Securities code: Anhui Zhongyuan New Materials Co.Ltd(603527) securities abbreviation: Anhui Zhongyuan New Materials Co.Ltd(603527) Announcement No.: 2022021 Anhui Zhongyuan New Materials Co.Ltd(603527)
Announcement of annual profit distribution plan in 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
Cash dividend of 0.20 yuan (including tax) per share of a 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.
1、 Contents of profit distribution plan
According to the audit of Rongcheng Certified Public Accountants (special general partnership), as of December 31, 2021, the distributable profit of the parent company of Anhui Zhongyuan New Materials Co.Ltd(603527) (hereinafter referred to as "listed company" or "company") at the end of the period was 23746946257 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: the listed company plans to distribute a cash dividend of 2 yuan (including tax) for every 10 shares to all shareholders. As of December 31, 2021, the total share capital of the company is 24382400 shares. Based on this calculation, the total cash dividend to be distributed is 4876480000 yuan (including tax). The proportion of cash dividends of the company this year was 35.45%.
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 due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, 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.
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 12th meeting of the 4th board of directors on March 25, 2022 and approved the profit distribution plan for 2021 by 8 votes in favor, 0 against and 0 abstention. This profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
After verification, the company's profit distribution plan comprehensively considers the company's current operating performance, development prospect and future growth potential, and the content of the plan matches the company's performance growth; Fully considering the reasonable demands of the majority of investors, it is conducive to all shareholders to share the operating results of the company's development. The plan is consistent with the guidance of the CSRC on encouraging cash dividends of listed companies, and conforms to the profit distribution policy, profit distribution plan and relevant systems determined by the company. We unanimously agreed on the company's profit distribution plan for 2021 and submitted this proposal to the 2021 annual general meeting of shareholders for deliberation.
(III) opinions of the board of supervisors
The board of supervisors believes that the company's profit distribution plan for 2021 complies with the relevant provisions on dividends in the company law of the people's Republic of China, the securities law of the people's Republic of China and the Anhui Zhongyuan New Materials Co.Ltd(603527) articles of association, complies with the company's dividend distribution policy, reflects the company's return to investors, and the profit distribution plan for 2021 has legitimacy, compliance and rationality.
3、 Relevant risk tips
The profit distribution plan comprehensively considers the capital needs and financing planning of the company's future development, and will not have a significant impact on the company's earnings per share and operating cash flow, nor affect the company's normal operation and long-term development. This profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation, and there is still uncertainty. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Anhui Zhongyuan New Materials Co.Ltd(603527) board of directors March 28, 2022
