中国巨石关于授权董事会决定2026年中期利润分配的公告

中国巨石股份有限公司董事会获授权决定2026年中期利润分配

要点摘要

董事会获股东会授权：中国巨石（600176）提请2025年年度股东大会授权董事会决定2026年中期利润分配方案。
分红时间及方式：2026年半年报披露后至2026年三季报披露前，将以现金方式分配半年度利润。
利润分配前提：需符合监管规定、国有资本收益上缴要求、公司战略目标，且公司累计未分配利润为正、当期盈利、现金流满足正常经营发展需求。
分配比例明确：现金红利金额不低于当期实现的归属于上市公司股东净利润的45%。
授权期限：自2025年年度股东会审议通过之日起，至2026年年度股东会召开之日止。
简化程序：为简化分红流程，授权董事会在上述范围内制定并实施具体方案。

详细内容

中国巨石股份有限公司于2026年3月18日召开第七届董事会第二十九次会议，审议并通过一项极为重要的议案：决定向公司股东会申请授权董事会在2026年中期利润分配事项中具有决策权。这一议案旨在进一步加大投资者回报，增强投资者持股信心，并响应监管部门对于上市公司现金分红的政策要求。

具体授权内容包括：

分红时点：分红将在2026年半年报披露后至三季报披露前实施，确保公司业绩披露后，投资者能够及时分享公司经营成果。
分红方式：全部采用现金分红，这对于追求现金流回报的投资者极具吸引力。
实施条件：
- 须符合中国证监会《现金分红指引》等相关法规要求。
- 落实国资委关于国有资本收益上缴的相关规定。
- 分红不能影响公司战略目标和发展规划的实现。
- 公司累计未分配利润必须为正，且当期盈利。
- 公司现金流需能满足正常经营与持续发展。
分红比例：将以中期利润分配当时的总股本为基数，派发现金红利总额不低于当期实现归属于上市公司股东净利润的45%。这一比例高于市场平均水平，释放出公司稳定分红、回馈投资者的强烈信号。
授权期限：上述授权自2025年年度股东会审议通过之日起，至2026年年度股东会召开之日止。
简化流程：授权董事会可在经过股东会批准的分红方案范围内自主制定并实施具体分红方案，无需每次分红都提交股东会表决，提高了分红效率。

对股东与股价的潜在影响

高比例现金分红：明确承诺不低于45%的现金分红比例，有望大幅提升公司在投资者中的吸引力，增强市场对公司价值的认可。
分红政策稳定：提前规划三年股东回报，有利于稳定投资者预期，或成为推升公司股价的重要催化剂。
利润分配灵活：董事会获授权后，可根据公司实际经营情况灵活制定分红方案，提升公司治理效率。
政策合规与国资背景：严格遵循证监会及国资委要求，显示公司治理规范，有助于树立良好企业形象。

投资者需关注事项

本议案尚需提交2025年年度股东大会审议通过后方可生效。
最终利润分配方案须以当期公司实际盈利、现金流等条件为前提，仍存在一定不确定性。

结论

本次利润分配授权事项显示出中国巨石提升投资者回报的决心，若获股东会批准，将为公司分红政策带来显著的灵活性与确定性。对于关注现金分红和稳定回报的投资者而言，是一项值得关注的重大利好，有望带动公司估值提升和股价上行。

免责声明：本文仅为新闻报道及投资信息参考，不构成任何投资建议。投资者应根据自身实际情况谨慎决策，风险自负。

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English Translation

China Jushi Board Authorized to Decide 2026 Interim Profit Distribution

Key Highlights

Board Authorization: China Jushi (600176) proposes to authorize the Board to decide on 2026 interim profit distribution, pending approval at the 2025 Annual Shareholders’ Meeting.
Timing and Method: The interim dividend will be distributed in cash after the disclosure of the 2026 semi-annual report and before the disclosure of the third-quarter report.
Distribution Preconditions: Must comply with regulatory requirements, SOE capital return obligations, company strategy, and only if retained earnings are positive, current period is profitable, and cash flow is sufficient for normal operations and sustainable development.
Clear Dividend Payout Ratio: Cash dividends will be no less than 45% of the net profit attributable to shareholders for the period.
Authorization Period: From the date of approval at the 2025 AGM until the 2026 AGM.
Simplified Procedure: The board is authorized to formulate and execute specific interim dividend plans within the authorized range, streamlining the process.

Details

On March 18, 2026, China Jushi’s Board convened its 29th meeting of the 7th session and passed an important resolution: to seek shareholder authorization for the board to determine the 2026 interim profit distribution plan. The initiative aims to enhance investor returns, build investor confidence, and comply with regulator policies on cash dividends.

The authorization covers:

Dividend Timing: Interim dividends will be paid after the semi-annual report and before the third-quarter report in 2026, ensuring timely sharing of operational results.
Method: 100% cash dividend, attractive for investors seeking cash returns.
Implementation Conditions:
- Compliance with CSRC cash dividend regulations.
- SOE capital return requirements must be met.
- Dividend should not affect the realization of strategic goals.
- Retained earnings must be positive, and the company profitable for the period.
- Cash flow must be sufficient for ongoing operations.
Dividend Ratio: No less than 45% of net profit attributable to shareholders for the period, which is higher than market average and signals a strong commitment to return value to investors.
Authorization Period: From the date of approval at the 2025 AGM to the convening of the 2026 AGM.
Simplified Process: The board can independently set and implement specific interim dividend plans within the authorized range, without requiring repeated shareholder approval, improving efficiency.

Potential Impact on Shareholders and Stock Price

High Cash Dividend Ratio: The clear commitment to pay out at least 45% of net profit as cash dividend will likely increase market confidence and could boost share valuation.
Stable Payout Policy: The three-year shareholder return plan stabilizes investor expectations and could catalyze upward stock price movement.
Flexible Profit Distribution: The board’s authorization allows for agile responses to company performance, enhancing corporate governance efficiency.
Regulatory and SOE Compliance: Strict adherence to CSRC and SOE guidelines demonstrates good governance and strengthens corporate image.

Investor Notice

This proposal still requires approval at the 2025 AGM before it takes effect.
The final profit distribution plan will be subject to the company’s actual profitability and cash flow, with some degree of uncertainty.

Conclusion

This profit distribution authorization signals China Jushi’s strong commitment to enhancing investor return. If approved, it will bring flexibility and certainty to the company’s dividend policy. For investors focused on cash dividends and stable returns, this is a significant positive development and could be a catalyst for share price appreciation.

Disclaimer: This news is for informational purposes only and does not constitute investment advice. Investors should make decisions based on their own circumstances and assume their own risks.