Securities code: Shanghai Sk Automation Technology Co.Ltd(688155) securities abbreviation: Shanghai Sk Automation Technology Co.Ltd(688155) Announcement No.: 2022029 Shanghai Sk Automation Technology Co.Ltd(688155)
Announcement on 2021 profit distribution plan
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 responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
The company will not make profit distribution in 2021 and will not convert capital reserve into share capital.
The company’s profit distribution plan for 2021 has fully taken into account the company’s industry development, the company’s development stage, the continuous expansion of business scale and R & D investment, the large capital demand and other factors.
The company’s profit distribution plan for 2021 has been deliberated and approved at the 34th meeting of the second board of directors and the 27th meeting of the second board of supervisors, and needs to be submitted to the company’s 2021 annual general meeting for deliberation. 1、 Contents of profit distribution plan
According to the audit of Shanghai accounting firm (special general partnership), as of December 31, 2021, the net profit attributable to the owner of the parent company of Shanghai Sk Automation Technology Co.Ltd(688155) (hereinafter referred to as “the company”) is RMB 7006354423.
Taking full account of the current development period of the company, the continuous expansion of R & D projects and business scale, large capital demand and other factors, in order to better safeguard the long-term interests of all shareholders and ensure the sustainable development and capital demand of the company, the company plans not to distribute profits or convert capital reserve into share capital in 2021, and the remaining undistributed profits will be accumulated to the next year.
The profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Description of no profit distribution in 2021
In 2021, the company plans not to make profit distribution, taking full account of the company’s industry development, the company’s development stage, the continuous expansion of business scale and R & D investment, the large capital demand and other factors.
(I) industry situation and characteristics of the company
The company’s intelligent manufacturing equipment industry has a certain technical threshold, requires large R & D investment and strict quality requirements. Most intelligent automation equipment have non-standard attributes, so it is necessary to carry out targeted R & D and design according to the needs of customers and the requirements of customers’ processing and manufacturing processes and processes, so as to meet the rapid and efficient automatic production of a certain product or a certain type of product. In recent years, China’s manufacturing industry has entered a critical period of industrial upgrading, intellectualization and automation transformation, and the intelligent automation equipment industry has also ushered in a golden period of industry development. At present, China’s intelligent automation equipment is mainly used in automobile, engineering machinery, logistics and warehousing, electronics and other industries. The industrial demand market is mainly concentrated in Jiangsu, Zhejiang, Guangdong, Shanghai and other regions with intensive automobile, machinery and electronics industries. With the increasing popularity of automation and intelligence in the future, intelligent automation equipment will gradually penetrate into more industrial manufacturing fields, such as food and beverage, daily consumer goods, medicine, etc., and the application field and degree will be significantly improved.
(II) development stage of the company and its own business model
The company always focuses on the established development strategy and business objectives, constantly explore the market to ensure the continuous and stable growth of business performance, and increase R & D investment to enhance the company’s core competitiveness. The company will continue to strengthen the research and development of various flexible technologies in the field of intelligent equipment of new energy vehicles, and continue to surpass in practice in combination with the projects jointly developed with customers; Continue to increase the comprehensive and in-depth development in the testing field, from outsourcing to independent research and development, so as to improve their core competitiveness; Continue to strengthen the construction in high value-added fields such as software, MES and industrial big data, and strive to improve the comprehensive strength of the company. Therefore, the company needs to maintain sufficient funds to ensure R & D investment, enhance technical reserves, improve process level, expand high-end talent team and improve market share, so as to continuously improve its comprehensive competitiveness in the industry.
(III) profitability and capital demand of the company
In 2021, the net profit attributable to the owner of the parent company was 7006354423 yuan. The profitability of the company has been continuously enhanced and the overall financial situation is good. In the process of continuous research and development of products and technologies, new investment projects and equity acquisition, more funds are needed to ensure the healthy and sustainable development of the company. (IV) reasons for the company’s failure to pay cash dividends
Fully considering that the company is currently in the development period, with large R & D investment and large capital demand, in order to better safeguard the long-term interests of all shareholders and ensure the sustainable development and capital demand of the company.
(V) 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 working capital needs brought by the company’s production and operation and project investment. The company will continue to strictly comply with relevant laws and regulations and the provisions of Shanghai Sk Automation Technology Co.Ltd(688155) articles of Association (hereinafter referred to as the “articles of association”), comprehensively consider various factors related to profit distribution, actively implement the company’s profit distribution policy from the perspective of being conducive to the development of the company and the return of investors, and share the achievements of the company’s development with the majority of investors.
3、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 34th meeting of the second board of directors on April 8, 2022. With 9 affirmative votes and 0 negative votes, the proposal on the company’s profit distribution plan in 2021 was considered and adopted. The proposal fully takes into account the factors such as the company’s current development period, the continuous expansion of R & D projects and business scale, large capital demand and so on, so as to better safeguard the long-term interests of all shareholders, To ensure the sustainable development and capital demand of the company, it is agreed that the company will not distribute profits or convert capital reserve into share capital in 2021, and it is agreed to submit the plan to the 2021 annual general meeting of shareholders for deliberation.
(II) opinions of independent directors
The independent directors believe that the profit distribution plan of the company in 2021 is in line with the actual operation of the company, the company law of the people’s Republic of China, the articles of association and other relevant provisions, and there is no violation of laws and regulations and damage to the future development of the company and the interests of shareholders, especially small and medium-sized shareholders. In conclusion, we unanimously agree to the proposal on the company’s profit distribution plan for 2021 and agree to submit the matter to the general meeting of shareholders for deliberation.
(III) opinions of the board of supervisors
The board of supervisors believes that the company’s profit distribution plan for 2021 is in line with the company’s actual operation and future capital needs, in line with the company law of the people’s Republic of China, the articles of association and other relevant provisions, and there is no situation that damages the future development of the company and the interests of shareholders, especially small and medium-sized shareholders. Therefore, the board of supervisors unanimously agreed to the proposal on the company’s profit distribution plan for 2021.
4、 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) the 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.
It is hereby announced.
Shanghai Sk Automation Technology Co.Ltd(688155) board of directors April 9, 2022
