Securities code: Sunshine Global Circuits Co.Ltd(300739) securities abbreviation: Sunshine Global Circuits Co.Ltd(300739) Announcement No.: 2022036 bond Code: 123087 bond abbreviation: Mingdian convertible bond
Sunshine Global Circuits Co.Ltd(300739)
Announcement on profit distribution plan in 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Sunshine Global Circuits Co.Ltd(300739) (hereinafter referred to as “the company”) held the third meeting of the third board of directors and the third meeting of the third board of supervisors on April 19, 2022, deliberated and adopted the proposal on profit distribution plan in 2021. This matter still needs to be submitted to the 2021 annual general meeting of the company for deliberation.
1、 Basic information of profit distribution
According to the company’s 2021 annual audit report and financial statements (xksbz [2022] No. zi10150) issued by Lixin Certified Public Accountants (special general partnership), the net profit of the parent company in 2021 was 7636419897 yuan. According to the company law of the people’s Republic of China (hereinafter referred to as the “company law”) and the relevant provisions of the articles of association, the company shall withdraw the statutory surplus reserve of RMB 763641990 according to 10% of the net profit of the parent company, and the actual distributable profit of the company in 2021 is RMB 16244868836.
In accordance with the guidance of the CSRC on encouraging listed companies to pay cash dividends and giving investors stable and reasonable returns, and on the premise of conforming to the principle of profit distribution and ensuring the normal operation and long-term development of the company, and in accordance with the provisions of the company law and the articles of association, the profit distribution plan for 2021 is hereby formulated as follows: the company adopts cash dividends for profit distribution in 2021, It is proposed to distribute a cash dividend of 2.7 yuan (including tax) for every 10 shares to the shareholders registered on the equity distribution registration date, without giving bonus shares or converting capital reserve into share capital. Based on the existing total share capital of 294758195 shares, the total cash dividend to be distributed is 7958471265 yuan (including tax).
If the company’s share capital changes due to the repurchase and cancellation of restricted shares of equity incentive and the conversion of convertible bonds into shares between the announcement date of the plan and the equity registration date of the profit distribution plan, it is proposed to adjust the total distribution based on the total share capital on the equity registration date of the profit distribution plan in the future and in accordance with the principle of unchanged distribution proportion.
2、 Decision making procedures performed by the company
(I) deliberations of the board of directors and the board of supervisors
At the third meeting of the third board of directors and the third meeting of the third board of supervisors held on April 19, 2022, the company deliberated and adopted the proposal on profit distribution plan in 2021, and agreed to submit it to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) opinions of independent directors
Independent directors believe that the profit distribution plan for 2021 is in line with the actual operation and future development needs of the company, in line with the provisions of the articles of association, and there is no violation of laws and regulations and damage to the future development of the company and the interests of shareholders, especially minority shareholders. The independent directors unanimously agreed to the company’s profit distribution plan for 2021 and agreed to submit this proposal to the company’s 2021 annual general meeting for deliberation.
3、 Other relevant instructions
This profit distribution plan must be submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval before implementation. This matter is still uncertain. Please pay attention to the investment risks.
4、 Documents for future reference
(I) resolutions of the third meeting of the third board of directors;
(II) resolutions of the third meeting of the third board of supervisors;
(III) independent opinions of independent directors on matters related to the third meeting of the third board of directors.
It is hereby announced
Sunshine Global Circuits Co.Ltd(300739) board of directors April 21, 2022
