Securities code: Changshu Tianyin Electromechanical Co.Ltd(300342) securities abbreviation: Changshu Tianyin Electromechanical Co.Ltd(300342) announcement Code: 2022013
Changshu Tianyin Electromechanical Co.Ltd(300342)
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.
Changshu Tianyin Electromechanical Co.Ltd(300342) (hereinafter referred to as “the company”) held the 20th meeting of the 4th board of directors and the 17th meeting of the 4th board of supervisors on April 8, 2022, deliberated and adopted the proposal on Changshu Tianyin Electromechanical Co.Ltd(300342) 2021 annual profit distribution plan, which needs to be submitted to the 2021 annual general meeting of the company for deliberation. The details are hereby announced as follows:
1、 Profit distribution plan
According to the audit results issued by zhongxinghua Certified Public Accountants (special general partnership), the distributable profit of the parent company at the end of 2021 was 45860873204 yuan. In order to actively repay the shareholders of the company and share the operating results of the company’s development with all shareholders, on the premise of conforming to the principle of profit distribution and ensuring the normal operation and long-term development of the company, the company formulates the profit distribution plan for 2021 as follows:
Based on the total share capital of 425035113 shares of the company as of December 31, 2021, it is proposed to distribute cash of 1.00 yuan (tax included) to all shareholders for every 10 shares, with a total cash dividend of 4250351130 yuan (tax included), and the remaining undistributed profits will be carried forward for distribution in subsequent years.
If the total share capital of the company changes from the date of passing this proposal to the date of equity distribution and equity registration, the distribution plan will be implemented according to the principle of “the distribution proportion remains unchanged and the total distribution will be adjusted”, and the specific adjustment will be announced separately.
2、 Deliberations of the board of directors and the board of supervisors
1. On April 8, 2022, the company held the 20th meeting of the Fourth Board of directors, deliberated and adopted the proposal on Changshu Tianyin Electromechanical Co.Ltd(300342) 2021 annual profit distribution plan. This plan complies with the company law, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and other relevant laws and regulations, as well as the relevant provisions of the articles of association.
2. On April 8, 2022, the company held the 17th meeting of the 4th board of supervisors, deliberated and adopted the proposal on Changshu Tianyin Electromechanical Co.Ltd(300342) 2021 annual profit distribution plan. The board of supervisors considered that the distribution plan was in line with the actual situation of the company, fully considered the interests and reasonable demands of small and medium-sized investors, did not harm the interests of the company and all shareholders, and complied with relevant laws and regulations and the articles of association, and agreed to the profit distribution plan.
3、 Opinions of independent directors
The independent directors of the company believe that the distribution plan proposed by the board of directors meets the relevant provisions of the company law and the articles of association, and the deliberation procedure is legal and compliant. The profit distribution plan comprehensively considers the company’s profit level, future development potential and capital stock scale. The formulation of the plan pays attention to the return of shareholders, which is also conducive to the long-term development of the company. The independent directors agreed to the profit distribution plan and agreed to submit the proposal to the general meeting of shareholders for deliberation.
4、 Other instructions
The proposal on Changshu Tianyin Electromechanical Co.Ltd(300342) 2021 annual profit distribution plan can only be implemented after being deliberated and approved by the company’s 2021 annual general meeting of shareholders. Please pay attention to the investment risks.
5、 Documents for future reference
1. Resolutions of the 20th meeting of the 4th board of directors of the company;
2. Resolutions of the 17th meeting of the 4th board of supervisors of the company;
3. Independent opinions of independent directors on matters related to the 20th meeting of the Fourth Board of directors of the company. It is hereby announced.
Changshu Tianyin Electromechanical Co.Ltd(300342) board of directors April 8, 2022
