Securities code: Juneyao Grand Healthy Drinks Co.Ltd(605388) securities abbreviation: Juneyao Grand Healthy Drinks Co.Ltd(605388) Announcement No.: 2022018 Juneyao Grand Healthy Drinks Co.Ltd(605388)
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
● cash dividend of RMB 0.22 per share (tax included)
● 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 distribution proportion per share unchanged, adjust the total profit distribution accordingly, and announce the specific adjustment separately.
1、 Main contents of 2021 profit distribution plan
Audited by Dahua Certified Public Accountants (special general partnership), the net profit attributable to all shareholders of Juneyao Grand Healthy Drinks Co.Ltd(605388) (hereinafter referred to as “the company”) in 2021 was 14698770581 yuan, and the company’s distributable profit at the end of the period was 39406724235 yuan. After comprehensive consideration of the industry characteristics, current development stage and profitability of the company, promote and implement a sustained and stable dividend distribution policy to protect the legitimate rights and interests of investors. After careful research and in combination with the company’s operation and overall financial situation, the company plans to distribute profits based on the total share capital registered on the equity registration date of equity distribution in 2021. The company’s profit distribution plan for 2021 is as follows:
A cash bonus of RMB 2.20 (tax included) will be distributed to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 430 million shares. Based on this calculation, the total cash dividend to be distributed is 94.6 million yuan (including tax), and the proportion of cash dividend of the company in this year is 64.36%. The remaining undistributed profits shall be carried forward to subsequent years for distribution. The company will not convert the capital reserve into share capital this time.
If the total share capital of the company changes before the equity registration date of equity distribution, the company plans to maintain the distribution proportion per share unchanged and adjust the total profit distribution 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、 Decision making procedures performed by the company
(I) opinions of the board of directors
On April 19, 2022, the 17th meeting of the Fourth Board of directors of the company deliberated and adopted the proposal on profit distribution plan in 2021 by 9 votes in favor, 0 votes against and 0 abstentions. This proposal needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
The independent directors of the company believe that the 2021 profit distribution plan of the company comprehensively considers the operation and development of the company and the reasonable return of shareholders, the proportion of cash dividends is in line with the relevant documents of China Securities Regulatory Commission and Shanghai Stock Exchange and the articles of association, and is in line with the overall interests of the company and the interests of shareholders of the company, especially small and medium-sized shareholders. They agree to submit the proposal to the 2021 annual general meeting of shareholders for deliberation.
(III) opinions of the board of supervisors
The board of supervisors of the company believes that the profit distribution plan of the company in 2021 complies with the provisions of relevant laws, regulations and the articles of association, takes full account of various factors such as the company’s profitability, cash flow status and capital demand, is conducive to the sustainable, stable and healthy development of the company, and does not damage the interests of the company and all shareholders, especially small and medium-sized shareholders. Approve the company’s profit distribution plan for 2021.
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, and will not affect the company’s normal operation and long-term development.
This profit distribution plan needs to be submitted to the company’s 2021 annual general meeting for deliberation and approval. Please pay attention to the investment risks.
It is hereby announced.
Juneyao Grand Healthy Drinks Co.Ltd(605388) board of directors April 20, 2022
