Securities code: 688368 securities abbreviation: Shanghai Bright Power Semiconductor Co.Ltd(688368) Announcement No.: 2022-006 Shanghai Bright Power Semiconductor Co.Ltd(688368)
Announcement of annual profit distribution plan in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content tips:
Distribution ratio per share: cash dividend of 4.0 yuan per share (including tax).
The profit distribution is based on the total share capital registered on the equity distribution registration date, and the specific date will be specified in the equity distribution implementation announcement.
If the total share capital of the company changes before the equity registration date of equity distribution, it is proposed to maintain the distribution proportion per share unchanged, adjust the total distribution accordingly, and make a separate announcement on the specific adjustment.
1、 Contents of profit distribution plan
According to the audit of Lixin Certified Public Accountants (special general partnership), as of December 31, 2021, Shanghai Bright Power Semiconductor Co.Ltd(688368) (hereinafter referred to as "the company") the distributable profit of the parent company at the end of the period was RMB 806029089.66; The net profit attributable to the shareholders of the parent company in 2021 was 677420694.85 yuan.
According to the resolution of the 21st Meeting of the second board of directors, the company plans to distribute profits in 2021 based on the total share capital registered on the date of equity distribution. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of RMB 40 (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 62030080 shares. Based on this calculation, the total cash dividend to be distributed is 248120320 yuan (including tax), accounting for 36.63% of the company's net profit attributable to shareholders of Listed Companies in 2021.
If the total share capital of the company changes from the date of disclosure of this announcement to the date of equity distribution and equity registration due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, the company plans to maintain the distribution proportion per share unchanged and adjust the total distribution accordingly. In case of subsequent changes in the total share capital, the specific adjustment will be announced separately.
The profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation.
2、 Decision making procedures performed by the company
1. Convening, deliberation and voting of the board meeting
The company held the 21st Meeting of the second board of directors on February 23, 2022, deliberated and approved the proposal of the company's 2021 annual profit distribution plan, and agreed to submit the proposal to the company's 2021 annual general meeting for deliberation.
2. Opinions of independent directors
The independent directors of the company believe that:
1. The company's profit distribution plan for 2021 takes into account the actual situation of the company's development and the rationality of the company's long-term development strategy and shareholders' return, which is conducive to the sustainable and stable development of the company and the maintenance of shareholders' interests; 2. The decision-making procedure of the company's profit distribution plan in 2021 complies with the requirements of relevant laws and regulations on profit distribution, and there is no situation that damages the interests of investors.
Therefore, we have expressed our independent opinions on the proposal of the company's profit distribution plan for 2021 considered at the 21st Meeting of the second board of directors.
3. Opinions of the board of supervisors
The board of supervisors believes that the annual profit distribution plan of the company in 2021 complies with the provisions of relevant laws and regulations and the articles of association, the decision-making procedure is legal, takes into account the current development of the company, the future development capital demand and the return on investment of shareholders, meets the development needs of the company, and fully considers the interests of all shareholders, There is no situation that damages the interests of the company's shareholders, especially the minority shareholders.
3、 Relevant risk tips
(I) this cash dividend has no material impact on the company's earnings per share, cash flow status and production and operation.
(II) the profit distribution plan can only be implemented after being submitted to the general meeting of shareholders for deliberation and approval. There is uncertainty. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Shanghai Bright Power Semiconductor Co.Ltd(688368) board of directors February 24, 2022
