ADAMA Ltd.
Announcement on the Pre-plan of 2025 Dividend Distribution
The Company and all members of its board of directors hereby confirm that all information
disclosed herein is true, accurate and complete with no false or misleading statement or
material omission.
Special Reminder:
1. The Company's 2025 dividend distribution plan: no cash dividends will be
distributed, no bonus shares will be given, and no reserves will be converted into share
capital.
2. The dividend distribution plan still needs to be submitted to the Company's 2025
annual general meeting for approval.
3. The Company's disclosure of dividend distribution plan does not touch upon the
possible application of other risk warnings as stipulated in Article 9.8.1 of the Shenzhen
Stock Exchange Listing Rules.
I. Approval procedures
On March 26, 2026, Adama Ltd. (hereinafter referred to as the "Company") held the
18th meeting of the 10th Board of Directors and approved the " Proposal on the Pre-Plan of
the 2025 Dividend Distribution". The proposal has already been approved at the 1st meeting
of the Audit Committee of the Company's Board of Directors in 2026, at the special meeting
of independent directors and still needs to be submitted to the Company's 2025 annual
general meeting of shareholders for review and approval.
II. Basic information of the pre-plan of 2025 dividend distribution
As audited by the auditor, KPMG Huazhen CPA LLP, the consolidated net profit
attributable to shareholders of the Company for the year 2025 was a loss of RMB
1,045,719,000. Based on the Company's operating result of the year and the provisions of
the Articles of Association, taking into account the Company's debt situation and future
funding needs, in order to ensure the sustainable development and smooth operation of the
Company, as well as for the long-term interests of all shareholders, the pre-plan of 2025
dividend distribution of the Company is: no cash dividends will be distributed, no bonus
shares will be given, and no reserves will be converted into share capital. The pre-plan of the
dividend distribution still needs to be submitted to the Company's 2025 annual general
meeting of shareholders for review and approval.
III. Detailed information of dividend distribution plan
1. The Company does not touch upon the possible application of other risk warnings
Item 2025 2024 2023
Cash dividend distributed - - -
(RMB)
Share repurchase and - - -
cancellations (RMB)
Net profit attributable to (1,045,719,000) (2,903,204,000) (1,605,887,000)
the shareholders (RMB)
The consolidated
retained earnings by the 502,977,000
end of current year
(RMB)
The retained earnings of
the parent company by 710,790,000
the end of current year
(RMB)
Whether being listed for Yes
3 complete calendar year
Accumulated total cash
dividends in the past 3 -
accounting years (RMB)
Accumulated share
repurchase and -
cancellations in the past
3 accounting years
(RMB)
Average net profit for the
past 3 accounting years (1,851,603,333)
(RMB)
Accumulated total cash
dividends and share
repurchase and -
cancellations in the past
3 accounting years
(RMB)
Whether touch upon
the possible application
of other risk warnings
as stipulated in Article No
9.8.1 of the Shenzhen
Stock Exchange Listing
Rules
Based on the above indicators, the Company does not touch upon the possible
application of other risk warnings as stipulated in Article 9.8.1 of the Shenzhen Stock
Exchange Listing Rules.
2. Explanations on the reasonableness of the pre-plan of 2025 dividend distribution
The balance of the consolidated retained earnings of the Company at the end of 2025
was RMB 502,977,000, and the balance the retained earnings of the parent company at the
end of 2025 was RMB 710,790,000. The retained earnings of the Company as of the end of
2025 will be used to support the Company's future working capital needs and execute the
Company's development strategy. The Company will continue to adhere to the business
philosophy of bringing returns to investors, strictly regulate the use of funds, improve the
efficiency of fund used, and strive to give back to investors with more positive dividend
distribution plans.
The Company's pre-plan of 2025 dividend distribution complies with the dividend
distribution policy stipulated in the Company's Articles of Association and the actual
situation of the Compan
