隆平高科发布2025年度利润分配预案，现金分红比例创新高

利润分配方案详细披露，现金分红力度加大

袁隆平农业高科技股份有限公司（隆平高科，000998）于2026年4月18日发布了《关于2025年度利润分配预案的公告》，对外披露了公司董事会审议通过的最新年度利润分配方案。此次分配预案显示，公司拟以2026年4月16日董事会召开日登记的总股本1,469,448,061股为基数，向全体股东每10股派发现金红利0.42元（含税），不送红股，也不以资本公积金转增股本。若实施权益分派股权登记日之前公司总股本发生变动，则公司拟维持分配总额不变，相应调整每股分配比例。

董事会决议与股东大会流程

本次利润分配方案已于2026年4月16日经公司第九届董事会第二十七次会议审议通过，但尚需提交公司2025年度股东大会审议通过后方可生效。这意味着，分红预案存在一定的不确定性，投资者需关注后续股东大会决议结果。

财务数据与分红比例说明

• 2025年度公司归属于母公司所有者的净利润为165,822,288.75元。
• 合并报表未分配利润为1,709,859,188.51元，母公司未分配利润为1,317,852,628.48元。
• 本年度利润分配总额为61,716,818.56元（含税），占2025年度归属于上市公司股东净利润的37.22%，为近三年最高比例，显示公司持续提升对股东回报力度。
• 最近三年（2023-2025年）累计现金分红总额为186,343,255.90元，高于同期年均净利润的30%，符合法规及公司章程相关规定。
• 公司2025年末资本公积达5,964,314,553.72元，为后续发展留足空间。

不涉及风险警示，分红政策稳健

公司明确本次利润分配方案不会触及《深圳证券交易所股票上市规则》第9.8.1条第（九）款规定的其他风险警示情形。2025年及前两年净利润、未分配利润均为正值，累计分红金额高于年均净利润30%，反映公司稳健的盈利能力和现金流状况。

分红方案合理性与未来发展

公司指出，全球种业竞争加剧、国内政策持续扶持，隆平高科将继续加大研发投入及产业整合，巩固国内龙头及国际领先地位。尽管公司所在行业经营季节性强、营运资金需求大，但本次分红兼顾了短期股东回报与公司长期发展，留存收益将用于保障营运、研发、偿债及潜在并购，增强核心竞争力和抗风险能力。

财务投资风险低

2024及2025年度，公司持有的交易性金融资产、衍生金融资产（不含套期保值）、各类投资及其他相关资产占总资产比例分别为3.93%、4.62%，远低于50%，表明公司未出现大额非主业金融投资，财务风险较低。

对股东的影响与投资者关注重点

• 本次现金分红比例为近三年新高，显示公司对回报股东的高度重视，有望提振市场信心，成为潜在利好。
• 分红预案需经股东大会审议通过，建议投资者持续关注相关进展。
• 公司未计划送红股或以资本公积转增股本，分红方式以现金为主，或对短线资金需求投资者构成利好。
• 由于公司保持充足未分配利润及资本公积，为未来持续分红和发展提供保障。

结论

隆平高科2025年度利润分配方案延续了公司现金分红持续增长趋势，分红力度创三年新高，彰显公司强劲盈利能力与股东回报意愿。随着行业政策支持及公司技术、产业整合加大，投资者可关注后续利润分配落地及公司业务发展动向。

免责声明：本文内容仅供参考，不构成任何投资建议。投资者据此操作，风险自负。请关注公司后续公告及相关进展。

English Version

Longping High-Tech Announces 2025 Dividend Proposal, Highest Payout Ratio in Three Years

Detailed Dividend Plan Disclosed, Cash Payout Increased

Yuan Longping High-Tech Agriculture Co., Ltd. (Longping High-Tech, 000998) released its “2025 Profit Distribution Proposal” on April 18, 2026. The board-approved plan proposes, based on a total share capital of 1,469,448,061 shares as of April 16, 2026, to distribute a cash dividend of 0.42 yuan (tax included) for every 10 shares to all shareholders. No bonus shares or capital reserve to share conversions are planned. If the total share capital changes before the record date, the total distribution amount remains unchanged, but the per-share amount will be adjusted accordingly.

Board Approval and Shareholder Meeting Process

This profit distribution plan was approved at the 27th meeting of the 9th Board of Directors on April 16, 2026, but still requires approval at the company’s 2025 Annual General Meeting. Therefore, there is uncertainty until shareholders vote.

Financial Data and Dividend Ratio Details

• 2025 net profit attributable to shareholders: 165,822,288.75 yuan.
• Consolidated undistributed profit: 1,709,859,188.51 yuan; parent company undistributed profit: 1,317,852,628.48 yuan.
• Total planned dividend: 61,716,818.56 yuan (tax included), accounting for 37.22% of 2025 net profit—highest in three years, showing increased shareholder returns.
• Cumulative cash dividends over the past three years (2023-2025): 186,343,255.90 yuan, exceeding 30% of average annual net profit for the period, compliant with regulations and company by-laws.
• Capital reserve at year-end 2025: 5,964,314,553.72 yuan, ensuring resources for future development.

No Risk Warning Triggered, Steady Dividend Policy

The company confirms this dividend proposal does not trigger risk warning under Shenzhen Stock Exchange rules. Over the past three years, profits and undistributed profits remained positive, and cumulative dividends exceeded 30% of average net profit, reflecting robust earnings and cash flows.

Rationality and Future Development

The company notes that with global seed industry competition intensifying and strong policy support, it will continue to invest in R&D and industrial integration to maintain its leadership. Despite the industry’s seasonal and capital-intensive nature, the company balances short-term returns with long-term growth. Retained earnings will be used for operations, R&D, debt repayment, and potential acquisitions, strengthening competitiveness and resilience.

Low Financial Investment Risk

In 2024 and 2025, the company’s financial assets (including trading, derivative, and various investments) accounted for 3.93% and 4.62% of total assets, well below 50%, indicating low financial investment risk.

Shareholder Impact and Key Points

• The highest cash dividend ratio in three years demonstrates a strong commitment to shareholder returns and may boost market confidence.
• The proposal requires shareholder approval; investors should monitor AGM developments.
• No bonus shares or capitalizations are planned; cash payout is favored, which may benefit investors seeking liquidity.
• Ample undistributed profits and capital reserve ensure future dividend sustainability and business growth.

Conclusion

Longping High-Tech’s 2025 dividend plan continues its trend of growing cash dividends, setting a new three-year high in payout ratio and highlighting strong profitability and commitment to shareholders. With policy support and increased R&D and industry consolidation, investors should watch the dividend’s final approval and future business developments closely.

Disclaimer: This article is for reference only and does not constitute investment advice. Investors should act at their own risk and pay attention to future company announcements and developments.

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