Securities code: Tongxing Environmental Protection Technology Co.Ltd(003027) securities abbreviation: Tongxing Environmental Protection Technology Co.Ltd(003027) Announcement No.: 2022013 Tongxing Environmental Protection Technology Co.Ltd(003027)
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.
Tongxing Environmental Protection Technology Co.Ltd(003027) (hereinafter referred to as "the company") held the 19th meeting of the 4th board of directors and the 15th meeting of the 4th board of supervisors on April 18, 2022, deliberated and adopted the proposal on the profit distribution plan in 2021, which needs to be submitted to the 2021 annual shareholders' meeting of the company for deliberation. The details are hereby announced as follows:
1、 Basic information of this profit distribution plan
According to the audit of Rongcheng Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in 2021 was 16243965503 yuan, and the net profit of the parent company was 9341432530 yuan. According to the company law and the articles of association, the statutory surplus reserve was 934143253 yuan, plus 3 Ningbo Xianfeng New Material Co.Ltd(300163) 0803 yuan of undistributed profit at the beginning of the year, minus 4333500000 yuan of profit distribution in 2020 in the reporting period, The company's profit available for distribution to shareholders at the end of the period was 37075420080 yuan.
In consideration of the continuous return to investors and the long-term development of the company, the company has proposed the 2021 profit distribution plan as follows: Based on the company's total share capital of 132539000 shares as of December 31, 2021, the company will distribute a cash dividend of RMB 3.00 (tax included) for every 10 shares to all shareholders, with a total cash dividend of RMB 3976170000 (tax included), no bonus shares and no conversion of provident fund into share capital. The remaining undistributed profits are carried forward and distributed in subsequent years.
If the total share capital of the company changes due to the conversion of convertible bonds into shares, share repurchase, refinancing and listing of new shares during the period from the deliberation of the profit distribution plan by the board of directors to the equity registration date of the implementation of the profit distribution plan, the total share capital shall be implemented based on the total share capital on the equity registration date when the distribution plan is implemented in the future, and the above distribution proportion shall remain unchanged, and the total amount shall be adjusted.
The profit distribution plan comprehensively considers the company's development strategy and business needs. The relevant plans comply with the relevant provisions on the conditions, proportion and decision-making procedures of cash dividends in the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association, and comply with the profit distribution policy, profit distribution plan, long-term return plan of shareholders and relevant commitments made by the company.
2、 Relevant approval procedures
The profit distribution plan has been deliberated and approved at the 19th meeting of the 4th board of directors and the 15th meeting of the 4th board of supervisors held on April 18, 2022, and needs to be submitted to the general meeting of shareholders for deliberation.
3、 Opinions of independent directors
We believe that the company's profit distribution plan for 2021 complies with the relevant provisions of the company law, the notice on matters related to the further implementation of cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association, has legitimacy, compliance and rationality, and takes full account of the company's current operating conditions, capital needs and other factors, It does not harm the interests of the company and its shareholders, especially the minority shareholders, and is conducive to the normal operation and healthy development of the company. We agree to submit the plan to the general meeting of shareholders for deliberation.
4、 Opinions of the board of supervisors
The company's profit distribution plan for 2021 complies with the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association and other relevant provisions, conforms to the actual situation and future development plan of the company, takes into account the interests of shareholders, and agrees to submit the profit distribution plan to the general meeting of shareholders for deliberation.
5、 Documents for future reference
1. Resolutions of the 19th meeting of the 4th board of directors;
2. Resolutions of the 15th meeting of the 4th board of supervisors;
3. Independent opinions of independent directors on matters related to the 19th meeting of the Fourth Board of directors.
It is hereby announced
Tongxing Environmental Protection Technology Co.Ltd(003027) board of directors April 19, 2022
