Dividend payments to shareholders shall be paid in the amount not less than 50% of the net profit of SAFE’s separate financial statements after the deduction of corporate income tax, and other legal reserves as annually prescribed by relevant laws and SAFE. The Board of Directors will consider the dividend payment by taking into account various factors mainly for the benefit of shareholders, such as economic conditions, the company's operating results and financial position, cash flow, reserves for future investments, reserve for repayment of loans or as working capital within the company, conditions and limitations as specified in the loan agreement. The dividend payment has no significant impact on the Company's normal operations as the Board of Directors deems appropriate.