Dividend Policy

The dividend payment policy of the Company is to pay no less than 50% of its net profits on a quarterly basis, based on the consolidated financial statements (after deduction of legal reserve), in compliance with applicable laws and regulations, and subject to its financial position and future business plans. For the dividend policy of subsidiary companies, the Board of Directors will consider dividend payments based on operating results, taking into account available cash flows and capital expenditure requirements. Subject to the availability of cash flows and legal reserves, the Board of Directors shall consider the payment of dividends on a case-by-case basis.