中信特钢（000708）提请股东会授权董事会制定2026年中期分红方案，简化决策流程

2026年3月17日，中信泰富特钢集团股份有限公司（简称“中信特钢”或“公司”）发布公告，拟于2025年年度股东大会上提请授权董事会制定2026年中期分红方案。该议案已于2026年3月16日经公司第十届董事会第二十四次会议审议通过。

核心要点概述

• 授权背景： 为严格落实回报股东的核心要求，简化分红决策流程，提升决策效率，切实保护全体股东特别是中小股东的合法权益。公司依据相关监管指引和公司章程，结合自身实际经营发展情况提出该授权方案。
• 分红前提条件：
  • 2026年中期分红必须满足两大条件：一是当期归属于上市公司股东的净利润为正，且可分配利润（弥补亏损、提取公积金后剩余的税后利润）为正值；二是分红后公司现金流能满足正常经营和持续发展的需求。
• 分红金额上限： 2026年中期的现金分红金额以归属于上市公司股东的净利润的50%为上限。
• 授权范围与时效： 董事会将在法律法规及公司章程允许范围内，根据股东会决议，在满足上述前提条件下，制定并执行2026年中期分红方案。授权自2025年年度股东会通过之日起生效，至2026年中期分红相关事项全部办理完毕为止。
• 董事会职权： 董事会将结合公司实际情况，确定具体的分红金额、分红频次和实施时间等细节。

投资者需关注的重要事项及潜在影响

• 非实质分红承诺： 本次授权并非对2026年中期分红的实质性承诺，仅为简化流程、提升决策灵活度。如果获得授权，董事会将根据公司2026年中期实际经营业绩、资金需求、中长期发展规划及未分配利润等，审慎决定是否进行分红及具体方案。
• 潜在不确定性： 该事项尚需2025年年度股东会审议通过，后续能否顺利实施、是否实施分红及分红金额等均存在不确定性。
• 可能影响股价： 若未来公司实际经营状况良好、符合分红条件，并在2026年实施大比例中期分红，则有望提升市场对公司回报能力的预期，可能对股价产生积极影响。反之，如公司业绩未达标或出于发展需要未实施分红，可能对投资者情绪产生影响。

公司声明与风险提示

公司再次强调，上述事项并不构成对2026年中期分红的实质承诺，具体分红安排仍将以公司未来实际经营情况和董事会决议为准，敬请广大投资者注意投资风险。

备查文件

• 公司第十届董事会第二十四次会议决议。

免责声明： 本文仅为根据中信泰富特钢集团股份有限公司公告整理的公开信息，不作为任何投资建议。投资者据此操作，风险自负。

English Translation

CITIC Special Steel (000708) Proposes Authorization for Board to Formulate 2026 Interim Dividend Plan to Streamline Decision-Making

On March 17, 2026, CITIC Pacific Special Steel Group Co., Ltd. (CITIC Special Steel or the Company) announced it will propose to the 2025 Annual Shareholders Meeting to authorize the Board of Directors to formulate the 2026 interim dividend plan. The proposal was approved at the 24th meeting of the tenth Board of Directors held on March 16, 2026.

Key Points Summary

• Background of Authorization: The Company aims to strictly implement its core shareholder return policy, simplify the dividend decision process, improve decision-making efficiency, and protect all shareholders, especially minority shareholders. The proposal is based on regulatory guidelines, the Company’s Articles of Association, and its actual business development needs.
• Conditions for Interim Dividend:
  • The interim dividend is conditional on two requirements: first, the net profit attributable to shareholders for the period must be positive, and distributable profit (i.e., after covering losses and necessary reserves) must be positive; second, the Company must have sufficient cash flow to support normal operations and sustainable development after the dividend distribution.
• Dividend Cap: The cash dividend for the 2026 interim period is capped at 50% of the net profit attributable to shareholders.
• Scope and Duration of Authorization: The Board will be authorized, within the bounds of laws, regulations, and the Company’s Articles, to formulate and execute the 2026 interim dividend plan after the shareholders’ meeting approval, as long as the above conditions are met. The authorization is effective from the approval date of the 2025 Annual Shareholders Meeting until all matters related to the 2026 interim dividend are completed.
• Board Powers: The Board will determine the specific amount, frequency, and timing of the dividend based on the Company’s actual situation.

Key Information for Investors and Potential Share Price Impact

• No Substantive Dividend Commitment: This authorization does not constitute a substantive commitment to pay a 2026 interim dividend. If authorized, the Board will carefully consider the Company’s 2026 interim operating results, cash flow needs, long-term development plans, and undistributed profits before deciding on whether to distribute and the details of such a dividend.
• Uncertainty: This matter is still subject to approval by the 2025 Annual Shareholders Meeting, and its subsequent implementation, the decision to distribute, and the amount of any dividend all remain uncertain.
• Potential Impact on Share Price: If the Company meets the dividend conditions in 2026 and implements a large interim dividend, it could raise market expectations for shareholder returns and potentially support the share price. Conversely, if performance does not meet targets or no dividend is declared for development needs, it could affect investor sentiment.

Company Statement and Risk Warning

The Company reiterates that this proposal does not constitute a substantive commitment to a 2026 interim dividend. The actual dividend arrangement will depend on future operating conditions and Board resolutions. Investors are advised to be aware of investment risks.

Reference Documents

• Resolution of the 24th Meeting of the Tenth Board of Directors.

Disclaimer: This article is compiled based on the public information disclosed by CITIC Pacific Special Steel Group Co., Ltd. It does not constitute investment advice. Investors act at their own risk.

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