Securities code: Allwinnertech Technology Co.Ltd(300458) securities abbreviation: Allwinnertech Technology Co.Ltd(300458) Announcement No.: 20220325-006 Allwinnertech Technology Co.Ltd(300458)
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.
Allwinnertech Technology Co.Ltd(300458) (hereinafter referred to as “the company”) held the 14th meeting of the 4th board of directors on March 24, 2022, deliberated and adopted the proposal on the company’s profit distribution plan in 2021. The profit distribution plan can only be implemented after being submitted to the company’s 2021 annual general meeting for deliberation and approval. The details are announced as follows:
1、 Basic information of 2021 profit distribution plan
Audited by Tianjian Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the parent company in the consolidated statements of the company in 2021 is 49445875971 yuan. According to the relevant provisions of the company law and the articles of association, the statutory surplus reserve of Shenzhen S.C New Energy Technology Corporation(300724) 2947 yuan is withdrawn according to 10% of the net profit realized by the parent company, but the accumulated legal surplus reserve does not exceed 50% of the registered capital. As of December 31, 2021, the profit available to shareholders of the parent company was 129961061042 yuan.
According to the guidance of the CSRC to encourage listed companies to pay cash dividends and give investors stable and reasonable returns, on the premise of conforming to the principle of profit distribution and ensuring the normal operation and long-term development of the company, the company has formulated a profit distribution plan for 2021 in accordance with the relevant provisions of the company law and the articles of association: Based on the company’s existing total share capital of 331 Sichuan Haowu Electromechanical Co.Ltd(000757) shares, Distribute cash dividends of RMB 5.00 (including tax) to all shareholders for every 10 shares, and distribute cash dividends of RMB 16550037850 (including tax) in total without bonus shares; At the same time, the capital reserve is used to increase 9 shares for every 10 shares to all shareholders, with a total of 297900681 shares. After the increase, the total share capital of the company is 628901438 shares. The remaining undistributed profits are carried forward to subsequent years.
Before the implementation of the profit distribution plan, if the share capital of the company changes, the distribution proportion will be adjusted according to the principle that the total distribution amount remains unchanged.
2、 Legality and compliance of profit distribution plan
The profit distribution plan complies with the provisions of the company law, the notice on further implementing the matters related to cash dividends of listed companies issued by the CSRC, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies issued by the CSRC, the articles of association and other regulations, which is conducive to all shareholders sharing the company’s operating results, matching the company’s operating performance and future development, and has legitimacy, compliance and rationality.
The profit distribution plan has been deliberated and adopted at the 14th meeting of the 4th board of directors and the 13th meeting of the 4th board of supervisors, and the independent directors of the company have expressed their independent opinions on this matter.
3、 Other instructions
1. This 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. This matter is still uncertain. Please pay attention to the investment risks.
2. Before the disclosure announcement of this distribution plan, the company strictly controlled the scope of insiders and fulfilled the obligation of confidentiality and prohibition of insider trading to relevant insiders.
It is hereby announced.
Allwinnertech Technology Co.Ltd(300458) board of directors March 25, 2022
