Securities code: China Hainan Rubber Industry Group Co.Ltd(601118) securities abbreviation: China Hainan Rubber Industry Group Co.Ltd(601118) Announcement No.: 2022020 China Hainan Rubber Industry Group Co.Ltd(601118)
Announcement of profit distribution plan for 2021
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
China Hainan Rubber Industry Group Co.Ltd(601118) (hereinafter referred to as “the company”) plans to distribute RMB cash dividend of 0.106 yuan (including tax) for every 10 shares to all shareholders based on the total share capital of 4279427797 shares, with a total distributed profit of 4536193465 yuan.
This profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
1、 Main contents of 2021 profit distribution plan
Audited by Zhongshen Zhonghuan Certified Public Accountants (special general partnership), in 2021, the company (parent company statement) realized a total net profit of 16761061041 yuan, plus the total undistributed profit of 55478850487 yuan at the beginning of the year, and then withdrew 10% of the legal surplus reserve of 1676106104 yuan. After that, the cash dividend of 2396480850 yuan in 2020 was distributed in 2021, and the profit available for distribution to shareholders at the end of the period was 68167324574 yuan.
According to the company’s capital status and the relevant provisions of the CSRC on dividends of listed companies, it is hereby proposed to distribute RMB cash dividends of 0.106 yuan (including tax) to all shareholders for every 10 shares based on the company’s total share capital of 4279427797 shares at the end of 2021, with a total distributed profit of 4536193465 yuan, accounting for 30.09% of the net profit attributable to shareholders of Listed Companies in the company’s consolidated statements, The remaining undistributed profit of 63631131109 yuan is carried forward to the distribution of the next year, and shares will not be sent or increased this time.
2、 Decision making procedures performed by the company
1. Deliberations of the board of directors
On April 7, 2022, the company held the 8th meeting of the 6th board of directors, deliberated and adopted the China Hainan Rubber Industry Group Co.Ltd(601118) 2021 annual profit distribution plan. This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation and approval.
2. Opinions of independent directors
All independent directors of the company gave their independent opinions on the profit distribution plan for China Hainan Rubber Industry Group Co.Ltd(601118) 2021, and believed that the profit distribution plan proposed by the company comprehensively considered the company’s financial situation and future development capital needs, met the relevant provisions of the articles of association, was conducive to the implementation of the company’s future business plan and did not harm the interests of the company and shareholders. Agree to the motion.
3. Opinions of the board of supervisors
On April 7, 2022, the company held the fifth meeting of the sixth board of supervisors, deliberated and adopted the China Hainan Rubber Industry Group Co.Ltd(601118) 2021 annual profit distribution plan. The supervisors attending the meeting believed that the profit distribution plan was put forward on the premise of ensuring the normal operation and long-term development of the company, comprehensively considering the operation and development of the company and the interests of the majority of investors, in line with the articles of association and other relevant provisions, in line with the needs of the company’s future operation and development, and conducive to the healthy, stable and sustainable development of the company.
3、 Relevant risk tips
The profit distribution plan comprehensively considers 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 of the company.
It is hereby announced.
China Hainan Rubber Industry Group Co.Ltd(601118) board of directors
April 11, 2022
