Securities code: Zhejiang Damon Technology Co.Ltd(688360) securities abbreviation: Zhejiang Damon Technology Co.Ltd(688360) Announcement No.: 2022010 Zhejiang Damon Technology Co.Ltd(688360) Group Co., Ltd
Announcement on 2021 profit distribution plan
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 completeness of its contents.
Important content tips:
Distribution ratio per share: cash dividend of 2.70 yuan (including tax) will be distributed for every 10 shares. No capital reserve will be converted into share capital and no bonus shares will be given.
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 Zhonghui Certified Public Accountants (special general partnership), as of December 31, 2021, the net profit attributable to shareholders of the listed company of Zhejiang Damon Technology Co.Ltd(688360) Group Co., Ltd. (hereinafter referred to as "the company") in 2021 was 7683633268 yuan, and the profit available for distribution at the end of the period was 2 Suning Universal Co.Ltd(000718) 5995 yuan. 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:
Based on the total shares of 85676599 shares, the company plans to distribute cash dividends of 2.70 yuan (including tax) to all shareholders for every 10 shares, and is expected to distribute cash dividends of 2313268173 yuan, accounting for 30.11% of the net profit attributable to shareholders of Listed Companies in the company's consolidated statements in 2021. The remaining undistributed profits are carried forward for subsequent annual distribution. If the total share capital of the company changes before the equity registration date of equity distribution, the company plans to keep the total distribution unchanged and adjust the distribution proportion per share accordingly. The company does not convert the capital reserve into share capital and does not give bonus shares. 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) convening, deliberation and voting of the board meeting
On April 15, 2022, the company held the 16th meeting of the third board of directors, which deliberated and approved the proposal on the 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
After careful review, we believe that the company's profit distribution plan for 2021 combines the company's financial status, business development planning, profitability and other factors, and takes into account the reasonable demands of investors. The profit distribution plan will not affect the normal operation and long-term development of the company, comply with relevant laws and regulations and the relevant provisions on profit distribution in the articles of association, and will not damage the interests of the company and minority shareholders. The deliberation and decision-making procedures of the proposal are legal. We unanimously agree to the company's 2021 profit distribution plan and agree to submit it to the company's 2021 annual general meeting for deliberation.
(III) opinions of the board of supervisors
The profit distribution plan for 2021 is formulated in full consideration of the company's follow-up development and actual capital needs. It is in line with the company's business status and development strategy, conducive to the sustainable development of the company and the maintenance of the long-term interests of shareholders. There is no damage to the interests of shareholders, especially small and medium-sized shareholders.
3、 Relevant risk tips
(I) analysis of the impact of cash dividends on earnings per share, cash flow status and 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 the company for deliberation and approval. Please pay attention to the investment risks.
It is hereby announced.
Board of directors of Zhejiang Damon Technology Co.Ltd(688360) Group Co., Ltd. April 18, 2022
