Securities code: Hichain Logistics Co.Ltd(300873) securities abbreviation: Hichain Logistics Co.Ltd(300873) Announcement No.: 2022007 Hichain Logistics Co.Ltd(300873)
Announcement on the 2021 profit distribution plan and the plan of converting reserve fund into share capital
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.
Hichain Logistics Co.Ltd(300873) (hereinafter referred to as “the company”) held the 16th meeting of the second board of directors on March 2, 2022, deliberated and approved the plan for profit distribution and conversion of provident fund into share capital in 2021. The specific conditions of the plan are hereby announced as follows:
1、 Basic information of profit distribution and plan of converting accumulation fund into share capital
(I) specific conditions
Audited by Zhonghua Certified Public Accountants (special general partnership), the parent company realized a net profit of 7669428234 yuan in 2021, withdrew 766942823 yuan from the statutory surplus reserve, and realized a distributable profit of 6902485411 yuan in that year. As of December 31, 2021, the parent company had accumulated undistributed profit of 20087280213 yuan and capital reserve of 108177983031 yuan. In the consolidated financial statements, the net profit attributable to the owners of the parent company in 2021 was 30929611940 yuan, the statutory surplus reserve was 766942823 yuan, and the distributable profit in that year was 30162669117 yuan. As of December 31, 2021, the company’s consolidated statements had accumulated undistributed profit of 80780851628 yuan and capital reserve of 108311563928 yuan. In accordance with relevant laws and regulations and the articles of association, taking into account the interests of shareholders and the long-term development of the company, it is planned to distribute cash dividends of RMB 4.5 (including tax) to all shareholders for every 10 shares based on the total share capital as of December 31, 2021, and increase 6 shares to all shareholders for every 10 shares with capital reserve.
If the total share capital of the company changes due to the conversion of convertible bonds into shares, share repurchase, equity incentive exercise, refinancing and listing of new shares before the implementation of the distribution plan, the company will adjust the distribution proportion according to the principle of unchanged total distribution.
(II) compliance and rationality of profit distribution plan
The profit distribution plan of the company complies with the provisions of the company law, the notice on further implementing the matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and other laws and regulations and the articles of association, On the premise of ensuring the normal operation and long-term development of the company, the cash dividend scheme fully considers the reasonable interests of the majority of investors, conforms to the company’s profit distribution policy and is conducive to all shareholders to share the operating results of the company’s growth. The implementation of the above profit distribution scheme will not cause the shortage of working capital or other adverse effects of the company, and conforms to the company’s strategic planning and development expectations.
(III) matching between profit distribution plan and the company’s growth
In view of the actual operation and profitability of the company and the good expectation for the future development of the company, on the premise of conforming to the company’s profit distribution policy and ensuring the normal operation and long-term development of the company, this profit distribution plan fully considers the interests and reasonable demands of the majority of investors, matches the company’s business performance and future development, and is in line with the expansion of the company’s business scale The actual situation of the continuous growth of the main business. The implementation of the plan will not cause the shortage of working capital or other adverse effects of the company, is conducive to the majority of investors to participate in and share the operating results of the company’s development, and takes into account the immediate and long-term interests of shareholders.
2、 Opinions of independent directors
The independent directors believe that the company’s 2021 profit distribution plan and the plan for converting provident fund into share capital match the company’s performance growth, meet the needs of the company’s actual business and future development, and have legitimacy, compliance and rationality. It is agreed that the 16th meeting of the second board of directors of the company will consider and approve the plan for profit distribution and conversion of provident fund into share capital in 2021, and agree to submit the plan to the 2021 annual general meeting of shareholders for deliberation. 3、 Opinions of the board of supervisors
The board of supervisors believes that, in view of the continuous and stable development of the company’s business and the continuous expansion of its business scale, on the premise of ensuring the normal operation and long-term development of the company, in order to better take into account the immediate and long-term interests of shareholders, the plan for profit distribution and transfer of provident fund to share capital in 2021 proposed by the company matches the growth of the company’s performance, Comply with the provisions of the company law and the articles of association, and have legitimacy, compliance and rationality. 4、 Risk tips
The profit distribution plan and the plan of converting public accumulation fund into share capital still need to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation. Please pay attention to the investment risks.
5、 Documents for future reference
1. Resolutions of the 16th meeting of the second board of directors; 2. Resolutions of the 14th meeting of the second board of supervisors; 3. Independent opinions of independent directors on matters related to the 16th meeting of the second board of directors. It is hereby announced.
Hichain Logistics Co.Ltd(300873) board of directors March 3, 2022
