Securities code: Avary Holding (Shenzhen) Co.Limited(002938) securities abbreviation: Avary Holding (Shenzhen) Co.Limited(002938) Announcement No.: 2022012 Avary Holding (Shenzhen) Co.Limited(002938)
Announcement on the company’s profit distribution plan in 2021
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.
Avary Holding (Shenzhen) Co.Limited(002938) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the company’s profit distribution plan in 2021 at the 17th meeting of the second board of directors held on March 16, 2022, and submitted the plan to the company’s 2021 annual general meeting for deliberation. The profit distribution plan is hereby announced as follows:
1、 Profit distribution plan in 2021
According to article 5.3.2 of the Listing Rules of Shenzhen Stock Exchange, when a listed company formulates a profit distribution plan, it shall be based on the profits available for distribution in the statements of the parent company. At the same time, in order to avoid over distribution, the company shall determine the specific profit distribution proportion based on the principle of the lower of the distributable profits in the consolidated statements and the statements of the parent company.
The profit distribution plan for 2021 is: Based on the profits available for distribution of the parent company, it is proposed to distribute a cash dividend of 5.00 yuan (including tax) to all shareholders for every 10 shares based on the total share capital of 2321475816 shares on December 31, 2021 and the total share capital of the company after the repurchase and cancellation of 2321155816 shares of restricted shares that do not meet the conditions for lifting the restrictions due to the resignation of incentive objects, A total of 1160577908 yuan of cash dividends were distributed. The profit distribution statement is as follows:
(unit: yuan)
Project amount
Net profit 212175297414
Less: statutory surplus reserve (10% withdrawal) 21217529741
Add: balance of undistributed profits of previous years 215171220643
Less: profit distribution quota of the previous year 115571540800
Profit available for distribution this year 290557447516
Cash dividends to be distributed in this year: 1160577908
2、 Opinions of independent directors
The formulation of the company’s 2021 profit distribution plan takes into account the industry characteristics of the enterprise, the development stage of the company, its own business model and capital demand, which is in line with the actual situation of the enterprise and the relevant provisions of the articles of association and the shareholder return plan for the next three years (20212023) on the cash dividend policy. Therefore, we believe that the company’s profit distribution plan for 2021 is reasonable, agree to the profit distribution plan and agree to submit it to the company’s 2021 annual general meeting for deliberation.
3、 Other instructions
The above profit distribution plan complies with the profit distribution policy stipulated in the articles of association and the company’s shareholder return plan for the next three years (20212023). There is no significant difference between the company’s cash dividend level and the average level of Listed Companies in the industry.
In addition to the above changes in the total share capital of the company due to the repurchase and cancellation of restricted shares, if the total share capital of the company changes due to share repurchase, refinancing, listing of new shares and other reasons before the implementation of the distribution plan, the distribution proportion will be adjusted accordingly according to the principle that the total distribution amount remains unchanged, Please note that the profit distribution ratio of the company has the risk of adjustment due to the change of total share capital.
It is hereby announced.
Avary Holding (Shenzhen) Co.Limited(002938) board of directors March 17, 2022
