protect the company's long-term development and provide investors with more stable and long-term returns.
In the future, the company will continue to attach great importance to returns to investors, strictly comply with relevant laws and regulations and the Articles of Association, comprehensively consider various factors related to profit distribution, and actively perform the company's profit distribution obligations from the perspective of benefiting the company's development and investor returns, and share the results of the company's development with investors.
4. Documents for reference
"Resolution of the 33rd Meeting of the 11th Board of Directors"
Announcement is hereby made.
Board of Directors of Hainan Haiyang Co., Ltd.
April 11, 2026