Securities code: Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332) securities abbreviation: Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332) Announcement No.: 2022 － 008
Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332)
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: cash dividend of 6.87 yuan (including tax) for every 10 shares.
● the profit distribution is based on the total share capital on the date of equity distribution registration, and the specific date will be specified in the announcement of equity distribution implementation.
● if the total share capital of the company changes before the equity registration date of equity distribution, it is proposed to keep the total distribution unchanged, adjust the distribution proportion per share accordingly, and announce the specific adjustment separately.
1、 Profit distribution plan
Audited by Lixin Certified Public Accountants (special general partnership), as of December 31, 2021, the consolidated net profit attributable to the shareholders of Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332) (the “company” or “the company”) was 371987768046 yuan, and 10% of the statutory surplus reserve was withdrawn based on the net profit of the company in 2021 of 188410981135 yuan, Add 67785 Cecep Wind-Power Corporation(601016) 2 yuan of undistributed profit carried forward at the beginning of last year and deduct 87467553056 yuan of cash dividend in 2020, the profit available for distribution at the end of the period is 759958340127 yuan. After deliberation at the 19th meeting of the 8th board of directors, the company plans to distribute profits based on the total share capital on the date of equity distribution registration in 2021. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of RMB 6.87 (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 1625790949 shares. Based on this calculation, the total cash dividend to be distributed is 111691838196 yuan (including tax). The cash dividend ratio of the company in this year is about Jiangxi Firstar Panel Technology Co.Ltd(300256) %.
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 distribution proportion 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 19th meeting of the 8th board of directors of the company reviewed and approved the profit distribution and dividend distribution plan of the company in 2021, and agreed to the profit distribution plan, which needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
The board of directors shall perform the voting procedures on this matter in accordance with the requirements of the company law, the Listing Rules of Shanghai Stock Exchange and the articles of association. This cash dividend scheme balances the company’s current capital demand and future development investment, shareholders’ short-term cash dividend return and medium and long-term return, reflects the company’s reasonable return to investors, takes into account the reasonable needs of the company’s operation and development, and does not damage the interests of the company and small and medium-sized investors, It complies with the requirements of the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies (revised in 2022), the guidelines for the self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 – standardized operation and the articles of association of the China Securities Regulatory Commission. It is agreed to submit the proposal to the general meeting of shareholders of the company for deliberation. (III) opinions of the board of supervisors
The 15th meeting of the 8th board of supervisors of the company deliberated and approved the 2021 profit distribution and dividend distribution plan of the company. The board of supervisors considered that the decision-making procedure and profit distribution form of the cash dividend plan of the company were in line with relevant laws and regulations, the articles of association and other relevant provisions. At the same time, this cash dividend scheme balances the company’s current capital demand and future development investment, shareholders’ short-term cash dividend return and medium and long-term return, reflects the company’s reasonable return to investors, takes into account the reasonable needs of the company’s operation and development, does not damage the interests of minority shareholders, is in line with the company’s operating status, and is conducive to the company’s sustainable, stable and healthy development. It is agreed to submit the proposal to the general meeting of shareholders of the company for deliberation.
3、 Relevant risk tips
This profit distribution plan combines 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, and will not affect the company’s normal operation and long-term development; The profit distribution plan can only be implemented after being submitted to the 2021 annual general meeting of the company for deliberation and approval.
It is hereby announced.
Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited(600332) board of directors March 18, 2022
