Dividend

To ensure the growth and sustainable operation of the Company, the dividend distribution policy will depend on the current and future investment environment, capital requirements, domestic and foreign competition, and capital budget, as well as taking into account the interests of shareholders, balancing dividends, and the Company’s long-term financial planning, etc., and will be prepared by the Board of Directors each year in accordance with the law and reported to the shareholders in the shareholders’ meeting. The amount, type and percentage of dividends to be distributed from the earnings may be adjusted in the light of actual earnings and operating conditions in the current year, provided that the total amount of dividends to be distributed from the earnings shall not be less than 10% of the distributable earnings in the current year and the percentage of cash dividends to be distributed shall not be less than 10% of the total amount of dividends.