Securities code: 000651 securities abbreviation: Gree Electric Appliances Inc.Of Zhuhai(000651) Announcement No.: 2022-010 Gree Electric Appliances Inc.Of Zhuhai(000651)
Announcement of resolutions of the 32nd meeting of the 11th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Gree Electric Appliances Inc.Of Zhuhai(000651) (hereinafter referred to as “the company” and “the company”) sent a notice on convening the 32nd meeting of the 11th board of directors by e-mail on February 10, 2022, and the meeting was held by means of communication voting on February 13, 2022. The meeting was presided over by the chairman, Ms. Dong Mingzhu. There were 7 directors who should attend the meeting, 7 directors who actually attended the meeting, and the company’s supervisors and the Secretary of the board of directors attended the meeting as nonvoting delegates. The convening and convening of the meeting shall comply with the provisions of the company law of the people’s Republic of China (hereinafter referred to as the “company law”) and the Gree Electric Appliances Inc.Of Zhuhai(000651) articles of Association (hereinafter referred to as the “articles of association”).
After deliberation at the meeting, the interim profit distribution plan for 2021 was adopted with 7 affirmative votes, 0 negative votes and 0 abstention
While paying attention to its own development, the company attaches great importance to returning shareholders with operating performance. In order to establish a scientific, sustainable and stable shareholder return mechanism, effectively protect the legitimate rights and interests of shareholders and promote the rational development of capital market, the board of directors of the company has formulated and announced the shareholder return plan for the next three years (2022-2024) on January 24, 2022. Considering the current operation, development planning, capital status and the consistency of cash dividend policy, the company plans to implement the medium-term dividend in 2021, as follows:
The company (parent company) realized a net profit of 7887628443.72 yuan (Unaudited) in the first half of 2021. As of June 30, 2021, the profit available for distribution to shareholders was 59671300572.90 yuan (Unaudited). In combination with relevant laws and regulations and the provisions of the articles of association, the company plans to temporarily distribute cash dividends of 10 yuan (including tax) for every 10 shares to all shareholders based on the total number of 5536677733 shares with profit distribution right on February 11, 2022 (the total share capital is 5914469040 shares, deducting 377791307 shares held in the company’s repurchase account), Instead of converting the reserve fund into share capital, a total of 5536677733 yuan of cash dividends were distributed. According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – share repurchase, the shares in the special repurchase account do not enjoy the right of profit distribution. If the total amount of shares entitled to profit distribution of the company changes due to equity incentive exercise, convertible bonds into shares, share repurchase and other reasons from the date of disclosure of the distribution plan to the date of equity distribution and equity registration, the company will adjust the total amount of dividends according to the principle of unchanged distribution proportion per share. The above profit distribution plan complies with the company law, the notice on further implementing matters related to cash dividends of listed companies, the regulatory guidelines for listed companies No. 3 – cash dividends of listed companies and the articles of association of the company. The cash dividend level of the company is higher than the average level of Listed Companies in the industry.
The independent directors expressed their independent opinions on the proposal. See the relevant announcement disclosed by the company on cninfo.com on the same day for details.
The proposal needs to be submitted to the general meeting of shareholders for deliberation.
It is hereby announced.
Gree Electric Appliances Inc.Of Zhuhai(000651) board of directors February 14, 2002
