Securities code: Sichuan Road & Bridge Co.Ltd(600039) securities abbreviation: Sichuan Road & Bridge Co.Ltd(600039) Announcement No.: 2022053
Sichuan Road & Bridge Co.Ltd(600039)
Announcement of profit distribution plan in 2021
The company and all members of the board of directors guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.
Important content tips:
Distribution ratio per share: cash dividend of 4.7 yuan (including tax) per 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 distribution amount per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately.
1、 Contents of profit distribution plan
Audited by ShineWing Certified Public Accountants (special general partnership), as of December 31, 2021, the distributable profit of Sichuan Road & Bridge Co.Ltd(600039) (hereinafter referred to as “the company”) at the end of the period was RMB 231580589846. According to the resolution of the 56th session of the 7th board of directors, the company’s annual profit distribution plan is as follows:
The company plans to distribute a cash dividend of 4.7 yuan (including tax) for every 10 shares based on the total share capital registered on the date of equity distribution and dividend registration. As of December 31, 2021, the total share capital of the company was 477543028900 shares. Based on this, the total distributed profit was 224445223583 yuan, and the remaining undistributed profit of the parent company was 7135366263 yuan, which was carried forward to be distributed in future years. The company plans not to convert capital reserve into share capital this time.
If the total share capital of the company changes between the date of disclosure of this announcement and the date of equity distribution and equity registration, it is proposed to maintain the amount of distribution per share unchanged, adjust the total amount of distribution accordingly, and make a separate announcement on the specific adjustment.
The cash dividend to be distributed by the company this year accounts for 40.21% of the net profit attributable to the shareholders of the listed company this year, which is in line with the articles of association and the adjusted shareholder return plan for Sichuan Road & Bridge Co.Ltd(600039) next three years (20202022).
The profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation.
Securities code: Sichuan Road & Bridge Co.Ltd(600039) securities abbreviation: Sichuan Road & Bridge Co.Ltd(600039) Announcement No.: 2022053
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 56th meeting of the 7th board of directors on March 29, 2022. The meeting approved the company’s profit distribution plan for 2021 by 11 votes in favor, 0 against and 0 abstention, and agreed to submit it to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
The board of directors of the company has drawn up the profit distribution plan for 2021 from the development stage, business characteristics and actual development of the company, and comprehensively considered the current capital demand and subsequent investment planning. We believe that the plan is in line with the profit distribution policy stipulated in the articles of association and the return plan for shareholders of the company. In line with the company’s long-term and sustainable development needs, the decision-making process is legal and does not harm the interests of the company and its shareholders, especially the minority shareholders. (III) opinions of the board of supervisors
The company held the 46th meeting of the 7th board of supervisors on March 29, 2022. The meeting deliberated and adopted the profit distribution plan for 2021 by 7 votes, 0 votes and 0 abstentions. The board of supervisors believes that the profit distribution plan of the company is in line with the actual situation and development needs of the company, the relevant provisions of the articles of association, the decision-making procedure is legal, and does not damage the interests of the company and its shareholders, especially the minority shareholders.
4、 Relevant risk tips
This profit distribution plan fully considers the company’s business development plan, its own business model, future capital demand and other factors, and will not have a significant impact on the company’s operating cash flow, nor will it affect the company’s normal operation and long-term development.
The profit distribution plan can only be implemented after being submitted to the general meeting of shareholders of the company for deliberation and approval. Investors are invited to pay attention to investment risks.
It is hereby announced.
Sichuan Road & Bridge Co.Ltd(600039) board of directors March 29, 2022
