| Q: | What is Maywufa’s dividend policy and historical dividend payout? |
| A: | Maywufa is going through a phase of steady business expansion and adopts a stable and balanced dividend policy. Every year, the Board of Directors recommends a distribution ratio taking into consideration capital needs and financial plans of the company and demand of cash income from shareholders. In principle, distribution of stock dividends may not exceed 50% of total dividends for the year. However, distribution ratio of stock and cash dividends may be appropriately adjusted according to business and capital needs, stock market conditions, and changes of major laws and regulations. |
