If the Company records a profit in the current year, it shall pay 6% to 18% of the profits as employee compensation, which shall be distributed either in the form of stocks or cash based on the resolution passed by the Board of Directors. The recipients of employee compensation shall include employees of subordinate companies who meet certain criteria. The Company shall distribute no more than 1% of the abovementioned amount of profits as director remuneration based on the resolution passed by the Board of Directors. The distribution of employee compensation and Director remuneration shall be reported to the shareholders’ meeting. However, where the Company still records an accumulated loss, the Company shall first retain a certain amount of its profits to make up for the loss before distributing employee compensation and Director remuneration according to the ratios mentioned in the preceding paragraph.
If a surplus is recorded in the Company’s final accounts in the current year, the Company shall first pay taxes, and then make up for accumulated losses before setting aside 10% of the remaining profits as a statutory reserve. However, no profit shall be set aside as statutory reserve if the accumulated amount reaches the amount of the Company’s total paid-in capital. The remaining profit shall then be set aside/reversed as a special reserve. If there is still a balance, the balance shall be combined with undistributed earnings. The Board of Directors shall propose an earnings distribution proposal to be submitted to the shareholders’ meeting for approval.
Considering the impact of future business expansion, capital requirements, and taxation on companies and shareholders when the Company life cycle is in its growth stage, the Company’s dividend policy is mainly based on the Company’s capital needs which are taken into account in its future capital budget plan. The Board of Directors shall propose an earnings distribution proposal to be submitted to the shareholders’ meeting for approval before earnings distribution is made. However, no less than 10% of the dividends in the current year shall be distributed as cash dividends.
Annual Dividends (Applicable after ratification by the Shareholders' Meeting)