Securities code: Willfar Information Technology Co.Ltd(688100) securities abbreviation: Willfar Information Technology Co.Ltd(688100) Announcement No.: 2022009 Willfar Information Technology Co.Ltd(688100)
Announcement of 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 integrity of its contents according to law.
Important content tips:
Distribution ratio per share: A shares will be distributed with a cash dividend of 0.26 yuan per share (including tax), no capital reserve will be converted into share capital, and no bonus shares will be given.
The profit distribution is based on the total share capital of Willfar Information Technology Co.Ltd(688100) Technology Co., Ltd. (hereinafter referred to as "the company") registered on the equity registration date of equity distribution, and the specific date will be specified in the announcement of equity distribution implementation.
If the total share capital of the company changes before the equity registration date of equity distribution, it is proposed to maintain the total distribution unchanged, adjust the distribution proportion per share accordingly, and make a separate announcement on the specific adjustment.
1、 Contents of profit distribution plan
Audited by Tianjian Certified Public Accountants (special general partnership), as of December 31, 2021, the parent company's accumulated profit available for distribution at the end of the period was RMB 64412218854. According to the resolution of the board of directors, the company plans to distribute profits 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 2.6 yuan (including tax) for every 10 shares to all shareholders. As of December 31, 2021, the total share capital of the company is 500000000 shares. Based on this calculation, it is proposed to pay a total cash dividend of 130 million yuan (including tax). The company's cash dividends accounted for 38.07% of the net profit attributable to shareholders of Listed Companies in the consolidated statements this year. 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 total distribution unchanged and adjust the distribution proportion per share 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 2021 annual general meeting of shareholders of the company for deliberation.
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 12th meeting of the second board of directors on February 25, 2022, deliberated and passed the proposal on the profit distribution plan of 2021, agreed to the profit distribution plan and agreed to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
All independent directors of the company believe that the profit distribution plan of the company in 2021 complies with the relevant provisions of the company law of the people's Republic of China, the securities law of the people's Republic of China and the articles of association. The implementation of the plan is in line with the interests of the company and all shareholders, is conducive to the sustainable and stable development of the company, and does not damage the interests of minority shareholders. Therefore, we agree to the company's profit distribution plan for 2021 and agree to submit it to the general meeting of shareholders for deliberation.
(III) opinions of the board of supervisors
The company held the 11th meeting of the second session of the board of supervisors on February 25, 2022, deliberated and passed the proposal on the profit distribution plan for 2021. The board of supervisors considered that the profit distribution plan for 2021 fully considered various factors such as the company's profitability, cash flow status and capital demand, and there was no damage to the interests of minority shareholders, which was in line with the current operation situation of the company, It is conducive to the sustainable, stable and healthy development of the company. Agree to this profit distribution plan and submit it to the 2021 annual general meeting of shareholders of the company for deliberation.
3、 Relevant risk tips
(I) analysis of the impact of cash dividends on earnings per share, cash flow status, production and operation of listed companies: this profit distribution plan combines the company's development stage, future capital demand and other factors, and will not have a significant impact on the company's operating cash flow, and will not affect the company's normal operation and long-term development.
(II) description of other risks: the profit distribution plan can be implemented only after it is submitted to the 2021 annual general meeting of the company for deliberation and approval. Please pay attention to investment risks.
It is hereby announced.
Willfar Information Technology Co.Ltd(688100) board of directors February 28, 2022
