At the June 26, 2025 annual shareholders’ meeting, Wuliangye General Manager Hua
Tao said the company will honor its scheduled annual cash dividend commitment.
It will advance share buybacks and subsequent cancellations in accordance with
regulations and cooperate with a major shareholder’s planned stake increase. The
the company will timely start preparing a new three‑year active return plan and
continue to strengthen investor communication to return cash to all
shareholders.