Securities code: Guizhou Wire Rope Co.Ltd(600992) securities abbreviation: Guizhou Wire Rope Co.Ltd(600992) No.: 2022006 Guizhou Wire Rope Co.Ltd(600992)
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 0.038 yuan (including tax) per a share. 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 total distribution unchanged, adjust the amount of cash distributed per share accordingly, and make a separate announcement on the specific adjustment.
1、 Contents of profit distribution plan
According to the audit of Zhitong Certified Public Accountants (special general partnership), the net profit attributable to the owners of Guizhou Wire Rope Co.Ltd(600992) (hereinafter referred to as "the company") in 2021 was 3103166962 yuan. As of December 31, 2021, the company's profit available for distribution at the end of the period was RMB 29489351741. According to the resolution of the board of directors, the company plans to distribute profits based on the total share capital of the company registered on December 31, 2021 in 2021. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of 0.38 yuan (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 24509000 shares. Based on this calculation, 931342000 cash dividends (including tax) are proposed to be distributed. The company's cash dividends accounted for 30.01% of the net profit attributable to the shareholders of the listed company 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 amount of cash distributed 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 general meeting of shareholders for deliberation.
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 16th meeting of the 7th board of directors on March 10, 2022, and adopted the profit distribution plan for 2021 with 9 affirmative votes, 0 negative votes and 0 abstention, which was submitted to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
The company's annual profit distribution plan for 2021 is formulated on the premise of ensuring the normal operation and long-term development of the company, comprehensively considering the company's profitability, operation status and the return on investment of all shareholders, and complies with the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies The relevant provisions on profit distribution, such as the guidelines for cash dividends of listed companies on Shanghai Stock Exchange and the articles of association, do not harm the interests of shareholders of the company. We unanimously agreed on the profit distribution plan and submitted it to the 2021 annual general meeting of shareholders of the company for deliberation.
(III) opinions of the board of supervisors
The board of supervisors of the company believes that the profit distribution plan takes full account of the company's profitability, cash flow status, capital demand and other factors, does not harm the interests of minority shareholders, is in line with the current operation situation of the company, is conducive to the sustainable, stable and healthy development of the company, and is in line with the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies The relevant provisions on profit distribution, such as the guidelines for cash dividends of listed companies on Shanghai Stock Exchange and the articles of association, do not harm the interests of the company. Approve the company's 2021 annual profit distribution plan and submit it to the company's 2021 annual general meeting for deliberation.
3、 Relevant risk tips
(I) analysis of the impact of cash dividends on earnings per share, cash flow and production and operation of listed companies
This profit distribution plan comprehensively considers 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, normal operation and long-term development.
(II) description of other risks
The profit distribution plan must be submitted to the company's 2021 annual general meeting for deliberation and approval. Please pay attention to the investment risks.
It is hereby announced.
Guizhou Wire Rope Co.Ltd(600992) board of directors March 10, 2022
