Haier Smart Home proposes dividend, share buyback changes, and acquisition

Haier Smart Home has announced a 2025 interim dividend proposal of 2.69 yuan per 10 shares, totaling 2,506,684,210.62 yuan. This represents 20.83% of the net profit attributable to parent company shareholders. The company will maintain the total distribution amount if the share capital changes before the equity distribution.

The company also plans to change the use of 1,472,684 shares from its 2022 repurchase program, originally for equity incentives or employee stock ownership plans, to cancellation to reduce registered capital. This adjustment aligns with the company’s "Enhance Quality, Increase Returns" action plan for 2025, which focuses on improving operating quality, increasing investor returns, and strengthening investor communication.

Furthermore, Haier Smart Home’s subsidiary, Qingdao Haier Carrier Refrigeration Equipment Co., Ltd., intends to acquire all equity in Qingdao Haiyunlian Industrial Development Co., Ltd. for 68,316,905.46 yuan. The acquisition aims to enhance operational efficiency and reduce rental expenses. The transaction is considered a connected transaction due to Haier Industrial Development Co., Ltd.'s relationship with Haier Smart Home.