Securities code: Zhejiang Supcon Technology Co.Ltd(688777) securities abbreviation: Zhejiang Supcon Technology Co.Ltd(688777) Announcement No.: 2022015 Zhejiang Supcon Technology Co.Ltd(688777)
Announcement on profit distribution plan in 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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
Distribution ratio per share: cash dividend of 0.36 yuan (including tax) will be distributed per a share. The company will not convert the capital reserve into share capital or give bonus shares this year.
The profit distribution is based on the total share capital registered on the equity distribution registration date, and the specific date will be specified in the equity distribution implementation announcement.
If the total share capital of the company changes before the equity registration date of equity distribution, it is proposed to maintain the total distribution unchanged, adjust the distribution proportion per share accordingly, and make a separate announcement on the specific adjustment.
1、 Contents of profit distribution plan
Audited by Tianjian Certified Public Accountants (special general partnership), as of December 31, 2021, Zhejiang Supcon Technology Co.Ltd(688777) (hereinafter referred to as "the company" and " Zhejiang Supcon Technology Co.Ltd(688777) ") the net profit attributable to the shareholders of the listed company in 2021 was RMB 58166480355, and the profit available for distribution at the end of the period was RMB 112393877652. According to the resolution of the board of directors, the company plans to distribute profits based on the total share capital registered on the date of equity distribution in 2021. The profit distribution plan is as follows:
The listed company plans to distribute a cash dividend of 3.60 yuan (including tax) to all shareholders for every 10 shares. As of the disclosure date of this announcement, the total share capital of the company is 496823000 shares. Based on this calculation, the total cash dividend to be distributed is 17885628000 yuan (including tax). Other forms of distribution including capital reserve converted into share capital and bonus shares will not be implemented in this year. The amount of cash dividends of the company in this year accounted for 30.75% of the net profit attributable to the shareholders of the listed company in the consolidated statements.
If the total share capital of the company changes from the date of disclosure of this announcement to the date of equity distribution and equity registration due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, the company plans to maintain the total distribution unchanged and adjust the distribution proportion per share accordingly. In case of subsequent changes in the total share capital, the company will separately announce the specific adjustment
The profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 11th meeting of the 5th board of directors on April 9, 2022, deliberated and passed the proposal on profit distribution plan in 2021, agreed to the profit distribution plan, and agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
This profit distribution plan comprehensively considers the company's industry characteristics, development stage, its own business model, profitability and future development fund demand, which is in line with the actual situation of the company; The deliberation and voting procedures of the board of directors of the company for this plan comply with the relevant provisions of the company law and the articles of association, and there is no situation that damages the interests of the company and minority shareholders; Agree to the 2021 annual profit distribution plan and submit it to the 2021 annual general meeting of shareholders of the company for deliberation.
(III) opinions of the board of supervisors
The company held the 10th meeting of the 5th board of supervisors on April 9, 2022, deliberated and approved the proposal on profit distribution plan for 2021. The board of supervisors considered that the profit distribution plan for 2021 fully considered the company's profitability and capital demand and other factors, would not affect the normal operation and long-term development of the company, and would not damage the overall interests of the company and shareholders, and agreed to this profit distribution plan, And agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
4、 Relevant risk tips
1. This profit distribution plan combines the company's profitability, future capital demand and other factors, and will not cause the company's shortage of working capital, have a significant impact on the company's operating cash flow, and affect the company's normal operation and long-term development.
2. The company's profit distribution plan for 2021 needs to be submitted to the company's 2021 annual general meeting for deliberation and approval. Please pay attention to the investment risks.
It is hereby announced.
Zhejiang Supcon Technology Co.Ltd(688777) board of directors April 12, 2022
