The Company is in an industry of high-quality interior fittings for luxury brands and its life cycle is in the phrase of business expansion and steady growth. considering that the Company's overall developments, financial planning, fund needs and prosperity and prospects of the industry and ensuring the protection of shareholders' interests, the Company shall adopt a conservative and sound dividend policy for dividend distribution. Subject to Statute, Article 12.4(a) and this Article and except as otherwise provided by the rights attached to any Shares, the Company may distribute profits in accordance with a proposal for profits distribution approved by the Board and sanctioned by the Members by an Ordinary resolution, in annual general meetings. If there are profits, in making the profits distribution recommendation, the Board shall set aside put of profits of the Company for each financial year:
 

(1)	A reserve for payment of tax for the relevant financial year;
(2)	An amount to offset losses incurred in previous years;
(3)	A special surplus reserve as required by the applicable securities authority under the Applicable Public Company Rules.

After combining accumulated undistributed earnings in the previous years and setting aside a certain amount of remaining profits of such financial year as a reserves of reserves for development purposes with teh Statute, the remaining amount shall be distributed in the following sequence and manner upon approval of the Members:
 

(1)	no less than 0.2% as employees' bonus
(2)	no more than 5% as directors' bonus
(3)	no less than 20% to the Members as Dividends, provided that, cash Dividends shall not be less than 10% of the total amount of Dividends. Based on the resolution passed by the Board of Directors, dividends paid to shareholders and employee bonuses may distributed by cash or stock or a combination of both. The Board of Directors may adjust the proportion of cash dividends to be distributed according to the actual profits and operations of the year. When employee bonuses are distributed by stock, employees of subsidiaries meeting certain specific requirements may be entitled to the distribution of bonuses by stock and cash. No interest should be paid by the Company in respect of the undistributed dividends and bonuses.