Securities code: Wuxi Chipown Micro-Electronics Limited(688508) securities abbreviation: Wuxi Chipown Micro-Electronics Limited(688508) Announcement No.: 2022011 Wuxi Chipown Micro-Electronics Limited(688508)
Announcement of profit distribution plan for 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities for the authenticity, accuracy and integrity of the contents.
Important content tips:
● distribution ratio per share: cash dividend of 6.00 yuan (including tax) will be distributed for every 10 shares. The company will not give bonus shares and will not convert capital reserve into increase.
● the profit distribution is based on the total share capital of 113098500 shares on December 31, 2021. 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 announce the specific adjustment separately.
1、 Contents of profit distribution plan
Audited by notary Tianye Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the parent company of Wuxi Wuxi Chipown Micro-Electronics Limited(688508) Electronics Co., Ltd. (hereinafter referred to as "the company") in 2021 was 20128092467 yuan; As of December 31, 2021, the company's profit available for distribution at the end of the period was RMB 42730439627. After deliberation and approval at the 9th meeting of the 4th board of directors, the company's profit distribution plan for 2021 is as follows:
The company plans to distribute cash dividends of RMB 6.00 (tax included) for every 10 shares to all shareholders based on the total share capital of 113098500 shares on December 31, 2021, with a total of RMB 67859100 (tax included). The amount of profit distribution accounts for 33.71% of the net profit attributable to shareholders of listed companies in the consolidated statements of 2021. No capital reserve will be converted into share capital and no bonus shares will be given this time.
If the total share capital of the company changes 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 between the date of passing this proposal and the date of equity distribution and equity registration, the company plans to maintain the total distribution unchanged, adjust the distribution proportion per share accordingly, and will announce the specific adjustment separately.
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 9th meeting of the 4th board of directors on March 17, 2022. The meeting deliberated and passed the proposal on the profit distribution plan in 2021, agreed to the profit distribution plan and agreed to submit the plan to the annual general meeting of shareholders in 2021 for deliberation.
(II) opinions of independent directors
The 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, the notice on further implementing the matters related to cash dividends of listed companies (zjf [2012] No. 37), the Listing Rules of Shanghai Stock Exchange on the science and innovation board and the articles of association, and fully considers various factors such as the company's operation, shareholder return and future development, In line with the current actual situation of the company. The implementation of the plan is in line with the interests of the company and all shareholders, and there is no damage to the interests of minority shareholders. We unanimously agree on the company's 2021 profit distribution plan and submit the plan to the company's 2021 annual general meeting for deliberation.
(III) opinions of the board of supervisors
The board of supervisors believes that the company's profit distribution plan for 2021 complies with the relevant provisions of relevant laws and regulations on profit distribution, takes full account of the company's current overall operation, the company's development stage, future development capital demand and shareholder investment return, and meets the company's development needs.
3、 Relevant risk tips
The company's 2021 profit distribution plan combines the company's development, future capital demand and other factors, and will not have an adverse impact on the company's cash flow from operating activities, nor will it affect the company's normal operation and long-term development. The company's profit distribution plan for 2021 can only be implemented after being submitted to the company's 2021 annual general meeting for deliberation and approval. Investors are invited to pay attention to investment risks.
It is hereby announced.
Wuxi Chipown Micro-Electronics Limited(688508) board of directors March 18, 2022
