Securities code: Shenzhen Minkave Technology Co.Ltd(300506) securities abbreviation: Shenzhen Minkave Technology Co.Ltd(300506) Announcement No.: 2022027 Shenzhen Minkave Technology Co.Ltd(300506)
Announcement on special instructions on no profit distribution in 2021
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.
Shenzhen Minkave Technology Co.Ltd(300506) (hereinafter referred to as "the company") held the 13th meeting of the 4th board of directors on April 1, 2022, deliberated and adopted the proposal on profit distribution plan in 2021. Now the special description of the distribution plan is announced as follows:
1、 Profit distribution plan for 2021
According to the audit report of Rongcheng Shenzi [2022] [518z0089] issued by Rongcheng Certified Public Accountants (special general partnership), the net profit attributable to the owner of the parent company in the consolidated statements of the company in 2021 is -52687192990 yuan, of which the net profit of the parent company is -42999482927 yuan. The profit available for distribution to shareholders at the end of the company's consolidated statements is -44018370164 yuan, of which the profit available for distribution to shareholders at the end of the parent company is -31825642814 yuan.
The profit distribution plan for 2021 proposed by the board of directors of the company is: no cash dividend, no bonus shares, and no conversion of provident fund into share capital. The profit distribution plan needs to be submitted to the general meeting of shareholders of the company for deliberation.
2、 Reasons for non distribution of profits in 2021
According to 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, the articles of association and other relevant company profit distribution policies, the principle of profit distribution is that the company attaches importance to the reasonable investment return to investors, maintains the continuity and stability of profit distribution policies, and takes into account the long-term interests of the company The overall interests of all shareholders and the sustainable development of the company. Profit distribution shall adhere to the principle of distribution in legal order and shall not exceed the scope of accumulated distributable profits. At the same time, the condition of cash dividend is that the distributable profit realized in the year is positive and the cash flow is abundant. The implementation of cash dividend by the company will not affect the normal operation and long-term development of the company.
In view of the company's losses in 2021, according to the company's strategic development plan and comprehensively considering the current macroeconomic environment, the company's operation status, capital status and other factors, in order to ensure the continuous and stable operation of the company's production and operation and the development of its main business, it is not planned to carry out profit distribution in 2021, so as to ensure the necessary and sufficient funds for the long-term development of the company and provide more stable and long-term returns for investors.
In the future, the company will always pay attention to the return to investors in the form of cash dividends. In strict accordance with relevant laws and regulations and the articles of association, the company will comprehensively consider various factors related to profit distribution, actively implement the company's profit distribution system from the perspective of conducive to the development of the company and the return of investors, and share the achievements of the company's development with investors.
3、 Opinions of independent directors
After review, we believe that the plan proposed by the board of directors of the company not to carry out profit distribution in 2021 is in line with the actual situation of the company and the cash dividend policy specified in the articles of association. The profit distribution plan has legitimacy, compliance and rationality, does not damage the rights and interests of minority shareholders, and is conducive to the long-term development of the company. Therefore, we agree to the profit distribution plan for 2021.
4、 Opinions of the board of supervisors
The board of supervisors believes that, in view of the company's business capital demand and operating cash flow, it does not meet the specified cash dividend conditions, and agrees that the profit distribution plan for 2021 is: no cash dividend, no bonus shares, and no conversion of provident fund into share capital. The profit distribution plan complies with the requirements on profit distribution in relevant regulations such as the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association of the China Securities Regulatory Commission, takes full account of the actual operation status and future development needs of the company in 2021, and is in line with the long-term interests of the company and all shareholders.
5、 Documents for future reference
1. Resolution of the 13th meeting of the 4th board of directors;
2. Resolution of the 12th meeting of the 4th board of supervisors;
3. Independent opinions of independent directors on matters related to the 13th meeting of the Fourth Board of directors. It is hereby announced.
Shenzhen Minkave Technology Co.Ltd(300506) board of directors
April 2, 2022
