Ubiqconn Technology Dividend Policy & History

Dividend Policy

Ubiqconn Technology's dividend policy is formulated in alignment with its current and future development plans, while also taking into account the investment environment, capital requirements, domestic and international competitive landscape, and the interests of shareholders. Each year, at least 10% of the distributable earnings shall be allocated as shareholder dividends. These dividends may be distributed in the form of cash or stock. To maintain a balanced and stable dividend policy, the portion of cash dividends shall not be less than 20% of the total dividends distributed. However, if the distributable earnings are less than 10% of the paid-in capital, or if the net income after tax for the year is less than 2% of the paid-in capital, the Company may propose not to distribute dividends. No dividends or bonuses shall be distributed if there is no profit. However, based on financial, operational, and business considerations, the Company may distribute all or part of the legal reserve and capital surplus in accordance with applicable laws or the requirements of the competent authorities.