Stock Code: Dongjiang Environmental Company Limited(002672) stock abbreviation: Dongjiang Environmental Company Limited(002672) Announcement No.: 202216
Dongjiang Environmental Company Limited(002672)
Announcement on 2021 profit distribution plan
The company and all members of its board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Dongjiang Environmental Company Limited(002672) (hereinafter referred to as “the company”) deliberated and approved the 2021 profit distribution plan of the company at the 18th meeting of the 7th board of directors and the 9th meeting of the 7th board of supervisors held on March 25, 2022. This profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation. Relevant matters are specifically announced as follows:
1、 The 2021 profit distribution plan
According to the standard unqualified audit report issued by Zhongshen Zhonghuan Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the parent company in 2021 was 16074496302 yuan, and the net profit of the parent company in 2021 was 32967009072 yuan. According to the requirements of relevant laws and regulations, normative documents and the articles of association, such as the notice on further implementing matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and other relevant laws and regulations, the company’s profit distribution plan for 2021 is as follows: 1. Withdraw the statutory surplus reserve, and withdraw the statutory surplus reserve of 3296700907 yuan according to 10% of the parent company’s net profit.
2. Plus the undistributed profit of the parent company at the beginning of the period of 13847287119 yuan, minus the distributed profit of the period of 9671938122 yuan, the profit available for distribution to the shareholders of the parent company at the end of the period is 158475657162 yuan.
3. Based on the total share capital of 879267102 shares of the company, a cash dividend of 0.55 yuan (including tax) is distributed for every 10 shares, with a total cash dividend of 4835969061 yuan. In this distribution, the capital reserve will not be converted into share capital or bonus shares, and the remaining undistributed profits at the end of the period will be carried forward to the distribution of subsequent years.
If the total share capital of the company changes due to the conversion of convertible bonds into shares, share repurchase, equity incentive exercise, refinancing and listing of new shares before the implementation of the distribution plan, it will be adjusted accordingly according to the principle of fixed total cash dividends. 2、 Legality, compliance and rationality of profit distribution plan
The profit distribution plan is proposed on the premise of ensuring the normal operation and long-term development of the company and comprehensively considering the development strategy, business development needs and the interests of the majority of investors, It complies with the relevant provisions on profit distribution in the notice on further implementing matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and the articles of association, the company’s shareholder return plan for the next three years (20212023), the profit distribution policy determined by the company and the shareholder’s long-term return plan, and has legitimacy, compliance and rationality, It is conducive to fully protect the legitimate rights and interests of small and medium-sized investors.
3、 Decision making procedure of this profit distribution plan
1. Deliberations of the board of directors
The 18th meeting of the 7th board of directors deliberated and approved the 2021 profit distribution plan of the company and agreed to submit the above proposal to the general meeting of shareholders of the company for deliberation.
2. Deliberation of the board of supervisors
The 9th meeting of the 7th board of supervisors deliberated and approved the plan for profit distribution of the company in 2021. The opinions of the board of supervisors are as follows:
After review, the board of supervisors considered that the company’s profit distribution plan for 2021 was legal and compliant, in line with the relevant provisions on cash dividends in the notice on further implementing matters related to cash dividends of listed companies, regulatory guidelines for listed companies No. 3 – cash dividends of listed companies and the articles of Association, and in line with the provisions and requirements of the company’s shareholder return plan for the next three years (20212023), Agree to submit the above proposal to the general meeting of shareholders of the company for deliberation.
3. Opinions of independent directors
The profit distribution plan for 2021 proposed by the board of directors of the company complies with the articles of association, the shareholder return plan for the next three years (20212023) and other relevant provisions, conforms to the actual situation of the company, comprehensively considers the future development of the company and the reasonable return of shareholders, and is conducive to safeguarding the interests of the company and all shareholders. Therefore, it is agreed to submit the plan to the general meeting of shareholders of the company for deliberation.
4、 Risk tips
1. Before the announcement of this profit distribution plan, the company strictly controlled the scope of insiders and fulfilled the obligation of confidentiality and prohibition of insider trading to relevant insiders.
2. 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. Please pay attention to and pay attention to the investment risks.
5、 Documents for future reference
1. Resolution of the 18th meeting of the 7th board of directors of the company.
2. Resolution of the 9th meeting of the 7th board of supervisors of the company. 3. Opinions of independent directors on relevant matters. It is hereby announced.
Dongjiang Environmental Company Limited(002672) board of directors March 26, 2022
