惠泉啤酒发布2025年度利润分配方案，拟每10股派现1元

要点摘要

• 每10股派发现金红利1元（含税），合计派发2,500万元。
• 本年度现金分红占归属于上市公司股东净利润的比例为31.25%。
• 2025年度归属于上市公司股东的净利润为7,999万元，母公司期末未分配利润5.3亿元。
• 分红方案尚需股东大会审议通过。
• 公司不触及风险警示红线，分红连续性强，三年累计分红6,000万元，分红比例高达93.09%。
• 如分红前总股本变动，将调整每股分配比例，维持分配总额不变。
• 分红方案不会对公司经营现金流及长期发展造成重大影响。

详细内容

2026年4月13日，福建省燕京惠泉啤酒股份有限公司（600573）董事会发布2025年度利润分配方案公告。根据安永华明会计师事务所审计结果，2025年度公司实现归属于上市公司股东的净利润为79,990,456.49元。截至2025年12月31日，母公司报表期末未分配利润为530,252,098.24元。

公司董事会决议，拟以实施权益分派股权登记日登记的公司总股本为基数，向全体股东每10股派发现金红利1.00元（含税）。截至2025年12月31日，公司总股本为2.5亿股，合计派发现金红利2,500万元（含税），占2025年度归母净利润的31.25%。若在实施权益分派股权登记日前公司总股本发生变动，将维持分配总额不变，并相应调整每股分配比例，具体调整情况将另行公告。

分红连续性与合规性

分红方案显示出公司持续稳定的分红政策。2023、2024、2025三个会计年度累计现金分红总额达6,000万元，分红比例高达93.09%，远高于30%的监管红线。此外，公司最近三年平均净利润为6,445万元，分红及回购总额并未低于5,000万元，公司不触及上交所《股票上市规则》第9.8.1条有关风险警示的情形。

决策流程与后续安排

此次利润分配议案已于2026年4月9日经公司第九届董事会第十九次会议审议通过，符合公司章程和股东回报规划。该议案仍需提交公司股东大会审议通过后方可实施。

对投资者的影响及风险提示

本次分红方案兼顾了股东利益、公司发展阶段及未来资金需求，管理层认为不会对公司经营现金流及长期发展造成重大影响。值得投资者关注的是，分红方案尚需股东大会审议通过，实施时间及具体分红股权登记日待后续公告明确。投资者应关注相关进展，注意投资风险。

结论：利好信号，或影响股价

本次大比例现金分红方案体现了公司良好的盈利能力和对股东利益的高度重视，显示出稳健的财务状况和持续回报股东的决心。分红连续性高，风险合规，或将对惠泉啤酒的股价形成正面支撑，值得投资者重点关注。

免责声明： 本文仅为新闻资讯，不构成任何投资建议。投资有风险，入市需谨慎。请投资者以公司公告及正式文件为准。

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English Version

Huiquan Brewery Announces 2025 Profit Distribution Plan: Cash Dividend of RMB 1 per 10 Shares Proposed

Key Highlights

• Proposed cash dividend of RMB 1 (pre-tax) for every 10 shares, totaling RMB 25 million.
• Dividend payout ratio for the year is 31.25% of net profit attributable to shareholders.
• 2025 net profit attributable to shareholders is RMB 79.99 million; year-end undistributed profit is RMB 530 million.
• Dividend plan is subject to approval at the shareholders’ meeting.
• No risk warning triggers; high dividend continuity with RMB 60 million distributed over the past three years, payout ratio at 93.09%.
• If share capital changes before the record date, per-share dividend will be adjusted but total payout remains unchanged.
• Dividend plan will not materially impact operating cash flow or long-term development.

Details

On April 13, 2026, Fujian Yanjing Huiquan Brewery Co., Ltd. (600573)’s Board of Directors released its 2025 profit distribution plan. Audited by Ernst & Young Huaming LLP, the company achieved a net profit attributable to shareholders of RMB 79,990,456.49 in 2025. As of December 31, 2025, the parent company’s year-end undistributed profit was RMB 530,252,098.24.

The Board resolved to distribute a cash dividend of RMB 1.00 (pre-tax) for every 10 shares, based on the total share capital registered on the record date. As of December 31, 2025, total share capital is 250 million shares, meaning a total dividend of RMB 25 million (pre-tax), accounting for 31.25% of the year’s attributable net profit. If the total share capital changes before the record date, the per-share ratio will be adjusted but the total payout will remain unchanged; details will be announced if any changes occur.

Dividend Continuity and Compliance

The plan reflects the company’s commitment to stable and continuous dividends. The cumulative cash dividends over the last three years is RMB 60 million, with a high payout ratio of 93.09%, well above the 30% regulatory threshold. Average net profit in the past three years is RMB 64.45 million, and total dividend and buyback amounts are not below the RMB 50 million requirement. The company does not trigger any risk warning under Shanghai Stock Exchange Listing Rule 9.8.1.

Decision Process and Next Steps

The profit distribution plan was approved at the 19th meeting of the company’s 9th Board of Directors on April 9, 2026, in line with the company’s Articles of Association and shareholder return plan. It still requires approval at the upcoming shareholders’ meeting before implementation.

Impact on Investors and Risk Reminder

The dividend plan balances shareholder interests, company development stage, and future funding needs. Management believes it will not have a material impact on operating cash flow or long-term development. Investors should note that the plan is pending shareholder approval and that the record date and implementation schedule will be announced later. Please stay alert to further announcements and investment risks.

Conclusion: Positive Signal, Potential Stock Price Impact

The generous cash dividend proposal highlights the company’s solid profitability and strong commitment to shareholder returns, reflecting stable financial health. The high dividend continuity and regulatory compliance are likely to provide positive support to Huiquan Brewery’s share price, making this a key event for investors.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should be aware of risks and make decisions based on official company disclosures.

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