Stock abbreviation: Shanying International Holdings Co.Ltd(600567) Stock Code: Shanying International Holdings Co.Ltd(600567) Announcement No.: pro 2022027
Bond abbreviation: Shanying convertible bond bond Code: 110047
Bond abbreviation: ying19 convertible bond Code: 110063
Shanying International Holdings Co.Ltd(600567)
Announcement of 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Distribution ratio per share: cash dividend of 0.11 yuan per share (including tax), no bonus shares, and no conversion of provident fund into share capital.
The profit distribution is based on the balance of the total share capital on the date of equity distribution registration minus the shares repurchased by the company. The specific date will be specified in the announcement on the implementation of equity distribution.
Before the equity registration date of equity distribution, if the total share capital or repurchased shares of the company change, it is proposed to maintain the distribution proportion per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately. The distribution plan has been deliberated and approved at the 15th meeting of the 8th board of directors of the company and needs to be submitted to the general meeting of shareholders of the company for deliberation.
1、 Contents of profit distribution plan
Audited by ShineWing Certified Public Accountants (special general partnership), the net profit attributable to the owners of the parent company in 2021 was 151567055723 yuan, and the profit available for distribution to all shareholders of the parent company at the end of 2021 was 256145606882 yuan.
After deliberation at the 15th meeting of the 8th board of directors of the company, the company plans to distribute profits based on the balance of the total share capital on the date of equity distribution registration minus the company’s repurchased shares in 2021. The profit distribution plan is as follows: the company plans to distribute a cash dividend of 1.1 yuan (including tax) for every 10 shares to all shareholders ( Shanying International Holdings Co.Ltd(600567) repurchase account excluded). This profit distribution is based on the total share capital of the company on the date of equity distribution and equity registration
The balance of repurchased shares is the base. As of March 31, 2022, the total share capital of the company is 4616175806 shares. After deducting 206026573 shares in the company’s repurchase account, the total cash dividend to be distributed is 48511641563 yuan (including tax).
According to the detailed rules for the implementation of share repurchases by listed companies of Shanghai Stock Exchange and other relevant provisions, if a listed company repurchases shares by means of centralized bidding and offer with cash as consideration, the amount of share repurchases implemented in that year shall be regarded as cash dividends and included in the relevant proportion of cash dividends in that year. In 2021, the company implemented share repurchase by means of centralized bidding transaction and paid cash consideration of 20 Zhongyan Technology Co.Ltd(003001) 919 yuan. In 2021, the total cash dividend amount of the company in the above two ways was 68514643482 yuan, accounting for 45.20% of the net profit attributable to the owners of the parent company realized by the company in the current period.
Before the equity registration date of equity distribution, if the total share capital or repurchased shares of the company change, it is proposed to maintain the distribution proportion per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately.
The profit distribution plan needs to be submitted to the general meeting of shareholders for deliberation.
2、 Decision making procedures performed by the company
(I) deliberations of the board of directors
The company held the 15th meeting of the 8th board of directors on April 15, 2022, and deliberated and adopted the company’s profit distribution plan for 2021. This profit distribution plan shall be submitted to the general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
The independent directors reviewed and expressed the following opinions: after careful review of the company’s profit distribution plan for 2021, they fully understood the company’s financial situation and operating results in 2021. The profit distribution plan for 2021 proposed by the board of directors of the company complies with the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies (revised in 2022), the guidelines for the self-discipline supervision of listed companies on Shanghai Stock Exchange No. 1 – standardized operation, and the guidelines for the self-discipline supervision of listed companies on Shanghai Stock Exchange No. 7 – share repurchase issued by the CSRC The requirements of the articles of association and the company’s profit distribution management system and other documents conform to the actual situation of the company, will not damage the legitimate rights and interests of investors, and will also contribute to the sustainable development of the company.
(III) opinions of the board of supervisors
The board of supervisors reviewed and issued the following opinions: the decision-making procedure and form of profit distribution of the company’s profit distribution plan in 2021 comply with the requirements of the articles of association, the company’s profit distribution management system and other documents. At the same time, this profit distribution plan fully considers the company’s profitability, cash flow status, capital demand and other factors, does not damage the interests of minority shareholders, is in line with the company’s operating status, and is conducive to the sustainable, stable and healthy development of the company. In conclusion, it is agreed to submit the profit distribution plan for 2021 to the general meeting of shareholders for deliberation.
3、 Relevant risk tips
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, nor will it affect the company’s normal operation and long-term development. The company will maintain the sustainability and stability of profit distribution and actively repay the majority of investors.
It is hereby announced.
Shanying International Holdings Co.Ltd(600567) board of directors April 16, 2002
