Stock abbreviation: Hainan Strait Shipping Co.Ltd(002320) Stock Code: Hainan Strait Shipping Co.Ltd(002320) Announcement No.: 202206 Hainan Strait Shipping Co.Ltd(002320)
Announcement on 2021 profit distribution plan
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are liable for false records, misleading statements or major omissions in the announcement.
Hainan Strait Shipping Co.Ltd(002320) (hereinafter referred to as "the company") deliberated and adopted the proposal on the profit distribution plan in 2021 at the sixth meeting of the seventh board of directors and the fourth meeting of the seventh board of supervisors held on March 9, 2022. This proposal needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation. The relevant matters are hereby announced as follows:
1、 Basic contents of 2021 profit distribution plan
Audited by Tianzhi International Certified Public Accountants (special general partnership), the net profit of the company's parent company in 2021 was 25169007022 yuan, the statutory surplus reserve was 2516900702 yuan, plus the proceeds from the sale of Hainan Haiqi Transportation Group Co.Ltd(603069) shares held by the company, the profit available for distribution to shareholders in that year was 29473938222 yuan, plus the undistributed profit of the company at the beginning of the year was 82357100239 yuan, Less 20803376412 yuan of cash dividends distributed in the reporting period, the profit available for distribution to shareholders of the company is 91027662049 yuan.
The board of directors of the company formulated the profit distribution plan for 2021 as follows:
In 2021, based on 2228933187 shares of the company's total share capital on December 31, 2021, it is proposed to distribute cash dividends of 1.00 yuan (tax included) and bonus shares of 0 shares (tax included) to all shareholders for every 10 shares, and do not transfer capital reserve to all shareholders. The remaining undistributed profits are carried forward to the following years.
2、 Legality and compliance of profit distribution plan
The 2021 profit distribution plan proposed by the company complies with the provisions of the company law, the securities law, the accounting standards for business enterprises, the notice on further implementing the matters related to cash dividends of listed companies, the regulatory guidelines for listed companies No. 3 - cash dividends of listed companies, the articles of association and other documents. The proportion of cash dividends in the profit distribution plan shall not be less than 20%, Conform to the cash dividend proportion determined in the profit distribution policy formulated by the company, and the profit distribution plan is legal, compliant and reasonable. There is no significant difference between the company's cash dividend level and the average level of Listed Companies in the industry.
3、 Matching of profit distribution plan and company growth
In view of the company's current stable operating capacity and good financial situation, combined with the company's future development prospects and strategic planning, on the premise of ensuring the company's normal operation and long-term development, and fully considering the interests and reasonable demands of investors, especially small and medium-sized investors, the profit distribution plan proposed by the company is conducive to its further sharing of the company's development achievements, It takes into account the immediate and long-term interests of shareholders and matches the company's operating performance and future development.
4、 Relevant review and approval procedures
The plan has been deliberated and voted by all members of the sixth meeting of the seventh board of directors and the fourth meeting of the seventh board of supervisors held on March 9, 2022, and agreed to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
The independent directors reviewed the company's profit distribution plan for 2021 and asked relevant personnel of the company about the relevant situation. Combined with the company's share capital, financial status, development plan, capital demand and other factors, they believed that the company's profit distribution plan for 2021 took into account the reasonable return of shareholders and the needs of the company's sustainable development, and the cash dividend level was reasonable, It conforms to the company's profit distribution policy and is conducive to safeguarding the long-term interests of shareholders. Therefore, we agree to the profit distribution plan for 2021.
5、 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, which is uncertain. Please pay attention to and pay attention to the investment risk.
6、 Other instructions
Before the disclosure of this distribution plan, the company strictly controlled the scope of insiders and fulfilled the obligation of confidentiality and prohibition of insider trading to relevant insiders.
7、 Documents for future reference
1. Resolutions of the sixth meeting of the seventh board of directors of the company;
2. Resolutions of the fourth meeting of the seventh board of supervisors of the company;
3. Independent opinions of independent directors on matters related to the sixth meeting of the seventh board of directors of the company.
It is hereby announced
Hainan Strait Shipping Co.Ltd(002320)
Board of directors
March 11, 2002
