Anhui Conch Cement Company Limited (“Conch Cement”) disclosed that its nine-member Board unanimously approved all 21 resolutions tabled at the 24 March 2026 board meeting.

Key operational and financial resolutions

1. FY 2025 performance & FY 2026 outlook • Net profit attributable to shareholders reached RMB 8.11 billion under PRC Accounting Standards (RMB 8.46 billion under IFRS). • Management’s 2026 business plan was endorsed, signalling continued focus on core cement operations and supply-chain extensions.

2. Dividend policy • Final dividend proposed at RMB 0.61 per share (tax inclusive). Based on 5,277.06 million outstanding shares (total issued shares of 5,299.30 million less 22.24 million shares held for repurchase), the cash distribution will amount to approximately RMB 3.22 billion. • Including the interim dividend of RMB 1.27 billion already paid, total FY 2025 cash dividends will be RMB 4.49 billion, representing a 55.29% payout of annual net profit. • For 1H 2026, the Board is authorised to declare an interim dividend of up to 30% of half-year net profit, subject to cash-flow conditions.

3. Capital expenditure • A RMB 11.82 billion investment budget for 2026 was approved, prioritising capacity upgrades, energy-saving and environmental projects, and upstream/downstream integration.

4. Asset impairment • FY 2025 provisions totalled RMB 906.99 million, comprising RMB 87.14 million in credit impairment and RMB 819.85 million in asset impairment.

5. Governance and capital structure • Cancellation of 22.24 million repurchased A-shares will reduce registered capital to 5,277.06 million shares; corresponding amendments to the Articles of Association were passed. • Ernst & Young Hua Ming LLP and Ernst & Young were reappointed as PRC, international and internal control auditors; 2026 audit fees set at RMB 5.25 million. • Shareholders will vote on renewed mandates to issue and repurchase H-shares, director and management remuneration, and guarantees for 22 subsidiaries and joint ventures.

The above proposals will be presented for shareholder approval at the forthcoming 2025 Annual General Meeting and, where applicable, at the first 2026 class meeting of A-shareholders.