After all the accounts are settled, taxes paid, deficits offset, and the legal/special reserve appropriated, the remaining earnings will be distributed as follows:

1. Preferred stock dividends at 14% of the par value.
2. Common stock dividends at no more than 14% of the par value.
3. The rest of the remaining earnings will be appropriated proportionally to the preferred stockholders and common stockholders as bonuses.
   If it is necessary, a special reserve will be allotted according to the resolution of the board, and it will be distributed to the stockholders of the preferred stock in the event when there aren’t enough earnings for distribution.