Securities code: Shandong Dongyue Organosilicon Materials Co.Ltd(300821) securities abbreviation: Shandong Dongyue Organosilicon Materials Co.Ltd(300821) Announcement No.: 2022016 Shandong Dongyue Organosilicon Materials Co.Ltd(300821)
Announcement on the company’s profit distribution plan for 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.
Shandong Dongyue Organosilicon Materials Co.Ltd(300821) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the company’s profit distribution plan in 2021 at the sixth meeting of the second board of directors and the sixth meeting of the second board of supervisors held on March 21, 2022, which needs to be deliberated and approved by the 2021 annual general meeting of shareholders. The relevant information is hereby announced as follows:
1、 Basic information of profit distribution plan
Audited and confirmed by Tianjian Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in 2021 was 1150634500 yuan, and the profit available for distribution in the consolidated statement at the end of 2021 was 1502896500 yuan; In 2021, the parent company realized a net profit of 1152049 million yuan. The statutory surplus reserve of 1152049 million yuan was withdrawn according to 10% of the company’s net profit, plus the undistributed profit of 6174669 million yuan at the beginning of the year. After deducting the cash dividend of 150 million yuan distributed in 2020 in 2021, the distributable profit of the parent company at the end of 2021 was 1504311 million yuan. In view of the company’s current stable operation and good development prospects in the future, in order to better repay the majority of investors, and on the premise of conforming to the company’s profit distribution policy and ensuring the company’s normal operation and long-term development, the company puts forward the profit distribution plan for 2021:
Based on the total share capital of 120 million shares of the company as of December 31, 2021, a cash dividend of 3.80 yuan (tax included) was distributed to all shareholders for every 10 shares, a total of 456 million yuan (tax included) was distributed, and the remaining undistributed profits were carried forward to the next year.
If the total share capital of the company changes before the implementation of the distribution plan, the company will adjust the total distribution according to the principle of unchanged distribution proportion.
2、 Opinions of the board of supervisors
On March 21, 2022, the sixth meeting of the second session of the board of supervisors deliberated and approved the proposal on the company’s 2021 annual profit distribution plan. After deliberation, the board of supervisors considered that the company’s 2021 annual profit distribution plan was in line with the actual situation of the company, better took into account the interests and demands of shareholders on the premise of ensuring the normal operation and long-term development of the company, and there was no violation of laws, regulations and the articles of association, There is no situation that damages the interests of the company’s shareholders, especially the minority shareholders. The board of supervisors agreed to the proposal on the company’s profit distribution plan for 2021.
3、 Opinions of independent directors
After review, the independent directors believe that the plan for profit distribution of the company in 2021 formulated by the board of directors comprehensively considers the current actual situation of the company, conforms to the implementation of the company’s future business plan and the long-term interests of all shareholders, and the decision-making process complies with relevant laws and regulations. They agree with the proposal of the company’s profit distribution plan in 2021 and submit the proposal to the general meeting of shareholders for deliberation.
4、 Other instructions
This profit distribution plan can only be implemented after being reviewed and approved by the company’s 2021 annual general meeting of shareholders. There is uncertainty. Please pay attention to the investment risks.
5、 Documents for future reference
1. Shandong Dongyue Organosilicon Materials Co.Ltd(300821) the resolution of the sixth meeting of the second board of directors;
2. Shandong Dongyue Organosilicon Materials Co.Ltd(300821) the resolution of the sixth meeting of the second board of supervisors;
3. Opinions of the 6th independent board meeting.
It is hereby announced.
Shandong Dongyue Organosilicon Materials Co.Ltd(300821) board of directors March 22, 2022
