Dividend/Stock Price Information
Articles of Incorporation
Article 31-1: The Company shall distribute its annual earnings, if any, in the following order:
- Tax payments
- Loss offsetting
- 10% provision for legal reserve
- Provision for special reserve when necessary
The remainder plus undistributed earnings carried from previous years and current year's adjustments may be distributed at board of directors' proposal. Distribution of earnings that involves issuance of new shares is subject to resolution in a shareholder meeting.
Any cash distribution of dividend, profit, legal reserve, or capital reserve, whether in whole or in part, may be resolved in a board meeting with more than two-thirds of the board present, voted in favor by more than half of attending directors, and reported in the upcoming shareholder meeting.
The Company is currently in a stage of consistent growth, and after taking into consideration shareholders' interests and the organization's financial position and long-term prospects, no more than 90% of distributable earnings shall be paid out as dividends, with cash dividends amounting to no less than 10% of total dividends.
