Securities code: Changhong Meiling Co.Ltd(000521) , 200521 securities abbreviation: Changhong Meiling Co.Ltd(000521) , hongmeiling B Announcement No.: 2022015 Changhong Meiling Co.Ltd(000521)
Announcement on 2021 profit distribution plan
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.
Changhong Meiling Co.Ltd(000521) (hereinafter referred to as “the company” or “the company”) held the 16th meeting of the 10th board of directors on March 29, 2022, deliberated and adopted the plan on profit distribution of the company in 2021, which needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval. The details are hereby announced as follows:
1、 Basic information of 2021 profit distribution plan
Audited by ShineWing Certified Public Accountants (special general partnership): in 2021, the net profit realized in the individual statements of the company’s parent company was 6746446466 yuan. According to relevant regulations, the undistributed profit at the beginning of this year is 94387933946 yuan, after deducting 5177642060 yuan of 2020 annual profit distributed in that year and 674644647 yuan of legal surplus reserve, the cumulative undistributed profit in individual statements of the parent company at the end of 2021 is 95282093705 yuan. In addition, the net profit attributable to the owners of the parent company in the consolidated statements of the company in 2021 was 5189838884 yuan, and the accumulated undistributed profit in the consolidated statements at the end of 2021 was 73412972400 yuan.
In accordance with the relevant provisions of the guidelines for the supervision of listed companies No. 3, the company law, the articles of association and the shareholder return plan for Changhong Meiling Co.Ltd(000521) next three years (20212023), and on the premise of conforming to the principle of profit distribution and ensuring the interests of shareholders and the long-term development needs of the company, the board of directors of the company proposes that the company’s profit distribution plan for 2021 be based on the total share capital on the equity registration date when the company implements the annual equity distribution plan for 2021 in the future, Distribute a cash dividend of 0.5 yuan (including tax) to all shareholders for every 10 shares, and do not give bonus shares or increase the share capital with the accumulation fund. Based on the total share capital of 1029923715 shares of the company as of March 29, 2022 (the company has completed the cancellation procedures for the repurchased B shares in Shenzhen Branch of China Securities Depository and Clearing Corporation Limited on March 2, 2022), it is expected to distribute a cash dividend of 5149618575 yuan (including tax). After this distribution, the remaining accumulated undistributed profit of the parent company is 90132475130 yuan, and the remaining undistributed profit is carried forward for distribution in subsequent years.
The aforesaid profit distribution plan complies with the profit distribution policy stipulated in the articles of association and the shareholder return plan for Changhong Meiling Co.Ltd(000521) next three years (20212023), and there is no significant difference between the cash dividend level and the average level of Listed Companies in the industry to which the company belongs.
2、 Compliance and rationality of 2021 profit distribution plan
The profit distribution plan complies with the company law, the securities law, the accounting standards for business enterprises, the notice on further implementing the matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash bonus of listed companies, the articles of association and the shareholder return plan for the Changhong Meiling Co.Ltd(000521) next three years (20212023) issued by the China Securities Regulatory Commission. The company’s profit distribution plan for 2021 fully considers the company’s current and future cash flow, development stage and investment capital demand, takes into account the legitimate rights and interests of all investors, and gives investors a reasonable return on investment. The implementation of the plan will not have a significant impact on the company’s operating interests, especially the distribution of cash flow to minority shareholders in 2021.
3、 Decision making procedures for the implementation of this profit distribution plan
1. Deliberations of the board of directors
The proposal on annual profit distribution of the company was reviewed and approved at the 16th General Meeting of the company held on February 29, 2021, and was unanimously submitted to the 16th General Meeting of the company.
2. Opinions of the board of supervisors
The board of supervisors believes that the formulation of the company’s profit distribution plan for 2021 complies with the articles of association and relevant regulations, the decision-making procedure is legal, meets the needs of the company’s development, takes full account of the interests of all shareholders, and there is no situation that damages the interests of the company’s shareholders, especially the minority shareholders.
3. Independent opinions of independent directors of the company
The formulation of the company’s 2021 profit distribution plan complies with the relevant provisions of laws and regulations and the articles of association, the shareholder return plan for Changhong Meiling Co.Ltd(000521) next three years (20212023), the actual situation and profit distribution policy of the company, takes full account of the interests of various shareholders, is conducive to protecting the interests of the company and investors, especially small and medium-sized investors, and agrees with the profit distribution plan formulated by the board of directors, And agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
4、 Relevant risk tips
This plan can only be implemented after being submitted to the 2021 annual general meeting of the company for deliberation and approval. There is uncertainty. Please invest rationally and pay attention to investment risks.
5、 Documents for future reference
1. The resolution of the 16th meeting of the 10th board of directors signed by the attending directors and stamped with the seal of the board of directors; 2. The resolution of the 13th meeting of the 10th board of supervisors signed by the attending supervisors;
3. Independent opinions of independent directors on relevant proposals of the 16th meeting of the 10th board of directors;
4. Other documents required by SZSE.
It is hereby announced
Changhong Meiling Co.Ltd(000521) board of directors March 31, 2002
