Wuchan Zhongda announces interim dividend, governance changes

Wuchan Zhongda Group will distribute a cash dividend of yuan 0.10 per share (tax inclusive) to all shareholders for the first three quarters of 2025, totaling 517,117,989 yuan. This represents approximately 16.95% of net profit attributable to listed company shareholders and is subject to shareholder approval. Concurrently, the company announced a major corporate governance restructuring, including the proposed abolishment of its Supervisory Board, with its functions to be absorbed by the Board of Directors' Audit Committee.

This change necessitates revisions to the company's Articles of Association and other internal governance policies, which were approved by the Board and Supervisory Board on December 10, 2025, and will be submitted for shareholder approval. The governance changes, which led to the resignation of independent director Cao Maoxi, aim to streamline operations and enhance oversight. The company also updated several key internal management policies, reflecting a commitment to improving operational efficiency and risk management, aligning with regulatory requirements and Wuchan Zhongda's strategic objectives for sustainable development.