Dividend Policy

The Company has a policy to pay dividends to shareholders of not less than 30 percent of the net profit, as stated in the separate financial statements of the Company after the deduction of corporate income tax, legal reserves, and other reserves, as specified in the Memorandum of Association of the Company and relevant laws. Nonetheless, the dividend payment may be subject to changes based on factors such as the performance and financial status of the Company, liquidity, business expansion and other factors related to the Company management. This dividend payment requires the Board of Directors and shareholders’ meeting approval.