Securities code: Foshan Haitian Flavouring And Food Company Ltd(603288) securities abbreviation: Foshan Haitian Flavouring And Food Company Ltd(603288) Announcement No.: 2022010 Foshan Haitian Flavouring And Food Company Ltd(603288)
Announcement of profit distribution plan for 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 proportion per share, conversion proportion per share.
Cash dividend of 0.76 yuan per share (including tax);
0.1 bonus shares per share (tax included).
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 amount of distribution (conversion) unchanged, adjust the proportion of distribution (conversion) per share accordingly, and announce the specific adjustment separately.
1、 Contents of profit distribution plan
Audited by KPMG Huazhen Certified Public Accountants (special general partnership), as of December 31, 2021, the company’s profit available for distribution at the end of the period was 711870578778 yuan. According to the resolution of the 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 is as follows:
1. The company plans to distribute a cash dividend of 7.60 yuan (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 4212576170 shares, based on which the cash dividend to be distributed is 320155788920 yuan (including tax); The cash dividend ratio of the company this year is 48%.
2. The company plans to send 1 bonus share (including tax) for every 10 shares to all shareholders. As of December 31, 2021, the total share capital of the company is 4212576170 shares. After this share transfer, the total share capital of the company is 4633833787 shares.
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 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.
2、 Decision making procedures performed by the company
(I) on March 24, 2022, the 20th meeting of the Fourth Board of directors and the 10th meeting of the Fourth Board of supervisors of the company deliberated and adopted the proposal on the company’s profit distribution plan in 2021. This profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
The profit distribution plan complies with the relevant provisions of the articles of association, and takes full account of the company’s current profitability, cash flow, business development needs, capital needs and other factors. At the same time, it can ensure the reasonable return of shareholders, which is conducive to the healthy, sustainable and stable development of the company. We agree to the profit distribution plan and agree to submit it to the board of directors for deliberation.
3、 Relevant risk tips
The profit distribution plan is formulated according to the company’s future capital needs, the company’s development stage and other factors, which will not have a significant impact on the company’s operating cash flow, nor on the company’s normal operation and long-term development.
It is hereby announced.
Foshan Haitian Flavouring And Food Company Ltd(603288) board of directors March 25, 2002
