Securities code: Guangzhou Jiacheng International Logistics Co.Ltd(603535) securities abbreviation: Guangzhou Jiacheng International Logistics Co.Ltd(603535) Announcement No.: 2022010 Guangzhou Jiacheng International Logistics Co.Ltd(603535)
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
Distribution ratio per share: cash dividend of 0.115 yuan per share (tax included)
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 confirmation of Guangdong Si Nong Certified Public Accountants (special general partnership), the net profit attributable to the owner of the parent company of Guangzhou Jiacheng International Logistics Co.Ltd(603535) (hereinafter referred to as "the company") in 2021 was 18240217144 yuan, and the statutory surplus reserve was withdrawn in accordance with the law of 86200747 yuan, plus the undistributed profit at the beginning of the year of 76626469763 yuan, The distributable profit in 2021 is 92270862619 yuan.
In order to provide sufficient and reasonable return on investment to shareholders and in combination with the capital needs of the company's current business development, the profit distribution plan for 2021 is proposed as follows:
1. The company plans to distribute a cash dividend of 1.15 yuan (including tax) to all shareholders for every 10 shares. Based on 160860576 shares of capital stock as of December 31, 2021, cash dividends of 1.15 yuan (tax included) will be distributed to all shareholders of the company registered on the equity registration date of cash dividend distribution in 2021. Based on this calculation, the total cash dividend to be distributed is 1849896624 yuan (tax included). The company's cash dividend accounts for 10.14% of the net profit attributable to the owner of the parent company of the listed company in the annual consolidated statements
2. The company plans to increase the share capital with capital reserve to all shareholders by 4.5 shares for every 10 shares. As of December 31, 2021, the total share capital of the company was 160860576 shares. After this increase, the total share capital of the company was changed to 233247835 shares.
The profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation.
2、 Description of cash dividend ratio less than 30% in this year
During the reporting period, the company realized a net profit of 18240217144 yuan attributable to the shareholders of the parent company, the accumulated undistributed profit of the parent company was 92270862619 yuan, and the total cash dividend to be distributed by the company was 1849896624 yuan (tax included), accounting for 10.14% of the net profit attributable to the shareholders of the listed company this year, less than 30%. The main reasons are as follows.
At present, the company is investing capital expenditure on a large scale. The Guangzhou Jiacheng International Logistics Co.Ltd(603535) Port Phase III project with the wholly-owned subsidiary Guangzhou Dajin Supply Chain Management Co., Ltd. as the construction main body is under construction, as well as the construction of cross-border e-commerce intelligent logistics center and supporting facilities. The project plans to build an integrated smart logistics center covering the whole link of cross-border e-commerce logistics, and provide one-stop services for e-commerce enterprises by coordinating and integrating the logistics resources of all links of cross-border e-commerce, including full link logistics services such as cross-border e-commerce collection, warehousing, packaging and centralized transportation, international transportation, tail process distribution and customs processing. The project is located in Guangzhou Jiacheng International Logistics Co.Ltd(603535) port Park, No. 8, Junma Avenue, Dongyong Town, Nansha District, Guangzhou. The total investment of the project is 671443000 yuan, which is used for infrastructure construction, purchase and installation of equipment and software. The construction of the company's multi-functional digital intelligence logistics center in Haikou City, Hainan Province has begun, and the digital intelligence processing and circulation center in Yangpu Economic Development Zone has also completed the land purchase procedures. It is about to start construction on a large scale, which also has a large capital demand.
The profit distribution plan comprehensively considers the company's current operating conditions, current capital needs, future development plans and providing sufficient and reasonable investment returns to shareholders. The retained earnings focus on improving the long-term return of investors in the future.
3、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 28th meeting of the 4th board of directors on March 9, 2022. The meeting deliberated and adopted the profit distribution plan for 2021 with 9 affirmative votes, 0 negative votes and 0 abstention votes, and agreed to submit the plan to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
The independent directors of the company believe that the profit distribution plan for 2021 comprehensively considers the company's current operating conditions, current capital needs, future development plans and providing sufficient and reasonable return on investment to shareholders, and complies with the relevant provisions of the profit distribution policy in the articles of association, as well as the requirements of relevant laws, regulations and normative documents. It not only fully considers the interests of the majority of shareholders, but also conforms to the current actual situation of the company, which is conducive to the long-term development of the company. There is no damage to the interests of the company and shareholders, especially the interests of minority shareholders.
4、 Relevant risk tips
The profit distribution plan can only be implemented after being deliberated and approved by the company's 2021 annual general meeting of shareholders. It is hereby announced.
Guangzhou Jiacheng International Logistics Co.Ltd(603535) board of directors March 10, 2022
