Securities code: Lingyi Itech (Guangdong) Company(002600) securities abbreviation: Lingyi Itech (Guangdong) Company(002600) Announcement No.: 2022040 Lingyi Itech (Guangdong) Company(002600)
Description of the proposed special 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.
Lingyi Itech (Guangdong) Company(002600) (hereinafter referred to as "the company") the 19th meeting of the 5th board of directors and the 13th meeting of the 5th board of supervisors were held on April 7, 2022 by on-site combined with communication voting. The convening of the meeting complies with the provisions of the company law and the articles of association. The meeting deliberated and adopted the 2021 profit distribution plan. The relevant information is hereby announced as follows:
1、 2021 profit distribution plan
Audited by KPMG Huazhen Certified Public Accountants (special general partnership), the net profit attributable to the owner of the parent company in 2021 was 1180093100 yuan, of which the parent company realized a net profit of 2100365700 yuan. According to the relevant provisions of the company law and the articles of association, the statutory surplus reserve of 210366 million yuan is withdrawn according to 10% of the net profit realized by the parent company, plus the undistributed profit of 517199 million yuan of the parent company at the beginning of the year, minus the cash dividend of 0 Yuan distributed in the reporting period, the actual profit available for distribution to shareholders at the end of 2021 is 1942366 million yuan.
The company's profit distribution plan for 2021 is as follows: the company will not distribute cash dividends, bonus shares or increase share capital with capital reserve in 2021, and the remaining undistributed profits will be carried forward to the next year.
The proposal can only be implemented after being submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval.
2、 Reasons why the company plans not to make profit distribution in 2021
The total cash dividend of the company from 2019 to 2021 is 1408400800 yuan, and the total cash dividend is not less than 30% of the average annual distributable profit realized in the three years, which meets the requirements of the notice on matters related to the further implementation of cash dividend of listed companies, the regulatory guidelines for listed companies No. 3 - cash dividend of listed companies, and the shareholder return plan for the next three years (20192021).
According to the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association and other relevant provisions, taking into account the long-term development and short-term operation development of the company, the retained undistributed profits are used to meet the daily operation and investment needs of the company, which is conducive to ensuring the normal production, operation and stable development of the company, enhancing the ability to resist risks and realizing the sustainable, stable and healthy development of the company, In order to better safeguard the long-term interests of all shareholders, the company will not make profit distribution temporarily in 2021, nor will it use the capital reserve to increase the share capital.
3、 Purpose and plan of undistributed profits of the company
The undistributed profits of the company in 2021 will be accumulated and rolled over to the next year to meet the needs of the company's production and operation for working capital. 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 relevant provisions of the articles of association, comprehensively consider various factors related to profit distribution, actively implement the company's profit distribution policy from the perspective of conducive to the realization of the company's development strategic objectives and the return of investors, and share the achievements of the company's development with the majority of investors.
4、 Opinions of independent directors
After review, we believe that the company's profit distribution plan for 2021 is an objective judgment based on factors such as ensuring the company's long-term development and actual operating capital demand, complies with relevant provisions such as the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association, dividend management system and shareholder return planning, and does not damage the interests of the company's shareholders, especially small and medium-sized shareholders. Therefore, we agree to the company's 2021 profit distribution plan and agree to submit the plan to the company's 2021 annual general meeting for deliberation.
5、 Opinions of the board of supervisors
After review, the board of supervisors believes that the company's profit distribution plan for 2021 is formulated according to the actual situation of the company, in line with the relevant provisions of the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association, dividend management system and shareholder return planning, the review procedures are legal and compliant, in line with the company's long-term development strategy, and there is no damage to the interests of the company and all shareholders. Therefore, we agree to the company's profit distribution plan for 2021.
6、 Documents for future reference
1. Resolutions of the 19th meeting of the 5th board of directors;
2. Resolutions of the 13th meeting of the 5th board of supervisors;
3. Independent opinions of independent directors on matters related to the 19th meeting of the 5th board of directors of the company.
It is hereby explained.
Board of directors
April 7, 2002
