Securities code: Hunan Warrant Pharmaceutical Co.Ltd(688799) securities abbreviation: Hunan Warrant Pharmaceutical Co.Ltd(688799) Announcement No.: 2022007 Hunan Warrant Pharmaceutical Co.Ltd(688799)
Announcement on the company’s 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 legal liabilities for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
A cash dividend of RMB 7.00 (including tax) will be distributed 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. The profit distribution plan needs to be submitted to the company’s 2021 annual general meeting for deliberation.
1、 Contents of profit distribution plan
Audited by Tianjian Certified Public Accountants (special general partnership), Hunan Warrant Pharmaceutical Co.Ltd(688799) (hereinafter referred to as “the company”) achieved a net profit of RMB 16076074100 attributable to the shareholders of the parent company and a net profit of RMB 11001930634 of the parent company in 2021; At the end of the reporting period, the distributable profit of the parent company was 42779720620 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 cash dividends of RMB 7.00 (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 93800000 shares. Based on this calculation, the total cash dividend to be distributed is RMB 656 Shanghai Pudong Development Bank Co.Ltd(600000) 0 (including tax). The total cash dividends of the company in this year accounted for 40.84% of the net profit attributable to shareholders of the parent company in this year.
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.
This profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Procedures performed by the company
(I) deliberations of the board of directors
The company held the third meeting of the third board of directors on March 26, 2022, deliberated and approved the company’s 2021 annual profit distribution plan, and agreed to submit the above profit distribution plan to the company’s 2021 annual general meeting for deliberation.
Voting results: 7 in favor, 0 against and 0 abstention, passed by vote.
(II) opinions of independent directors
The company’s profit distribution plan for 2021 complies with the provisions of laws, regulations, normative documents and the articles of association, conforms to the actual situation of the company, is conducive to the long-term development of the company, conforms to the interests of all shareholders, and does not damage the interests of minority shareholders. It is agreed to submit the above profit distribution 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 third meeting of the third board of supervisors on March 26, 2022, and reviewed and approved the company’s profit distribution plan for 2021. The board of supervisors of the company believes that the profit distribution plan of the company in 2021 conforms to the provisions of laws, regulations, normative documents and the articles of association, conforms to the actual situation of the company, is conducive to the long-term development of the company, conforms to the interests of all shareholders, and does not damage the interests of minority shareholders. The board of supervisors agreed to submit the above profit distribution plan to the 2021 annual general meeting of the company for deliberation.
3、 Relevant risk tips
(I) 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) 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. There is uncertainty. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Hunan Warrant Pharmaceutical Co.Ltd(688799) board of directors March 29, 2022
