VTR: Shareholder dividend return plan for the next three years
VTR announced that in order to improve and enhance the company's dividend mechanism, actively return to investors, and effectively protect the legitimate rights and interests of small and medium-sized investors, the board of directors has formulated the "Shareholder Dividend Return Plan for the Next Three Years of Guangdong VTR Biotechnology Co., Ltd." based on relevant laws, regulations, normative documents, and the provisions of the Articles of Association, combined with factors such as the company's profitability, business development plan, and shareholder returns. The specific shareholder return plan for the next three years is as follows: the company may distribute profits in the form of cash or stock, and the profit distribution shall not exceed the cumulative distributable profit and shall not harm the company's ability to continue operations. The interval for cash dividends is one year, and the board of directors may propose mid-term cash distributions based on the company's financial status. In accordance with the Company Law and relevant regulations, the company shall distribute profits as resolved by the shareholders' meeting, with cash dividends taking precedence over stock dividends. When distributing profits, the proportion of cash dividends in this profit distribution shall not be less than twenty percent
