Securities code: Xinjiang Beiken Energy Engineering Co.Ltd(002828) securities abbreviation: Xinjiang Beiken Energy Engineering Co.Ltd(002828) No.: 2022013 Xinjiang Beiken Energy Engineering Co.Ltd(002828)
Announcement of profit distribution plan for 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Xinjiang Beiken Energy Engineering Co.Ltd(002828) (hereinafter referred to as “the company”) held the 21st Meeting of the 4th board of directors and the 16th meeting of the 4th board of supervisors on April 21, 2022. The meeting deliberated and adopted the proposal on the company’s profit distribution plan in 2021. This proposal still needs to be submitted to the 2021 general meeting of shareholders of the company for deliberation. The relevant information is hereby announced as follows:
1、 Specific contents of 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 1994731604 yuan, of which the net profit realized by the parent company was 484360795 yuan. According to the provisions of the company law and the articles of association, after the parent company’s net profit of 484360795 yuan is taken as the base and the statutory surplus reserve of 48436080 yuan is withdrawn at 10%, the distributable profit of the parent company as of December 31, 2021 is 44380348629 yuan.
On the premise of conforming to the principle of profit distribution and ensuring the normal operation and long-term development of the company, in consideration of the continuous return of the company to investors and the long-term development of the company, the profit distribution plan for 2021 will distribute cash dividends of RMB 0.60 (including tax) to all shareholders for every 10 shares based on the total share capital of the company of 200987600 shares, with a total of RMB 120593 million distributed to shareholders, The company does not convert capital reserve into share capital and bonus shares in this period. Before the implementation of this distribution plan, if the total share capital of the company changes due to the conversion of convertible bonds into shares, share repurchase, equity incentive exercise, refinancing and listing of new shares, the distribution proportion will be adjusted accordingly according to the principle of unchanged total distribution. Meanwhile, the general meeting of shareholders is requested to authorize the board of directors to implement matters related to equity distribution.
2、 Relevant description of profit distribution plan
1. Legality and compliance of profit distribution plan
This plan complies with the relevant provisions on profit distribution in the notice on further implementing matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies, and the articles of association of the company.
2. Matching of profit distribution plan and company growth
The formulation of this distribution plan matches the performance growth of the company, and fully considers the comprehensive factors such as the company’s profitability in 2021, future development capital demand and shareholders’ return on investment, which is in line with the interests of the company and all shareholders.
3. Before the disclosure of this plan, the company and relevant personnel have done a good job of information confidentiality in strict accordance with the company’s insider registration system, information disclosure management system and other relevant provisions, and no information leakage or insider trading has been found.
4. The 2021 profit distribution plan needs to be implemented after being deliberated and approved by the 2021 annual general meeting of shareholders of the company. There is still uncertainty. Please treat it rationally and pay attention to investment risks.
3、 Relevant review and approval procedures
1. Opinions of the board of directors
The 21st Meeting of the 4th board of directors of the company deliberated and approved the proposal on the company’s profit distribution plan in 2021, and agreed to submit the proposal to the general meeting of shareholders of the company for deliberation.
2. Opinions of independent directors
After review, the independent directors believe that this profit distribution fully considers the reasonable demands and interests of the majority of investors, takes into account the sustainable development of the company, matches the growth of the company’s performance, and is conducive to the stable development of the company. At present, the company’s business is in good condition. The profit distribution plan proposed by the board of directors is in line with the provisions of the company’s relevant profit distribution policies and the actual situation and development needs of the company. It is agreed to submit the profit distribution plan to the general meeting of shareholders for deliberation.
3. Opinions of the board of supervisors
The 16th meeting of the 4th board of supervisors of the company deliberated and approved the proposal on the company’s profit distribution plan in 2021, and agreed to submit the proposal to the general meeting of shareholders of the company for deliberation.
4、 Documents for future reference 1. Resolutions of the 21st Meeting of the Fourth Board of directors of the company; 2. Resolutions of the 16th meeting of the 4th board of supervisors of the company; 3. Independent directors’ independent opinions on relevant matters of the 21st Meeting of the Fourth Board of directors. It is hereby announced.
Xinjiang Beiken Energy Engineering Co.Ltd(002828) board of directors
April 21, 2022
