禾丰股份2025年年度报告（英文版）

Wellhope Foods Co., Ltd. 2025 Annual Report1 / 245Stock Code: 603609Stock Abbreviation (English): WellhopeBond Code: 113647Bond Abbreviation (English): Wellhope Convertible BondWellhope Foods Co., Ltd.2025 Annual ReportWellhope Foods Co., Ltd. 2025 Annual Report2 / 245Important StatementsI. The Board of Directors, all directors and senior management of the Company warrant that the contentsof this annual report are true, accurate and complete, and contain no false records, misleading statementsor material omissions, and shall bear individual and joint and several legal liability therefor.II. All directors of the Company attended the Board meeting.III. RSM China CPA LLP issued a standard auditor’s report with an unqualified opinion on theCompany’s financial statements.IV. Mr. Jin Weidong, the person in charge of the Company, and Mr. Chen Yu, the person in charge ofaccounting work and the head of the accounting department, hereby declare and warrant that thefinancial report contained in this annual report is true, accurate and complete.V. Profit distribution proposal or proposal for conversion of capital reserve into share capital for thereporting period approved by the Board of DirectorsUnder the 2025 profit distribution plan approved by resolution of the Board, the Company will notdistribute cash dividends, issue bonus shares or convert capital reserve into share capital, and theundistributed profits will be carried forward to the following year. Pursuant to the Rules for ShareRepurchases by Listed Companies issued by the China Securities Regulatory Commission, sharerepurchases by a listed company for cash consideration by way of tender offer or centralized biddingshall be deemed to be cash dividends of the listed company and included in the calculation of therelevant cash dividend payout ratios. During the year, the Company repurchased shares throughcentralized bidding for cash consideration of RMB 56,466,476.00, accounting for 107.52% of the netprofit attributable to shareholders of the Company for the year. Separately, the cash consideration paidfor shares repurchased through centralized bidding and subsequently cancelled during the year amountedto RMB 66,391,605.70, representing 126.42% of the net profit attributable to shareholders of theCompany for the year.The proposed profit distribution plan is subject to approval by the Shareholders’ Meeting.VI. Risk statement on forward-looking statementsForward-looking statements regarding future plans and development strategies in this report do notconstitute binding commitments by the Company to investors. Investors are advised to be aware ofinvestment risks.VII. Whether there was any non-operating use of funds by the controlling shareholder or other relatedpartiesNoVIII. Whether external guarantees were provided in violation of the required decision-makingproceduresNoIX. Whether more than half of the directors were unable to warrant the truthfulness, accuracy andcompleteness of the annual report dis