厦门港务发展股份有限公司2025年度暂不进行利润分配专项说明

关键要点摘要

• 厦门港务发展股份有限公司（证券代码：000905）宣布2025年度暂不进行利润分配。
• 2025年度归属于上市公司股东的净利润为2.06亿元，母公司净利润为1.66亿元。
• 截至2025年末，母公司累计可供股东分配利润高达25.06亿元。
• 公司正在进行股份发行及支付现金购买资产并募集配套资金的重大交易，相关新股发行尚未完成。
• 董事会审议通过暂不分配利润，承诺将在新股发行完成后重新审议利润分配方案。
• 未分配利润将用于公司日常经营及新项目投入，保障公司长期发展。
• 公司承诺严格信息披露，提醒投资者关注后续公告。

详细内容解读

厦门港务发展股份有限公司于2026年3月13日召开董事会，审议通过了《关于2025年度利润分配方案的议案》，决定2025年度暂不进行利润分配。公司2025年实现归属于上市公司股东的净利润为205,732,791.12元，母公司净利润为166,269,205.69元。根据法律及公司章程规定，提取法定盈余公积金1,6626万元。加上年初未分配利润24.38亿元，扣除2025年已分配股利8160万元（含2024年度和2025年半年度），最终母公司累计可供股东分配利润为25.06亿元。

公司当前正处于重大资产重组阶段，涉及发行股份及支付现金购买资产并募集配套资金。该交易已于2026年2月13日获中国证监会批复，并于2月27日完成标的资产过户手续，但新股发行尚未完成。为了保障新股发行顺利实施，兼顾公司发展与股东利益，董事会决定暂不进行2025年度利润分配。公司表示将在新股发行完成后，另行召开董事会和股东大会重新审议利润分配方案。

对股东的影响及潜在价格敏感信息

• 利润分配推迟：公司拥有大额可分配利润，但因重大资产交易进展，暂不分配2025年度利润。这会影响投资者的现金回报预期，可能对股价造成波动。
• 重大资产重组：公司正在办理新股发行，属于价格敏感信息。新股发行完成后，利润分配方案有望重新审议，投资者应密切关注后续公告。
• 未分配利润用途：未分配利润将用于日常经营和新项目投入，显示公司重视长远发展，但短期内现金分红缺失。
• 合规与保护中小股东：董事会声明利润分配方案符合公司法、监管指引和公司章程，未损害中小股东合法权益，有利于公司持续稳定发展。
• 信息披露和风险提示：公司严格控制内幕信息，提醒投资者关注后续公告，注意投资风险。

后续安排及风险提示

公司承诺在新股发行完成后，尽快按监管部门要求和公司章程安排2025年度利润分配事宜。投资者需关注公司交易进展和后续利润分配公告。当前利润分配推迟虽合规，但短期内现金分红缺失，或对投资者情绪及股价产生影响，尤其是关注分红回报的投资者。

结语

厦门港务发展股份有限公司暂不分配2025年度利润，是为保障重大资产重组顺利实施及公司长期发展。公司拥有充足可分配利润，未来分红仍存在可能。投资者需密切关注公司新股发行进展及后续利润分配公告，此事项具备价格敏感性，可能影响股价表现。

免责声明

本报道基于公司公告及相关披露文件，仅供参考，并不构成投资建议。投资者应根据自身情况及风险承受能力，谨慎决策。公司后续公告可能影响实际情况，敬请关注。

Xiamen Port Development Co., Ltd. Detailed Explanation on the 2025 No Dividend Plan

Key Points Summary

• Xiamen Port Development (stock code: 000905) announced that it will not distribute profits for 2025.
• Net profit attributable to listed company shareholders in 2025: RMB 205.7 million; parent company net profit: RMB 166.3 million.
• As of the end of 2025, parent company’s cumulative distributable profits reach RMB 2.51 billion.
• Company is undergoing a major transaction involving issuing shares and paying cash for asset purchase; new shares issuance not yet completed.
• Board has approved postponing dividend, promising to re-examine the distribution plan after share issuance is completed.
• Undistributed profit will be used for daily operations and project investment, ensuring long-term, stable development.
• Company commits to strict information disclosure and reminds investors to pay attention to subsequent announcements.

Detailed Explanation

On March 13, 2026, Xiamen Port Development’s board of directors approved the proposal to postpone the 2025 dividend distribution. The company achieved a net profit attributable to shareholders of RMB 205.7 million in 2025, with parent company net profit at RMB 166.3 million. After legal reserve deductions and considering prior undistributed profits and dividends already paid, the parent company’s cumulative distributable profits stand at RMB 2.51 billion.

The company is currently undergoing a major asset restructuring, involving issuing shares and raising matching funds. The transaction received regulatory approval from the CSRC on February 13, 2026 and completed asset transfer on February 27, but the issuance of new shares is not yet finished. To ensure smooth execution of the share issuance and balance company development with shareholder interests, the board decided to postpone the 2025 dividend. The company promises to revisit the dividend plan after the new share issuance is completed.

Impact on Shareholders and Price-Sensitive Information

• Dividend Delay: Despite a large distributable profit, the dividend is postponed due to ongoing asset transactions. This impacts investors’ cash return expectations and may cause share price volatility.
• Major Asset Restructuring: The ongoing share issuance is a price-sensitive event. Once completed, the dividend plan will be reconsidered. Investors should closely watch subsequent announcements.
• Use of Undistributed Profits: Profits will be used for operational needs and project investment, showing the company’s focus on long-term growth, but cash dividend is missing in the short term.
• Compliance and Minority Shareholder Protection: The board affirms the plan complies with laws and regulations, protects minority interests, and supports stable development.
• Disclosure and Risk Reminder: The company strictly controls insider information and urges investors to pay attention to further updates and investment risks.

Next Steps and Risk Warning

The company promises to arrange the 2025 dividend after the new share issuance is completed, as required by regulators and the company charter. Investors should focus on transaction progress and future dividend announcements. The postponement, though compliant, may affect investor sentiment and share price, especially for those seeking dividend returns.

Conclusion

Xiamen Port Development’s decision to postpone the 2025 dividend ensures smooth asset restructuring and long-term growth. The company has ample distributable profits, and future dividends remain possible. Investors should closely follow the new share issuance and subsequent dividend plans, as this event is price-sensitive and may affect share performance.

Disclaimer

This report is based on company announcements and related disclosures, for reference only and does not constitute investment advice. Investors should make prudent decisions according to their own situation and risk tolerance. Subsequent company announcements may affect actual circumstances, so please pay attention.

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