The dividend policy stipulated in Article 19, and Article 20 of the Articles of Association is as follows:
- Article 19: If the Company has earnings, it shall set aside 5-20% of the balance as remuneration to the employees and no greater than 1% of the balance as remuneration to directors. When there are accumulated losses, the Company shall offset the appropriate amounts before remuneration. The objects of the remuneration of employees in the preceding paragraph to be paid to stocks or cash may include employees of subordinate companies that meet certain conditions, and the conditions and distribution methods are authorized by the board of directors or its authorized persons to decide.
- Article 19-1: If the Company has a net profit for the current year, it shall first use the profit to pay income taxes and make up for any accumulated losses, and then set aside 10% as an earned surplus. Any excessive balance may be reserved or transferred to be a special reserve pursuant to relevant laws. Any remaining balance in retained earnings, with accumulated undistributed surplus, should be appropriated for dividends in accordance with a proposal made and submitted by the Board of Directors and approved in the shareholders' meeting.
- Article 20：The company is in a technology- and capital-intensive industry, which is in the growth phase. In order to meet the long-term capital planning and the needs of shareholders for health cash flow, the company adopts the residual dividend policy to facilitate the company's growth and sustainable operation. If the Company has a net profit for the current year, it shall first use the profit to pay income taxes in accordance with Article 19-1 and make up for any accumulated losses, and then set aside 10% as a legal capital reserve. Any excessive balance may be reserved or transferred to be a special reserve pursuant to relevant laws. Any remaining balance in retained earnings may be appropriated for dividends not less than 10% of the above-mentioned calculated surplus. In order to expand operations and increase cash flow in the future, the proportion of cash dividends distributed each year shall not be less than 10% of the total amount of cash and stock dividends distributed in the year.
|Year||Per Common Share||Ex-Dividend Date||Payment Date||Date of AGM|
|Stock Dividend||Cash Dividend|