广东甘化科工股份有限公司2025年度利润分配预案公告深度解析

公告核心内容及投资者关注要点

广东甘化科工股份有限公司（证券代码：000576，证券简称：甘化科工）于2026年4月16日公告了《2025年度利润分配预案》，涉及公司未来一年利润分配、现金分红、股份回购、战略发展等多项重要事项。该公告内容真实、准确、完整，公司及董事会全体成员对此承担法律责任。

一、利润分配方案的基本情况

• 2025年度归属于上市公司股东的净利润为75,757,887.38元，本年度可供分配利润同为75,757,887.38元。
• 加上年初未分配利润363,009,461.01元，并提取盈余公积3,644,112.59元后，合并报表可供分配利润达到435,123,235.80元。
• 母公司2025年度净利润为36,441,125.91元，年末累计可供分配利润为150,479,504.78元。

二、利润分配及现金分红方案

• 公司处于快速发展阶段，为顺利实施战略，需保持必要资金，董事会拟定2025年度不派发现金红利、不送红股、不以公积金转增股本。
• 2024年4月16日至2025年2月27日，公司通过回购专用证券账户以集中竞价交易方式回购股份4,380,000股（占总股本1.00%），支付总金额为26,698,988元（不含交易费用）。
• 2025年度回购股份数量为10,000股，回购资金总额为80,000元（不含交易费用），现金分红和股份回购金额合计80,000元，占2025年度净利润的0.11%。
• 过去三年累计现金分红为0元，累计回购注销金额为47,962,343.40元，三年平均净利润为-45,598,776.79元。
• 公司不存在触及深圳交易所风险警示情形。

三、不分红原因及资金用途

• 公司以人民币38,828.4万元收购西安甘鑫科技股份有限公司65%股权，已支付第一期款项，后续仍需资金支付剩余款项。
• 公司处于扩张与研发阶段，流动资金需求大。
• 留存利润将用于公司日常经营、对外投资、流动资金需求，增强公司抗风险能力和核心竞争力。
• 股东可通过股东大会现场及网络投票、投资者热线、互动平台等渠道参与决策。

四、对投资者回报与未来措施

• 公司承诺持续提升行业竞争力，推动盈利水平，为投资者创造更大价值。
• 坚持长期、持续回报理念，回馈投资者。

五、财务资产结构说明

• 2024、2025年度公司财务报表中交易性金融资产、衍生金融资产、债权投资等合计分别为2.71亿元和1.64亿元，占总资产比例分别为14.71%和7.06%，均远低于50%，显示公司资产结构稳健。

对股东及股价的潜在影响

重点提醒：

• 公司不进行现金分红，留存利润用于收购及业务扩张，短期内不会给股东带来现金回报，可能影响部分投资者对公司估值和投资意愿。
• 大额收购及持续资金需求表明公司战略扩张，若收购整合顺利、业绩持续上升，则有望提升公司长期价值；但短期内现金流压力加大，需关注后续经营及盈利能力。
• 股份回购金额极小，对股价支撑有限，未来公司盈利提升或资产整合效果将成为股价波动的重要因素。
• 公司资产结构稳健，风险警示未触及，说明公司财务状况较为健康。

结论

广东甘化科工2025年度利润分配预案显示公司处于扩张阶段，将利润留存用于收购与研发，短期内不派发现金红利。投资者需关注公司收购整合与业绩提升情况，战略调整及资金需求变化可能成为影响股价的关键因素。

免责声明：
本报道仅为信息披露与投资参考，不构成投资建议。投资者需结合自身情况及市场风险，谨慎决策。公司公告内容如有变动请以最新公告为准。

English Version

Guangdong Ganhua Technology Co., Ltd. 2025 Profit Distribution Proposal Deep Dive

Key Points and Investor Highlights

Guangdong Ganhua Technology Co., Ltd. (Stock Code: 000576, Stock Abbreviation: Ganhua Technology) announced its 2025 profit distribution proposal on April 16, 2026, detailing its plans for profit distribution, cash dividends, share buybacks, and strategic development. All information is accurate and reliable, with the board taking full legal responsibility.

1. Basic Situation of Profit Distribution Proposal

• Net profit attributable to shareholders for 2025: RMB 75,757,887.38; distributable profit for the year: RMB 75,757,887.38.
• Adding undistributed profits at the beginning of the year (RMB 363,009,461.01) and deducting surplus reserve (RMB 3,644,112.59), distributable profit per consolidated statement reaches RMB 435,123,235.80.
• Parent company’s net profit for 2025: RMB 36,441,125.91; year-end distributable profit: RMB 150,479,504.78.

2. Profit Distribution and Cash Dividend Plan

• The company is in a rapid development phase and needs to retain funds for strategic implementation; the board proposes no cash dividends, no bonus shares, and no capital reserve to share capital conversion for 2025.
• From April 16, 2024 to February 27, 2025, the company repurchased 4,380,000 shares (1.00% of total share capital) via centralized bidding, paying RMB 26,698,988 (excluding fees).
• For 2025, repurchased shares total 10,000, with repurchase funds of RMB 80,000 (excluding fees); combined cash dividends and repurchase amount is RMB 80,000, accounting for 0.11% of net profit for 2025.
• In the last three years, cumulative cash dividends: RMB 0; cumulative repurchase cancellation: RMB 47,962,343.40; average net profit: RMB -45,598,776.79.
• The company does not touch risk warning triggers per Shenzhen Stock Exchange rules.

3. Reasons for No Dividend and Use of Funds

• The company acquired 65% equity of Xi’an Ganxin Technology for RMB 388.284 million, with the first payment made and more funds needed for subsequent payments.
• Expansion and R&D require significant liquidity.
• Undistributed profits will be used for daily operations, investments, liquidity needs, enhancing risk resistance and core competitiveness.
• Shareholders can participate in decision-making via physical and online voting at the shareholders’ meeting, investor hotlines, interactive platforms, etc.

4. Measures to Enhance Investor Returns

• The company promises to keep enhancing competitiveness, improving profitability, and creating greater value for investors.
• Adheres to long-term, sustained return philosophy for investors.

5. Financial Asset Structure

• In 2024 and 2025, the company’s financial statements show trading financial assets, derivatives, debt investments, etc., totaling RMB 271 million and RMB 164 million, accounting for 14.71% and 7.06% of total assets, respectively—well below 50%, indicating a stable financial structure.

Potential Impact on Shareholders and Share Price

Key reminders:

• No cash dividend for 2025; retained profits used for acquisition and growth, meaning shareholders will not receive a cash return in the near term, which may affect valuation and investment sentiment.
• Large-scale acquisition and continued capital demand indicate strategic expansion. If integration succeeds and performance improves, long-term value may increase; short-term cash flow pressure rises, so investors should monitor future operations and profitability.
• Repurchase amount is minor; little short-term support for share price. Future performance and asset integration results will be key share price drivers.
• Financial structure is stable and company does not touch risk warning triggers, indicating sound financial health.

Conclusion

The 2025 profit distribution proposal shows Ganhua Technology is in an expansion phase, retaining profits for acquisition and R&D, with no cash dividend for shareholders in the short term. Investors should pay close attention to acquisition integration and performance improvement, as strategic changes and capital needs may significantly impact share price.

Disclaimer:
This report is for information disclosure and investment reference only, not investment advice. Investors should carefully assess their own situation and risks. If the company makes further announcements, please refer to the latest official information.

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