Xingyuan Environment: Shareholder Return Plan for the Next Three Years

Xingyuan Environment announced that the company has formulated a shareholder return plan for the next three years. The plan includes profit distribution that can take the form of cash, stock, a combination of cash and stock, or other methods permitted by laws and regulations. If conditions for cash dividends are met, the company will prioritize cash dividends for profit distribution. Under the conditions for cash dividends, the company's board of directors should comprehensively consider factors such as industry characteristics, development stage, its own business model, profitability, and whether there are significant capital expenditure arrangements, distinguish the following situations, and propose differentiated cash dividend policies according to the procedures specified in the Articles of Association: If the company's development stage is mature and there are no significant capital expenditure arrangements, the proportion of cash dividends in this profit distribution should reach at least 80%; if the company's development stage is mature and there are significant capital expenditure arrangements, the proportion of cash dividends in this profit distribution should reach at least 40%; if the company's development stage is growth and there are significant capital expenditure arrangements, the proportion of cash dividends in this profit distribution should reach at least 20%; if the company's development stage is difficult to distinguish but there are significant capital expenditure arrangements, the proportion of cash dividends in this profit distribution should reach at least 20%. The company will distribute profits in cash each year for the next three years, amounting to no less than 10% of the distributable profits achieved in that year, and the cumulative cash distribution over three consecutive years will not be less than 30% of the average annual distributable profits achieved during those three years