钱江水利2025年度利润分配方案出炉，现金分红比例高达64.89%

【2026年4月16日，上海】——钱江水利开发股份有限公司（600283）于4月14日召开第八届董事会第十二次会议，审议通过了2025年度利润分配预案，并将提交至2025年度股东大会审议。此次利润分配方案的具体内容及相关数据，对公司未来股价及投资者信心具有重要影响，建议广大股东与潜在投资者高度关注。

一、利润分配方案主要内容

• 公司拟以2025年末总股本560,824,898股为基数，向全体股东每10股派发2.5元（含税）现金红利。
• 本次现金红利总额预计为140,206,224.50元，分红资金来源充足。
• 本年度不进行股票股利派发，亦不以资本公积金转增股本。
• 如在权益登记日前总股本发生变动，公司将维持分配总额不变，并调整每股分配比例，届时将另行公告相关调整。

二、公司2025年度经营业绩及分红能力

• 2025年公司实现归属于上市公司股东的合并净利润为216,072,345.95元，基本每股收益为0.43元。
• 母公司实现净利润186,351,262.17元，年初未分配利润为338,157,347.32元。
• 2025年实际分配利润140,206,224.50元，提取盈余公积18,635,126.22元，母公司年末可供分配利润达365,667,258.77元。
• 现金分红数额占合并报表归母净利润的64.89%，显示公司盈利能力及分红意愿较强。

三、对投资者的影响及需关注事项

• 分红比例高，投资回报稳定： 近三年累计现金分红总额为351,011,600.60元，三年平均现金分红比例高达165.34%，大幅高于监管30%要求，体现公司高回报政策。
• 公司未触及风险警示红线： 钱江水利确认未触及《上海证券交易所股票上市规则》第9.8.1条规定的其他风险警示情形，现金分红和盈利持续性良好。
• 分红预案尚需股东大会审议： 本次利润分配预案需经2025年度股东大会审议通过后方可实施。
• 分红不会影响公司经营： 公司表示分红预案已充分考虑资金需求，不会对经营现金流和长期发展造成重大影响。

四、历史分红及业绩表现对比

五、投资者需重点关注的风险与提示

• 本方案尚需2025年年度股东大会审议批准，实施时间及权益登记日待后续公告明确。
• 投资者应关注因公司总股本变化导致的每股分红比例调整。
• 公司强调本次分红不会对正常经营及长期发展战略产生负面影响。

六、投资者解读

本次高比例分红方案显示公司盈利能力稳健、现金流充足，管理层高度重视对股东的回报，预计将提振市场信心，对股价产生积极影响。建议关注后续股东大会审议进度及权益登记日安排，及时把握投资机会。

免责声明： 本文仅供参考，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法律法规要求。

English Version

Qianjiang Water Resources Publishes 2025 Dividend Plan, Cash Dividend Rate Reaches 64.89%

[Shanghai, April 16, 2026] — Qianjiang Water Resources Development Co., Ltd. (600283) convened its 12th meeting of the 8th Board of Directors on April 14, 2026, and approved the 2025 profit distribution plan, which will be submitted to the 2025 Annual Shareholders’ Meeting for approval. The details and data in this distribution plan are important for future share price movement and investor confidence.

1. Main Contents of the Profit Distribution Plan

• The company plans to distribute a cash dividend of 2.5 yuan (tax included) for every 10 shares to all shareholders, based on the total share capital of 560,824,898 shares at the end of 2025.
• Total cash dividends will amount to 140,206,224.50 yuan; the company has sufficient funds for this payout.
• No stock dividends or capital reserve to share capital conversion this year.
• If total share capital changes before the ex-rights date, the total dividend will remain unchanged, and the per-share dividend ratio will be adjusted and announced separately.

2. 2025 Performance and Dividend Capacity

• Net profit attributable to shareholders was 216,072,345.95 yuan, with basic earnings per share of 0.43 yuan.
• The parent company’s net profit was 186,351,262.17 yuan, with undistributed profit at the beginning of the year of 338,157,347.32 yuan.
• Actual distributed profit in 2025 was 140,206,224.50 yuan; statutory surplus reserve was 18,635,126.22 yuan; undistributed profit at year-end reached 365,667,258.77 yuan.
• Cash dividend accounts for 64.89% of net profit attributable to shareholders, indicating strong profitability and willingness to reward shareholders.

3. Impact on Investors and Key Points

• High dividend ratio, stable returns: Cumulative cash dividends over the past three years total 351 million yuan; the three-year average payout ratio is 165.34%, far exceeding regulatory requirements, demonstrating a strong shareholder return policy.
• No risk warning triggers: The company confirms it does not trigger other risk warning scenarios stipulated by the Shanghai Stock Exchange Listing Rules; dividend and profit sustainability are sound.
• Pending approval: The dividend proposal still requires approval at the 2025 Annual Shareholders’ Meeting.
• No impact on operations: The company states the dividend plan fully considers funding needs and will not have a major impact on cash flow or long-term operations.

4. Historical Dividend and Performance Table

5. Key Risks and Investor Reminders

• This plan is subject to shareholder approval at the 2025 annual meeting; ex-rights date and implementation arrangements will be announced later.
• Investors should monitor changes in total share capital, which may affect per-share dividend ratios.
• The company emphasizes that this dividend will not negatively affect normal operations or long-term development.

6. Investor Interpretation

The high payout ratio demonstrates robust profitability and cash flow, with management’s strong commitment to rewarding shareholders. This may boost market confidence and potentially drive up share prices. Investors are advised to follow subsequent shareholder meetings and ex-rights announcements closely.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are responsible for their own decisions and should pay close attention to subsequent company disclosures and regulatory requirements.

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