Securities code: Nuode Investment Co.Ltd(600110) securities abbreviation: Nuode Investment Co.Ltd(600110) Announcement No.: pro 2022053 Nuode Investment Co.Ltd(600110)
Announcement on 2021 profit distribution plan
The board of directors and all directors of the company guarantee that the contents of this announcement are free from any false records, misleading statements or major omissions, and assume individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
It is proposed to pay a cash dividend of RMB 0.6 (including tax) for every 10 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, it is proposed to keep the total distribution unchanged, adjust the distribution proportion per share accordingly, and make a separate announcement on the specific adjustment.
1、 Contents of 2021 profit distribution plan
Audited by Dahua Certified Public Accountants (special general partnership), Nuode Investment Co.Ltd(600110) (hereinafter referred to as “the company”) realized a net profit of 40508458588 yuan attributable to the shareholders of the listed company in 2021; The net profit of the parent company in 2021 was 31162719635 yuan, plus 18153780680 yuan of undistributed profit of the parent company transferred in at the beginning of 2021, minus 3116271964 yuan of surplus reserve withdrawn by the parent company in 2021. As of December 31, 2021, the profit available for distribution by shareholders of the parent company was 462 Tianrun Industry Technology Co.Ltd(002283) 51 yuan. According to the resolution of the 52nd meeting of the ninth board of directors of the company, the company plans to distribute profits based on the total share capital registered on the equity registration date of equity distribution in 2021. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of RMB 0.6 (including tax) to all shareholders for every 10 shares. Up to now, the total share capital of the company is 1737268615 shares. Based on this calculation, the total cash dividend to be distributed is 10423611690 yuan (including tax).
In 2021, the company did not give bonus shares and did not use the accumulation fund to increase the share capital.
The amount of cash dividend proposed by the company in 2021 is RMB 10423611690 (including tax), accounting for 25.73% of the net profit attributable to shareholders of Listed Companies in the company’s consolidated statements in 2021.
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 general meeting of shareholders for deliberation.
2、 Description of cash dividend ratio less than 30% in this year
During the reporting period, the net profit attributable to the shareholders of the company in the consolidated statements of the company was 40508458588 yuan, and the accumulated undistributed profit of the parent company was 462 Tianrun Industry Technology Co.Ltd(002283) 51 yuan. The company plans to distribute cash dividends of 0.6 yuan (tax included) to all shareholders for every 10 shares, accounting for 25.73% of the net profit attributable to the shareholders of the listed company this year. The ratio of the cash dividends to the net profit attributable to the shareholders of the listed company this year is less than 30%, The specific reasons are described below.
First, capital supervision requirements have been continuously strengthened. Fully consider the current situation of the company’s capital adequacy ratio, comply with the trend of stricter capital supervision, and improve the ability of risk offset.
Second, support the steady implementation of the strategic plan. The company continues to focus on the development of its main business, appropriately retain profits to supplement its core capital, ensure the continuous supplement of endogenous capital and boost the high-quality and sustainable development of the company.
Taking into account the above internal and external factors, the company’s profit distribution policy generally maintains continuity and stability. On the premise that the profit and capital adequacy ratio meet the requirements of the company’s sustainable operation and long-term development, the company takes into account the requirements of investors to share the company’s operating and development achievements and obtain reasonable investment return, so as to provide shareholders with sustainable, stable and reasonable investment return.
3、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 52nd meeting of the 9th board of directors on April 15, 2022, and adopted the 2021 annual profit distribution plan of the company with 9 affirmative votes, 0 negative votes and 0 abstention votes, and agreed to submit the dividend plan to the general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
The independent directors believe that the profit distribution of the company in 2021 is based on the actual situation such as the company’s development stage and financial situation, comprehensively considering the interests of shareholders and the needs of the company’s further development, in line with the objective situation of the company and the provisions of relevant laws, regulations and the articles of association. It does not harm the interests of shareholders, especially small and medium-sized shareholders, and is conducive to the sustainable and stable development of the company and the long-term interests of shareholders.
Therefore, we agree to pass the proposal and submit it to the general meeting of shareholders of the company for deliberation.
(III) opinions of the board of supervisors
The 25th meeting of the ninth board of supervisors of the company deliberated and approved the company’s profit distribution plan for 2021. The board of supervisors believes that the company’s profit distribution plan for 2021 complies with the relevant provisions of China Securities Regulatory Commission and Shanghai Stock Exchange on cash dividend, the relevant provisions of the articles of association on cash dividend policy and the actual situation of the company, and there is no damage to the legitimate interests of the company and shareholders. It is agreed to submit the dividend plan to the general meeting of shareholders of the company for deliberation.
4、 Relevant risk tips
The company’s profit distribution plan for 2021 combines the company’s business development plan, future capital demand and other factors, and will not have a significant impact on the company’s operating cash flow, and will not affect the company’s normal operation and sustainable, stable and healthy development. The profit distribution plan can only be implemented after being submitted to the general meeting of shareholders for deliberation and approval. Please pay attention to the investment risks.
It is hereby announced.
Nuode Investment Co.Ltd(600110) board of directors April 19, 2022
