[Temporary Announcement] Ye Guangming: Announcement of the 2026 Semi-annual Equity Distribution Plan
Securities code: 920527 Securities abbreviation: Ye Guangming Announcement number: 2026-079
Zhejiang Yeguangming Optoelectronics Technology Co., Ltd.
Announcement of the 2026 Semi-annual Equity Distribution Plan
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions, and bear individual and joint legal liability for the authenticity, accuracy and completeness of the contents.
1. Equity distribution plan
According to the company's 2026 semi-annual report disclosed on August 20, 2026 (the financial report has not been audited, and the company has no subsidiaries included in the consolidated statements), as of June 30, 2026, the listed company's undistributed profits were 136,205,459.08 yuan.
The company's equity distribution plan is as follows: The company's current total share capital is 60,042,700 shares, based on 59,246,596 shares after deducting 796,104 shares in the special repurchase account, and will distribute a cash dividend of 1.00 yuan (including tax) to all shareholders for every 10 shares based on undistributed profits. A total of RMB 5,924,659.60 in cash dividends is expected to be distributed during this equity distribution.
The company will use the number of shares to be distributed on the equity registration date when the equity distribution is implemented as the base number. If the number of shares to be distributed on the equity registration date is inconsistent with the current estimate, the company will maintain the distribution ratio unchanged and adjust the total distribution amount accordingly. The actual distribution results are subject to the accounting results of the Beijing Branch of China Securities Depository and Clearing Co., Ltd.
2. Deliberation and voting status
(1) Review and voting status of the board of directors
This equity distribution plan was reviewed and approved by the company's board of directors held on August 20, 2026. The proposal still needs to be submitted to the company's third extraordinary shareholders' meeting in 2026 for review. The final plan will be subject to the review results of the shareholders' meeting.
(2) Opinions of independent directors
This equity distribution plan was reviewed and approved at the 12th special meeting of independent directors of the fourth session of the board of directors held on August 10, 2026. After careful review by all independent directors, they unanimously believed that the company's 2026 semi-annual profit distribution plan comprehensively considered the company's profitability and cash flow situation, was in line with the profit distribution policy stipulated in the company's articles of association, was conducive to the company's sustained, stable and healthy development, and did not harm the interests of the company and shareholders.
3. Explanation of Profit Distribution Clauses in the Company’s Articles of Association
According to the provisions of the "Articles of Association" and "Profit Distribution Management System", the company's profit distribution policy is:
Article 166 The company’s specific profit distribution policies are as follows: (1) Form of profit distribution: The company may distribute profits in cash, stocks, a combination of cash and stocks, or other methods permitted by laws and regulations. When a company distributes profits, the company's board of directors should comprehensively consider factors such as the characteristics of the industry, its development stage, its own business model, profitability level, and whether there are major capital expenditure arrangements, and formulate a reasonable profit distribution plan. Undistributed distributable profits for the current year can be reserved for distribution in subsequent years. If the conditions for cash dividends are met, cash dividends should be used first to distribute profits; if after distributing profits in cash, the company still has profits available for distribution, and the board of directors believes that issuing stock dividends is beneficial to the overall interests of all shareholders of the company, the company can use stock dividends to distribute profits. In principle, the company distributes profits once a year; if conditions permit, the company may distribute mid-term cash dividends or stock dividends.
(2) The company's implementation of cash dividends should meet the following conditions and proportions: The company can distribute dividends in cash if the company is profitable for the year, the accumulated undistributed profits are positive, and there are no major investment plans or major cash expenditures that affect profit distribution. If a company meets the conditions for cash dividends, it will first distribute dividends in cash, and the cumulative profits distributed in cash every year shall not be less than 10% of the distributable profits realized in that year. The specific proportion of profits distributed in cash will be formulated by the board of directors based on the company's operating conditions and relevant regulations, and will be implemented after review and approval by the shareholders' meeting.
(3) Conditions for the company to issue stock dividends: When the company is profitable for the year and the cumulative undistributed profits are positive, the company can distribute dividends by issuing stock dividends and other methods based on the cumulative distributable profits, provident funds and cash flow conditions, and on the premise of ensuring that the minimum cash dividend ratio and the company's total number of shares are reasonable, in order to keep the expansion of the total number of shares consistent with performance growth. When the company determines the specific amount of profits to be distributed by issuing stock dividends, it should fully consider whether the total number of shares after distributing profits by issuing stock dividends matches the company's current business scale and profit growth rate to ensure that the distribution plan is in line with the overall interests of all shareholders.
Article 167 The company's board of directors shall propose and formulate a profit distribution plan based on the profit situation, capital supply and demand, and fully discuss its rationality. The profit distribution plan shall be submitted to the shareholders' meeting for review after being reviewed and approved by the board of directors. When the shareholders' meeting reviews the profit distribution plan, the company should proactively communicate with shareholders, especially small and medium-sized shareholders, through multiple channels, fully listen to the opinions and demands of small and medium-sized shareholders, and respond to issues of concern to small and medium-sized shareholders in a timely manner.
Article 168 If the company really needs to adjust or change the profit distribution policy stipulated in the Articles of Association due to major changes in the external operating environment or its own operating conditions, it must be submitted to the shareholders' meeting for review after being reviewed and approved by the board of directors, and must be approved by more than two-thirds of the voting rights held by shareholders (or shareholders' agents) present at the shareholders' meeting. The adjusted profit distribution policy shall not violate the relevant regulations of the China Securities Regulatory Commission and the Beijing Stock Exchange.
4. Fulfillment of Commitments
Up to now, the company or relevant entities have made public commitments on profit distribution, and the relevant commitments have been fulfilled.
5. Others
Before the disclosure of this equity distribution plan, the company strictly controlled the scope of insiders of inside information, and fulfilled the obligation to keep confidential and strictly prohibit insider trading to insiders.
This plan still needs to be reviewed and approved by the shareholders' meeting, and there is uncertainty. This equity distribution plan will be implemented within 2 months after the decision-making process is passed.
Investors are kindly requested to pay attention to investment risks.
6. Documents for reference
(1) "Resolution of the 21st Meeting of the Fourth Board of Directors of Zhejiang Yeguangming Optoelectronics Technology Co., Ltd.";
(2) "Resolution of the 12th Special Meeting of Independent Directors of the Fourth Board of Directors of Zhejiang Yeguangming Optoelectronics Technology Co., Ltd.";
(3) "Resolution of the 15th Meeting of the Audit Committee of the 4th Board of Directors of Zhejiang Yeguangming Optoelectronics Technology Co., Ltd."
Board of Directors of Zhejiang Yeguangming Optoelectronics Technology Co., Ltd.
August 20, 2026