Securities code: Sichuan Etrol Technologies Co.Ltd(300370) securities abbreviation: St security control announcement Code: 2022042 Sichuan Etrol Technologies Co.Ltd(300370)
Special note on no profit distribution in 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.
Sichuan Etrol Technologies Co.Ltd(300370) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the profit distribution plan in 2021 at the 21st Meeting of the Fifth Board of directors and the 15th meeting of the Fifth Board of supervisors on April 21, 2022. The specific contents are hereby announced as follows:
1、 Basic information of 2021 profit distribution plan
Audited by Beijing Xinghua Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the parent company in 2021 was -86635498862 yuan. According to the provisions of the company law and the articles of association, the statutory surplus reserve is not withdrawn this year. By the end of 2021, the profit available for distribution in the statement of the parent company is -130127777521 yuan, and the company has been issued with qualified audit report by Beijing Xinghua Certified Public Accountants (special general partnership).
According to the relevant provisions on profit distribution in the articles of association, the specified cash dividend conditions are not met. According to the decision of the board of directors, the company’s profit distribution plan for 2021: no cash dividend, no bonus share distribution, and no conversion of capital reserve into share capital.
This plan has been deliberated and approved by the 21st Meeting of the 5th board of directors and the 15th meeting of the 5th board of supervisors of the company, and needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Reasons for no profit distribution in 2021
According to the relevant provisions on profit distribution in the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and the articles of association, since the company’s 2021 annual report was issued with qualified audit report by Beijing Xinghua Certified Public Accountants (special general partnership), it is proposed not to carry out profit distribution in 2021.
3、 Opinions of independent directors
The company’s plan for no profit distribution in 2021 is in line with the actual situation of the company, there is no violation of laws and regulations, does not damage the interests of the company’s shareholders, especially the minority shareholders, and is conducive to the normal operation and healthy development of the company. Therefore, we unanimously agree to the company’s profit distribution plan for 2021 and agree to submit the plan to the general meeting of shareholders for deliberation.
4、 Opinions of the board of supervisors
The board of supervisors believes that the company’s plan for no profit distribution in 2021 complies with the relevant provisions on profit distribution policies such as the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and the articles of association of the CSRC, conforms to the actual situation of the company and is conducive to the normal operation and healthy development of the company. Therefore, we unanimously agree to the company’s profit distribution plan for 2021.
5、 Documents for future reference
1. Resolutions of the 21st Meeting of the 5th board of directors;
2. Resolutions of the 15th meeting of the 5th board of supervisors;
3. Independent opinions of independent directors on matters related to the 21st Meeting of the Fifth Board of directors.
It is hereby announced.
Sichuan Etrol Technologies Co.Ltd(300370) board of directors
April 22, 2022
