Securities code: Shareate Tools Ltd(688257) securities abbreviation: Shareate Tools Ltd(688257) Announcement No.: 2022008 Shareate Tools Ltd(688257)
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 integrity of its contents according to law.
Important content tips:
Distribution ratio per share: the company will distribute a cash dividend of 0.5 yuan (including tax) per a share in this year, and will not convert capital reserve into share capital or give bonus shares.
This profit distribution is planned to distribute profits 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 amount per share accordingly, and will announce the specific adjustment separately.
1、 Contents of 2021 profit distribution plan
Audited by notary Tianye Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in 2021 was 13624404393 yuan. As of December 31, 2021, the profit available for distribution to shareholders at the end of Shareate Tools Ltd(688257) (hereinafter referred to as “the company”) was 41328809012 yuan. After deliberation and approval at the 9th meeting of the 4th 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 company’s profit distribution plan for 2021 is as follows:
The company plans to distribute a cash dividend of 5 yuan (including tax) for every 10 shares to all shareholders, without converting capital reserve into share capital and bonus shares. As of December 31, 2021, the total share capital of the company is 92800000 shares. Based on this calculation, it is expected to distribute a total cash dividend of RMB 46400000 (including tax), accounting for 34.06% of the net profit attributable to shareholders of Listed Companies in the consolidated statements of the company in 2021.
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 amount per share accordingly. In case of subsequent changes in the total share capital, the specific adjustment will be announced separately.
This 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 9th meeting of the 4th board of directors on April 19, 2022, deliberated and approved the proposal on the company’s 2021 annual profit distribution plan, 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 investment return 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 fifth meeting of the Fourth Board of supervisors on April 19, 2022, deliberated and approved the proposal on the company’s 2021 annual profit distribution plan, 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 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, and will not affect the company’s normal operation and long-term development.
(II) description of other risks
This profit distribution plan can only be implemented after being submitted to the 2021 annual general meeting of the company for deliberation and approval. There is uncertainty. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Shareate Tools Ltd(688257) board of directors April 20, 2022
