Dalian Huarui's profit distribution plan and accounting policy change

Dalian Huarui Heavy Industry Group (SZSE:002204) has announced a plan to distribute a cash dividend of CNY 0.50 per 10 shares, based on total share capital excluding repurchased shares. The group's annual net profit for 2024 was CNY 497.87 million, and the dividend represents 36.20% of the net profit attributable to shareholders of the listed company. The plan is subject to shareholder approval. Further, the company will change its accounting policy in accordance with the “Interpretation No. 18” of the Accounting Standards for Business Enterprises, effective from the date of issue and impacting guarantee classification.