Securities code: Zijin Mining Group Company Limited(601899) stock abbreviation: Zijin Mining Group Company Limited(601899) No.: pro 2022015 Zijin Mining Group Company Limited(601899)
Announcement of 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 amount per share: cash dividend of 0.2 yuan per share (tax included).
● the profit distribution is based on the total number of shares registered on the date of equity distribution, and the specific date will be specified in the announcement of equity distribution implementation.
● if the total number of shares of the company changes before the equity registration date of equity distribution, it is proposed to maintain the distribution amount per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately.
1、 Contents of profit distribution plan in 2021
Audited by Ernst & Young Huaming Certified Public Accountants (special general partnership), according to Chinese accounting standards, the net profit attributable to the shareholders of the parent company in the consolidated statements of the company in 2021 is 15672870591 yuan. The net profit realized by the parent company in 2021 was 3350881756 yuan, plus the undistributed profit of 8057693409 yuan in previous years. After deducting the dividends and dividends implemented by the parent company in 2021, the interest paid on renewable bonds and the legal surplus reserve withdrawn, as of December 31, 2021, the cumulative distributable profit of the parent company was 7969010281 yuan.
After deliberation and approval at the 10th meeting of the 7th board of directors, the company plans to distribute profits based on the total number of shares registered on the equity registration date of equity distribution in 2021. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of 2 yuan (including tax) to all shareholders for every 10 shares. As of the date of this announcement, the total number of shares of the company is 26329312240. Based on this calculation, the total cash dividend to be distributed is 5265862448 yuan (including tax). The proportion of cash dividends of the company this year was 33.60%.
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, the company plans to maintain the distribution amount per share unchanged and adjust the total distribution 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 10th meeting of the 7th board of directors on March 18, 2022, and unanimously deliberated and adopted the company’s profit distribution plan for 2021.
(II) opinions of independent directors
The independent directors of the company have expressed their independent opinions on the profit distribution plan for 2021. The independent directors believe that the board of directors of the company has fully demonstrated when formulating the profit distribution plan, which not only ensures the continuity and stability of the company’s profit distribution policy, but also takes into account the long-term interests of the company, the overall interests of all shareholders and the sustainable development of the company. The above profit distribution plan complies with the relevant provisions on cash dividends in the articles of association and the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies. When considering the profit distribution plan, the voting procedure of the board of directors is legal and effective, and agrees to submit the matter to the 2021 annual general meeting of shareholders of the company for deliberation.
(III) opinions of the board of supervisors
The 10th meeting of the 7th board of supervisors of the company deliberated and approved the 2021 profit distribution plan of the company. The board of supervisors believes that the profit distribution plan objectively reflects the actual operation of the company in 2021, complies with relevant laws and regulations and the articles of association, the profit distribution procedure is legal and compliant, and there is no damage to the interests of shareholders of the company.
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, nor will it affect the company’s normal operation and long-term development.
It is hereby announced.
Zijin Mining Group Company Limited(601899)
Board of directors
March 19, 2002
