Dividend

Dividend Policy
According to Article 25 of the Company's Articles of Incorporation, the Dividend Policy is provided as follows：

    Pursuant to Article 25 of the Articles of Incorporation, if the Company's final accounts show a net profit after tax(includes adjustment to the amount of undistributed earnings), the Company shall first offset cumulative losses, and then allocate 10% of the remaining amount as legal reserve. However, this is not required if the amount of legal reserve has reached the Company's paid-in capital. A special reserve shall then allocate or reverse in accordance with the law or regulations of the competent authority. The Board of Directors shall propose a dividend distribution for any remaining amount along with undistributed earnings at the beginning of the period (includes adjustment to the amount of undistributed earnings), and submit the proposal to the shareholders' meeting for resolution on distribution of shareholders dividends.

    The Company's dividend policy is formulated in coordination with current and future development plans, takes into consideration the investment environment, funding requirements, and domestic and international competition, as well as shareholders' interests. No less than 10% of distributable earnings each year shall be allocated as shareholders dividends. However, dividends do not need to be distributed if distributable earnings is lower than 90% of paid-in capital. Dividends may be distributed to shareholders in cash or stock, in which cash dividends may not be lower than 20% of all dividends. However, the type and percentage of earnings distribution may be adjusted by resolution of the shareholders' meeting based on actual profits and funds that year.

Ex-right and dividend information