新兴装备发布2025年度利润分配预案：持续稳定分红，投资者回报与公司发展并重

北京新兴东方航空装备股份有限公司（证券简称：新兴装备，证券代码：002933）于2026年4月8日召开第五届董事会第二十三次会议，审议通过了《2025年度利润分配预案》。该预案尚需提交公司2025年年度股东大会审议。

一、利润分配预案主要内容

• 2025年度公司合并报表实现归属于母公司所有者的净利润为39,474,886.14元，母公司实现净利润50,570,541.76元。
• 根据《公司法》及公司章程相关规定，因法定盈余公积累计额已超注册资本50%，2025年不再提取法定盈余公积。
• 2025年公司实现可供分配利润为39,474,886.14元，加上年初未分配利润667,899,514.77元，扣除2024年度已分配现金股利2,347,000元，累计可供分配利润为705,027,400.91元。
• 母公司累计可供分配利润为741,591,575.09元。实际利润分配基于孰低原则，取705,027,400.91元。
• 拟以2025年12月31日公司总股本117,350,000股为基数，向全体股东每10股派现0.20元（含税），合计派发现金红利2,347,000元，不送红股、不进行资本公积金转增股本，剩余未分配利润滚存至以后年度。
• 2025年度现金分红总额占本年度归属于上市公司股东净利润的比例为5.95%。
• 若分红预案公告后至实施前因可转债转股、股份回购、股权激励等导致总股本变动，将按现有分配比例调整分配总额。

二、对股东的重要事项及潜在股价影响因素

• 公司连续三年（2023-2025）累计现金分红金额已超过年均净利润的30%，利润分配政策持续稳定，符合投资者回报预期。
• 现金分红方案不会触及《股票上市规则》第9.8.1条第（九）项规定的风险警示情形，公司经营稳健。
• 2025年公司仍选择稳健分红，留存大额未分配利润，支持公司业务拓展与发展规划，强化财务稳健性和抗风险能力。
• 分红方案充分考虑了公司业务发展、流动资金需求、投资者回报等多方面因素，不会影响公司正常生产经营和长期发展。
• 公司将为中小股东参与决策提供便利，股东大会将采用现场+网络投票方式。
• 2024、2025年度交易性金融资产等合计金额占总资产比例分别为28.80%、39.64%，均低于警戒线50%，资产结构稳健。

三、投资者需关注的核心要点

• 分红率较低：本次分红占净利润比例仅为5.95%，主因公司需留存利润支持未来发展。若公司未来加大分红，或将成为股价催化剂。
• 公司经营稳健：连续三年分红均未低于年均净利润30%，分红政策符合监管要求，未触及任何风险警示条款，有助于提升投资者信心。
• 分红基数可调整：如公司总股本发生变化，将相应调整分配总额，投资者需关注后续公司资本运作（如可转债、回购、股权激励等）的进展。
• 大额未分配利润：公司拥有逾7亿元的可分配利润，为未来分红政策调整或资本运作提供空间。

四、结论

本次利润分配预案显示公司经营业绩持续改善，分红政策稳健，注重平衡投资者回报与公司长远发展。虽然分红率偏低，留存利润用于支持业务拓展和流动资金需求，但公司良好的财务基础和合规经营有助于增强投资者信心。后续如公司分红政策进一步提升，或资本运作方面有新动作，或将成为公司股价的催化剂。

本公告将在股东大会通过后两个月内实施，投资者可关注后续正式分红实施情况及公司年度经营规划变化。

免责声明：本文根据公司公告整理，仅供投资者参考，不构成任何投资建议。投资有风险，决策需谨慎。

English Version

Emerging Equipment Announces 2025 Profit Distribution Plan: Stable Dividends, Focus on Investor Returns and Corporate Growth

Beijing Emerging Oriental Aviation Equipment Co., Ltd. (Stock Short Name: Emerging Equipment, Stock Code: 002933) held the 23rd meeting of its 5th Board of Directors on April 8, 2026, and reviewed and approved the “2025 Annual Profit Distribution Plan,” which is subject to approval at the 2025 Annual General Meeting of Shareholders.

1. Main Contents of the Profit Distribution Plan

• 2025 net profit attributable to shareholders of the parent company: RMB 39,474,886.14; parent company’s net profit: RMB 50,570,541.76.
• In accordance with the Company Law and the Articles of Association, as the statutory surplus reserve exceeds 50% of registered capital, no further allocation in 2025.
• 2025 distributable profit: RMB 39,474,886.14; add undistributed profit at year-start: RMB 667,899,514.77; deduct 2024 cash dividends: RMB 2,347,000. Final distributable profit: RMB 705,027,400.91.
• Parent company’s distributable profit: RMB 741,591,575.09. Actual basis is the lower value, i.e., RMB 705,027,400.91.
• Proposed cash dividend: RMB 0.20 (tax inclusive) per 10 shares, based on total share capital of 117,350,000 shares as of December 31, 2025; total payout: RMB 2,347,000. No bonus shares, no capital reserve to share capital conversion, undistributed profit carried forward.
• Dividend payout ratio: 5.95% of 2025 net profit attributable to shareholders.
• If total share capital changes before implementation (due to convertible bonds, buyback, ESOP, etc.), total dividend adjusted pro-rata.

2. Key Points and Price-Sensitive Issues for Shareholders

• Cumulative cash dividend for 2023-2025 exceeds 30% of average net profit—signals stable and sustainable dividend policy.
• Dividend plan does not trigger risk warnings under the Shenzhen Stock Exchange Listing Rules; business operations are robust.
• Large retained earnings support future business expansion and growth strategy, strengthening financial resilience and risk resistance.
• The dividend plan balances business development, liquidity needs, and investor returns, without affecting normal operations or long-term growth.
• AGM will offer both on-site and online voting to facilitate small and medium shareholders’ participation.
• 2024 and 2025 trading financial assets and similar accounts accounted for 28.80% and 39.64% of total assets, respectively—well below the 50% warning line; asset structure is sound.

3. Key Takeaways for Investors

• Low dividend payout: Only 5.95% of net profit is paid out, as the company retains most profits for future growth. If the payout increases in the future, it could be a share price catalyst.
• Operational stability: Three consecutive years of dividends exceeding 30% of average net profit, compliant with regulations, and no risk warnings—enhancing investor confidence.
• Adjustable dividend base: If total share capital changes, total payout will be adjusted accordingly. Investors should monitor company actions on convertible bonds, buybacks, or ESOPs.
• Substantial retained profits: Over RMB 700 million in distributable profits provides room for future dividend policy adjustments or capital operations.

4. Conclusion

The profit distribution plan reflects improving performance and a stable dividend policy, balancing investor returns with long-term corporate growth. While the payout ratio is modest, the robust retained earnings and prudent management underpin confidence. Future increases in dividends or capital operations could serve as catalysts for share price movement.

Implementation will occur within two months after AGM approval. Investors should follow up on the final dividend execution and any changes in annual business plans.

Disclaimer: The above is a summary based on company disclosures for reference only. It does not constitute investment advice. Investing entails risks—please make decisions cautiously.

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