Securities code: Beijing Kingsoft Office Software Inc(688111) securities abbreviation: Beijing Kingsoft Office Software Inc(688111) Announcement No.: 2022009 Beijing Kingsoft Office Software Inc(688111)
Announcement of 2021 annual profit distribution plan
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 legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content tips:
Distribution ratio per share: 7 yuan in cash (tax included) for every 10 shares
The profit distribution is based on the total share capital registered on the equity distribution registration date, and the specific date will be specified in the equity distribution implementation announcement.
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 make a separate announcement on the specific adjustment.
According to the audit of ShineWing Certified Public Accountants (special general partnership), as of December 31, 2021, Beijing Kingsoft Office Software Inc(688111) (hereinafter referred to as “the company”) had a profit available for distribution of 34851800990 yuan at the end of the period. According to the resolution of the 22nd Meeting of the second board of directors, the company plans to distribute profits based on the total share capital registered on the date of equity distribution in 2021.
The profit distribution plan of the company in 2021 is as follows:
The company plans to distribute a cash dividend of 7 yuan (including tax) for every 10 shares to all shareholders. As of December 31, 2021, the total share capital of the company is 461000000 shares. Based on this calculation, the total cash dividend to be distributed is 322700000 yuan (including tax). The cash dividend amount of the company in this year accounts for 30.99% of the net profit attributable to the parent company in 2021. If the total amount of shares to be repurchased and transferred due to the announcement of the company’s share repurchase and distribution will remain unchanged on the date of the announcement, and the company will adjust the total amount of shares to be repurchased and transferred due to the announcement of the company’s share repurchase and distribution, and the company’s share capital will be cancelled accordingly.
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 22nd Meeting of the second board of directors on March 23, 2022, deliberated and passed the proposal on the company’s profit distribution plan in 2021, agreed to the profit distribution plan and agreed to submit the plan to the company’s 2021 annual general meeting for deliberation.
(II) opinions of independent directors
All independent directors of the company believe that: after review, we believe that according to the company’s long-term development strategy, combined with the company’s actual business situation and considering the company’s 2022 business plan, this profit distribution plan is in line with the company’s actual situation and development needs, does not harm the interests of minority shareholders, and complies with relevant laws and regulations, normative documents, Beijing Kingsoft Office Software Inc(688111) articles of association and other relevant provisions, We agree to the 2021 profit distribution plan proposed by the board of directors of the company and agree to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
(III) opinions of the board of supervisors
The company held the 19th meeting of the second session of the board of supervisors on March 23, 2022, which deliberated and approved the proposal on the company’s profit distribution plan for 2021. The board of supervisors believed that the company’s profit distribution plan for 2021 fully considered various factors such as the company’s profitability, cash flow status and capital demand, and there was no damage to the interests of minority shareholders, which was in line with the current situation of the company’s operation and was conducive to the company’s sustainability, stability Healthy development. Agree to this profit distribution plan and submit it to the 2021 annual general meeting of shareholders of the company for deliberation.
3、 Relevant risk tips
(I) analysis of the impact of cash dividends on earnings per share, cash flow status, production and operation of listed companies 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, normal operation and long-term development.
(II) description of other risks
The profit distribution plan can only be implemented after being submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval.
It is hereby announced.
Beijing Kingsoft Office Software Inc(688111) board of directors March 24, 2022
