Securities code: Kunshan Guoli Electronic Technology Co.Ltd(688103) securities abbreviation: Kunshan Guoli Electronic Technology Co.Ltd(688103) Announcement No.: 2022008 Kunshan Guoli Electronic Technology Co.Ltd(688103)
Announcement of profit distribution plan in 2021
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:
\uf0b7 distribution ratio per share: Kunshan Guoli Electronic Technology Co.Ltd(688103) (hereinafter referred to as “the company”) plans to distribute cash dividends of 3.15 yuan (including tax) to all shareholders for every 10 shares. The company will not convert capital reserve into share capital or give bonus shares.
\uf0b7 the profit distribution / conversion of reserve fund into share capital 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.
\uf0b7 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 announce the specific adjustment separately.
1、 Contents of profit distribution plan
According to the audit of Rongcheng Certified Public Accountants (special general partnership), as of December 31, 2021, the distributable profit of the parent company at the end of the period was RMB 27064308225. 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:
The listed company plans to distribute a cash dividend of 3.15 yuan (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 95390000 shares. Based on this calculation, the total cash dividend to be distributed is Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) 5000 yuan (including tax). The company’s cash dividend in this year accounted for 41.16% of the company’s net profit attributable to the parent company 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 due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, the company plans to maintain the total distribution per share unchanged and adjust the distribution proportion 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) convening, deliberation and voting of the board meeting
The company held the 15th meeting of the second board of directors on April 18, 2022. The meeting deliberated and adopted the proposal on profit distribution of the company in 2021 with 7 affirmative votes, 0 negative votes and 0 abstention votes, and agreed to submit the profit distribution plan to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
The profit distribution plan of the company for 2021 is formulated after comprehensively considering the company’s current operating conditions, future development plans, shareholders’ requirements, regulatory policies and other factors, and complies with the relevant provisions on profit distribution and cash dividends, such as the notice on matters related to the further implementation of cash dividends of listed companies, the regulatory guidelines for listed companies No. 3 – cash dividends of listed companies, and the articles of association of the company issued by the CSRC, There is no situation that damages the interests of all shareholders, especially minority shareholders. We agree to the company’s annual profit distribution plan for 2021 and agree to submit the profit distribution plan to the general meeting of shareholders for deliberation.
(III) opinions of the board of supervisors
The board of supervisors believes that the formulation of the company’s annual profit distribution plan in 2021 complies with the relevant provisions of the company law and the articles of association, takes full account of the company’s actual operating results, capital situation and future development needs, conforms to the interests of all shareholders of the company, and does not damage the rights and interests of minority shareholders. It agrees with the profit distribution plan and agrees to submit the proposal to the general meeting of shareholders for deliberation.
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.
The profit distribution plan can only be implemented after being submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval. Please pay attention to investment risks.
It is hereby announced.
Kunshan Guoli Electronic Technology Co.Ltd(688103) board of directors April 20, 2022
