Cambricon Announces 2025 Equity Distribution Plan

Cambricon Unveils 2025 Profit Distribution Plan with Generous Shareholder Returns

On May 6, leading domestic AI chip company Cambricon (688256.SH) released an announcement detailing the specific arrangements for its 2025 annual equity distribution plan. The company plans to distribute a cash dividend of RMB 15 per 10 shares (before tax) to all shareholders, based on the total share capital registered on the equity record date minus shares held in the dedicated buyback account. Additionally, the company will issue 4.9 bonus shares per 10 shares from its capital reserve.

Key Points of the Distribution Plan

According to the announcement, the key dates for this equity distribution are as follows:

• Record Date: May 7, 2026
• Ex-Dividend Date: May 8, 2026

This means investors who hold Cambricon shares at the close of trading on May 7, 2026, will be entitled to receive the cash dividend and bonus shares. The plan adopts a combined approach of "cash dividend plus capital reserve bonus issue," ensuring shareholders receive tangible cash returns while expanding the company's share base through the bonus issue, which is conducive to enhancing stock liquidity.

The cash dividend of RMB 15 per 10 shares represents a substantial payout, reflecting Cambricon's proactive approach to rewarding investors following improved business performance. The bonus issue of 4.9 shares per 10 shares further expands the company's total share capital, helping to lower the per-share price threshold and attract a broader range of investors.

Cambricon's Performance and Industry Context

As a benchmark enterprise in China's AI chip sector, Cambricon has experienced rapid business growth in recent years, benefiting from the explosive expansion of the artificial intelligence industry. The company specializes in the research, development, and sales of intelligent chips and related foundational system software, with products spanning cloud-based intelligent chips and accelerator cards, edge intelligent chips and accelerator cards, and other categories widely deployed in data centers, intelligent computing centers, and similar scenarios.

Against the backdrop of continuously rising global demand for AI computing power, the strategic value of domestically produced AI chips has become increasingly prominent. Cambricon has secured a significant position in China's AI inference and training markets with its proprietary SiYuan series chips. The introduction of this relatively generous profit distribution plan also indirectly reflects the company's improved profitability and stronger cash flow position.

Market Outlook

The implementation of this equity distribution plan sends a clear signal to the market about Cambricon's confidence in its development prospects and its commitment to shareholder interests. As domestic AI infrastructure construction continues to advance and large model applications accelerate their deployment, demand in the AI chip market is expected to maintain rapid growth. Whether Cambricon can sustain improvements in profitability and maintain stable returns for shareholders amid fierce market competition warrants continued investor attention.

Investors should note that on the ex-dividend date (May 8, 2026), the company's share price will undergo a corresponding ex-rights and ex-dividend adjustment, resulting in a technical price decline. This is a normal market mechanism.