Securities code: Hainan Jinpan Smart Technology Co.Ltd(688676) securities abbreviation: Hainan Jinpan Smart Technology Co.Ltd(688676) Announcement No.: 2022022 Hainan Jinpan Smart Technology Co.Ltd(688676)
Announcement on the company's 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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
Distribution ratio per share: the company will distribute a cash dividend of 0.20 yuan (including tax) per a share in this year, and will not convert the capital reserve into share capital or give bonus shares.
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, the company plans to maintain the total distribution unchanged, adjust the distribution proportion per share accordingly, and will announce the specific adjustment separately.
1、 Contents of profit distribution plan in 2021
According to the audit of Zhonghui Certified Public Accountants (special general partnership), the net profit attributable to the common shareholders of the company in 2021 was 23461739301 yuan. As of December 31, 2021, the distributable profit of the parent company at the end of the period was 37236977421 yuan. After deliberation and approval at the 21st Meeting of the second 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 of the company in 2021 is as follows:
The company plans to distribute a cash dividend of 2 yuan (including tax) for every 10 shares to all shareholders. As of December 31, 2021, the total share capital of the company is 425700000 shares. Based on this calculation, the total cash dividend to be distributed is 8514000000 yuan (including tax). The amount of cash dividends of the company in this year accounted for 36.29% of the net profit attributable to shareholders of Listed Companies in the consolidated statements of that year. In 2021, the company did not convert capital reserve into share capital and did not give bonus shares. 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, 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 specific adjustment will be announced separately.
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) deliberations of the board of directors
The company held the 21st Meeting of the second board of directors on April 15, 2022, deliberated and adopted the proposal on the company's profit distribution plan in 2021, agreed to the profit distribution plan and agreed to submit the plan to the company's 2021 annual general meeting for deliberation.
(II) opinions of independent directors
The independent directors of the company believe that the profit distribution plan of the company in 2021 conforms to the articles of association and other relevant dividend policies, and conforms to the actual development of the company, realizes the reasonable return on investment to investors, takes into account the sustainable development of the company, and well protects the rights and interests of investors, especially small and medium-sized investors. The independent directors unanimously 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.
(III) deliberation of the board of supervisors
The company held the 16th meeting of the second board of supervisors on April 15, 2022, deliberated and passed the proposal on the company's profit distribution plan for 2021, agreed to the profit distribution plan and agreed to submit the plan to the company's 2021 annual general meeting for deliberation.
3、 Relevant risk tips
(I) analysis of the impact of cash dividends on earnings per share, cash flow status, production and operation of listed companies 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) description of other risks
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.
Hainan Jinpan Smart Technology Co.Ltd(688676) board of directors April 16, 2022
