越秀资本提请股东会授权董事会制定并实施2026年中期利润分配方案详解

报告重点摘要

• 越秀资本（证券代码：000987）于2026年4月8日召开第十届董事会第三十八次会议，审议通过了《关于提请股东会授权董事会制定并实施公司2026年中期利润分配方案的议案》。
• 董事会提请股东会授权董事会在满足现金分红条件、不影响公司正常经营与持续发展的情况下，结合当期业绩与未分配利润等因素，制定并实施2026年中期利润分配方案。
• 中期利润分配方案需提交2025年年度股东会审议批准。

详细内容及投资者需关注的重要信息

中期利润分配的前提条件

• 公司当期归属于上市公司股东的净利润为正，且累计未分配利润为正。
• 公司现金流能够满足日常经营及持续发展的资金需求。
• 需符合法律、法规、规范性文件及公司《章程》规定的其他前提条件。

利润分配比例及方案

• 中期利润分配金额原则上不低于相关报告期归属于上市公司股东净利润的30%，最高不超过100%。
• 中期分配金额不得超过合并报表及母公司报表中可供分配利润的孰低值。
• 分配方案覆盖2026年第一季度、半年度、前三季度，具体分配方案由董事会根据实际经营情况拟定。
• 年度利润分配预案将考虑中期已分配情况。

授权事项与期限

• 股东会将授权董事会决定是否进行利润分配、制定具体方案及实施分配。
• 授权期限自股东会审议通过之日起至授权事项办理完毕之日止。

审批程序与风险提示

• 上述议案已于2026年4月8日董事会审议通过，将提交2025年度股东会审议。
• 最终利润分配方案需结合公司业绩及未分配利润等因素合理规划，并拟定具体方案。
• 此次授权方案不构成公司或董事会对投资者的承诺，投资者需关注相关风险。

对股东和投资者的影响及潜在价格敏感信息

• 公司明确提出将实施中期利润分配，原则上分配金额不低于净利润30%，显示了对投资者回报的重视，有望提升投资者获得感和公司股东价值。
• 分红比例较高，若最终方案落地，可能提升公司股价、增强市场信心。
• 尚需股东会审议批准，最终方案受公司业绩及资金状况影响，存在一定不确定性。
• 此次公告为利润分配方案授权，非最终分红承诺，投资者需注意分红实施的不确定性。

结论

越秀资本此次公告显示公司有望在2026年实施较高比例的中期现金分红，若业绩及资金状况良好，股东回报有保障，具备价格敏感性，值得投资者重点关注。需注意最终分红方案尚未确定，投资需关注公司后续公告与股东大会决议。

免责声明

本文基于公开信息整理，仅供参考，不构成投资建议。投资者请结合自身情况及风险偏好，审慎决策。公司利润分配方案最终以股东大会决议及公司后续公告为准。

Yuexiu Capital Proposes Board Authorization for 2026 Interim Profit Distribution Plan – Detailed Analysis

Key Highlights

• Yuexiu Capital (Stock Code: 000987) convened its 38th meeting of the 10th Board of Directors on April 8, 2026, and approved the proposal to seek shareholder authorization for the Board to formulate and implement the 2026 interim profit distribution plan.
• The Board is seeking shareholder authorization to determine and execute the interim profit distribution, provided cash dividend conditions are met and company operations and sustainable development are not affected, taking into account current performance and undistributed profits.
• The interim profit distribution plan must be submitted for approval at the 2025 Annual Shareholders’ Meeting.

Detailed Information and Investor-Focused Key Points

Preconditions for Interim Profit Distribution

• The net profit attributable to shareholders must be positive for the period, and cumulative undistributed profits must also be positive.
• The company’s cash flow must meet daily operational and sustainable development funding needs.
• Other preconditions set by laws, regulations, normative documents, and the company’s Articles of Association must be satisfied.

Profit Distribution Ratio and Plan

• The interim profit distribution amount will, in principle, not be less than 30% of the net profit attributable to shareholders for the relevant reporting period and not exceed 100%.
• The distribution amount must not exceed the lower value between profits available for distribution as shown in the consolidated and parent company financial reports.
• The 2026 interim distribution may cover Q1, H1, or the first three quarters; specific plans will be formulated by the Board based on operating conditions.
• Annual profit distribution plans will take into account amounts already distributed in the interim period.

Authorization Scope and Duration

• Shareholders will authorize the Board to decide whether to carry out profit distribution, formulate specific plans, and implement the distribution.
• The authorization is valid from the date of shareholder approval until the authorized matters are completed.

Approval Procedure and Risk Warning

• The proposal was approved at the April 8, 2026 Board meeting and will be submitted to the 2025 Annual Shareholders’ Meeting for approval.
• The final profit distribution plan will be reasonably formulated based on company performance and undistributed profits.
• This authorization plan does not constitute a commitment to investors; investors should pay attention to related risks.

Impact on Shareholders and Investors & Price Sensitive Information

• The company proposes a high interim cash dividend ratio (not less than 30% of net profit), showing a strong focus on shareholder returns and potentially boosting investor confidence and shareholder value.
• If implemented, the high dividend ratio could positively affect the share price.
• Final implementation is subject to shareholder approval and actual company performance and funding, with some uncertainty.
• This announcement is for authorization only and does not constitute a binding commitment; investors should note the uncertainty regarding dividend implementation.

Conclusion

Yuexiu Capital’s announcement indicates a potential for a substantial interim cash dividend in 2026, provided performance and cash flow conditions are met. This is price-sensitive and warrants close attention from investors. Final details and implementation depend on future shareholder meetings and company performance.

Disclaimer

This article is based on publicly disclosed information and is for reference only. It does not constitute investment advice. Investors should make decisions prudently according to their own circumstances and risk tolerance. The final profit distribution plan will be subject to shareholder meeting resolutions and subsequent company announcements.

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