Securities code: Hangxiao Steel Structure Co.Ltd(600477) securities abbreviation: Hangxiao Steel Structure Co.Ltd(600477) No.: 2022019 Hangxiao Steel Structure Co.Ltd(600477)
Announcement of annual 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
● distribution ratio per share: cash dividend of 0.06 yuan per share (tax included)
● the profit distribution is based on the total share capital of the company registered on the equity distribution registration date. As of April 19, 2022, the total share capital of the company is 2369111152 shares. 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 maintain the distribution proportion per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately.
1、 Contents of profit distribution plan
Audited by Dahua Certified Public Accountants (special general partnership), the company's profit available for distribution at the end of the period was 141918646449 yuan as of December 31, 2021. According to the resolution of the board of directors, the company plans to distribute profits in 2021 based on the total share capital of the company registered on the date of equity distribution, and the total share capital is expected to be 2369111152 shares. The profit distribution plan is as follows:
The company plans to distribute a cash dividend of 0.6 yuan (including tax) to all shareholders for every 10 shares. As of April 19, 2022, the total share capital of the company is 2369111152 shares. Temporarily, based on this calculation, the total cash dividend to be distributed is 14214666912 yuan (including tax). The cash dividend ratio of the company this year was 34.54%.
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 distribution proportion per share unchanged and adjust the total 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) convening, deliberation and voting of the board meeting
The company held the 41st meeting of the seventh board of directors on April 19, 2022, reviewed and approved the company's 2021 profit distribution plan, and agreed to the profit distribution plan, which needs to be submitted to the company's 2021 annual general meeting for deliberation.
(II) opinions of independent directors
The independent directors express the following independent opinions: the distribution plan made by the board of directors complies with the relevant provisions of the company law and the articles of association, conforms to the actual situation of the company, and does not damage the interests of the company and shareholders, especially minority shareholders. Therefore, we agree to the 2021 profit distribution plan proposed by the board of directors of the company and submit it to the general meeting of shareholders for voting.
(III) opinions of the board of supervisors
The company held the 15th meeting of the 7th board of supervisors on April 19, 2022, reviewed and approved the company's profit distribution plan for 2021, and agreed to the profit distribution plan. The profit distribution plan still needs to be submitted to the company's 2021 annual general meeting 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 earnings per share, cash flow status and production and operation. 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.
Hangxiao Steel Structure Co.Ltd(600477) board of directors
April 20, 2022
