Yaoshi Technology: Announcement on the company’s 2025 profit distribution plan and 2026 mid-term dividend authorization
Securities code: 300725 Securities abbreviation: Yaoshi Technology Announcement number: 2026-015
Nanjing Yaoshi Technology Co., Ltd.
Announcement on the company’s 2025 profit distribution plan and 2026 interim dividend authorization
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:
This distribution plan is to distribute a cash dividend of RMB 2.80 (tax included) for every 10 shares.
This profit distribution plan is planned to be based on the total share capital minus the shares repurchased in the company's repurchase account as of the equity registration date. The specific date will be clarified in the equity distribution implementation announcement. If the company's total share capital changes before the equity registration date for implementing equity distribution, the company will disclose the distribution ratio calculated based on the company's latest total share capital in the company's profit distribution implementation announcement in accordance with the principle of "the total amount of cash dividends, the total amount of bonus shares, and the total amount of capital reserve converted into share capital are fixed."
The company's profit distribution plan does not involve other risk warning situations that may be implemented as stipulated in Article 9.4 of the "Shenzhen Stock Exchange GEM Stock Listing Rules".
1. Review procedure
Nanjing Yaoshi Technology Co., Ltd. (hereinafter referred to as the "Company") held the 13th meeting of the fourth board of directors on April 21, 2026, and reviewed and approved the "Proposal on the Company's 2025 Profit Distribution Plan and the 2026 Interim Dividend Authorization". This proposal still needs to be submitted to the company's shareholders' meeting for review.
2. Basic information on the profit distribution plan for 2025
This profit distribution plan is for 2025.
As verified by Beijing Xinghua Accounting Firm (Special General Partnership), the company achieved a net profit of RMB 183,735,514.39 attributable to the owners of the parent company in 2025, of which the net profit of the parent company was RMB 105,393,620.39. According to the principle that profit distribution should be based on the lower of the distributable profit of the parent company and the distributable profit of the consolidated financial statements, the profit available for distribution this time is 966,525,027.58 yuan.
The profit distribution plan for 2025 drawn up by the company's board of directors: It is planned to use the company's total share capital as of March 31, 2026 of 233,807,341 shares, after deducting the 836,090 shares that have been repurchased by the company's special repurchase securities account, the base number of distributed shares is 232,971,251 shares, and a cash dividend of 2.80 per 10 shares will be distributed to all shareholders. Yuan (including tax), without converting capital reserve into share capital and issuing bonus shares, a total cash dividend of RMB 65,231,950.28 (including tax) was distributed.
Total cumulative cash dividends and share repurchases in 2025
(1) Except for the 2025 profit distribution plan to be implemented above, the company has not implemented other profit distribution plans in 2025.
(2) In 2025, the company did not implement share repurchase.
(3) The total amount of cash dividends and share repurchases for the year was 65,231,950.28 yuan, which accounted for 35.50% of the net profit attributable to shareholders of listed companies for the year.
In 2025, the company did not issue bonus shares or convert capital reserve funds into share capital.
If the company's total share capital changes between the date of disclosure of the profit distribution plan and the equity registration date for the implementation of equity distribution, the company will disclose the distribution ratio calculated based on the company's latest total share capital in the company's profit distribution implementation announcement in accordance with the principle of "the total amount of cash dividends, the total amount of bonus shares, and the total amount of capital reserve converted into share capital are fixed."
3. Details of cash dividend plan
(1) The 2025 cash dividend plan does not involve other risk warning situations
Project 2025 2024 Total cash dividends in 2023 (yuan) 65,231,950.28 55,690,204.92 61,636,856.08
Total amount of repurchase and cancellation (yuan) 0 0 0 belongs to the shareholders of the listed company
183,735,514.39 219,539,833.88 Net profit of 197,360,947.76 (yuan)
R&D investment (yuan) 108,717,103.68 107,330,053.84 169,173,650.38
Operating income (yuan) 1,974,477,816.91 1,688,619,647.07 1,725,203,986.49 Consolidated statements accumulated at the end of the year
1,713,332,351.20
Undistributed profits (yuan)
Parent company's financial statements for the current year
966,525,027.58
Undistributed profits (yuan)
Whether the listing has been completed for three complete meetings
Yes
Calculation year
The cumulative total of the last three fiscal years
182,559,011.28
Total cash dividends (yuan)
The cumulative total of the last three fiscal years
Total amount of repurchase and cancellation (yuan)
The average of the last three fiscal years
200,212,098.6767
Net profit (yuan)
The cumulative total of the last three fiscal years
Total cash dividends and repurchase notes 182,559,011.28
Total sales (yuan)
The cumulative total of the last three fiscal years
385,220,807.90
Total R&D investment (yuan)
The cumulative total of the last three fiscal years
Total R&D investment accounts for
7.15%
Proportion of operating income
(%)
Whether it touches the "GEM Stocks"
Article 9.4 (8) of the Municipal Rules
No
This provision may be implemented
Other risk warning situations
The company's net profit in the most recent fiscal year is positive, and the undistributed profits at the end of the consolidated statement and the parent company's statement are both positive. The cumulative cash dividend amount in the past three fiscal years is 182,559,011.28 yuan, accounting for 91.18% of the average annual net profit in the past three fiscal years, which is higher than 30% of the average annual net profit in the past three fiscal years. It does not touch Article 9.4 of the "Shenzhen Stock Exchange GEM Stock Listing Rules" Other risk warning situations may be implemented as specified in item (8) of this article.
(2) Reasonable explanation of cash dividend plan
The profit distribution plan for 2025 complies with laws and regulations such as the Company Law, Supervision Guidelines for Listed Companies No. 3 - Cash Dividends of Listed Companies, and the Articles of Association, and takes into account factors such as the company's profitability, cash flow status, long-term development and shareholder returns. It is conducive to the company's sustained and stable development and the sharing of the company's operating results by all shareholders. This profit distribution plan is legal, compliant and reasonable.
The company's audited trading financial assets, derivative financial assets (except hedging instruments), debt investments, other debt investments, other equity instrument investments, other non-current financial assets, and other current assets (excluding assets related to operating activities such as value-added tax to be deducted, prepaid taxes, contract acquisition costs, etc.) in 2024 and 2025 were calculated and presented in total. 3,271,164,604.59 yuan, which accounted for 22.29% and 44.57% of the total assets of the year respectively, both lower than 50%.
4. Authorize the board of directors to formulate an interim dividend plan for 2026
In order to improve the level of investor returns and improve the efficiency of the company's dividend decision-making, the shareholders' meeting is requested to authorize the company's board of directors to formulate and implement a specific 2026 mid-term dividend plan within the scope of authorization when conditions permit for the 2026 mid-term dividend (the first half of 2026 or the third quarter of 2026). The specific arrangements are as follows:
- Prerequisites
(1) The company has distributable profits after making up for losses and withdrawing provident funds in accordance with the law;
(2) The company’s cash flow can meet the needs of normal operations and sustainable development.
- Dividend cap
The upper limit of the amount of dividends shall not exceed the net profit attributable to shareholders of the listed company during the corresponding reporting period.
- Authorization period
From the date of review and approval at the 2025 Annual Shareholders Meeting to the date the above authorized matters are completed.
- Risk warning
Requesting the shareholders' meeting to authorize the board of directors to formulate a 2026 interim dividend plan does not constitute the company's substantive commitment to implement dividends in the 2026 interim year. If authorized by the 2025 annual shareholders' meeting, the company's board of directors will comprehensively consider the actual operating performance, capital turnover needs, medium and long-term development plans and undistributed profits in the 2026 interim period, and make a prudent decision on whether to distribute dividends and the specific dividend plan. There is uncertainty about whether to implement interim dividends in the future. Investors are advised to pay attention to investment risks.
5. Documents for reference
Resolution of the 13th meeting of the 4th board of directors of Nanjing Yaoshi Technology Co., Ltd.
Announcement is hereby made.
Board of Directors of Nanjing Yaoshi Technology Co., Ltd.
April 22, 2026