Demingli Proposes Second 2026 Interim Dividend of RMB 6.00 per 10 Shares

The payout ratio carries more signal than the headline figure: cumulative 2026 cash dividends equal only 6.07% of first-three-quarter attributable net profit, a modest distribution relative to earnings rather than an aggressive return of capital. For holders, the relevance lies in whether this reflects a deliberate retention policy to fund operations or simply a conservative payout habit. The open question is whether the company sustains this cadence of interim distributions through the rest of 2026, and what the low share of profit implies about capital needs.