Securities code: Funeng Oriental Equipment Technology Co.Ltd(300173) securities abbreviation: Funeng Oriental Equipment Technology Co.Ltd(300173) Announcement No.: 2022044
Funeng Oriental Equipment Technology Co.Ltd(300173)
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.
Funeng Oriental Equipment Technology Co.Ltd(300173) (hereinafter referred to as "the company") held the 28th meeting of the 5th board of directors and the 18th meeting of the 5th board of supervisors on April 21, 2022, and deliberated and adopted the proposal on profit distribution plan in 2021. The details are hereby announced as follows:
1、 2021 profit distribution plan
Audited by Guangdong chenganxin Certified Public Accountants (special general partnership), the parent company realized a net profit of -6470715162 yuan in 2021. As of December 31, 2021, the undistributed profit of the parent company was -111032737300 yuan.
According to the notice on further implementing the 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 relevant provisions of the articles of association of the China Securities Regulatory Commission, and in combination with the company's operation in 2021 and future development needs, the company's profit distribution plan for 2021 is: no cash dividends, no bonus shares and no conversion of capital reserve into share capital.
2、 Reasons for no profit distribution in 2021
According to Article 161 of the articles of association, the company implements an active profit distribution policy, attaches importance to the reasonable return on investment to investors, and maintains continuity and stability. The company may distribute its profits in cash or shares. The profit distribution shall not exceed the scope of accumulated distributable profits and shall not damage the company's ability to continue operating. In view of the negative undistributed profits of the parent company in 2021, in combination with the future development needs of the company and the relevant provisions of the articles of association, the board of Directors proposes that the company will not distribute cash dividends, bonus shares or convert capital reserve into share capital in 2021.
3、 Opinions of independent directors
The independent directors believe that the company's profit distribution plan for 2021 is in line with the actual situation of the company. The profit distribution plan is reasonable and in line with the provisions of the company law, the accounting standards for business enterprises, the notice on further implementing matters related to cash dividends of listed companies issued by the CSRC, the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies issued by the CSRC and the articles of association of the company, Comply with the profit distribution policy, profit distribution plan, long-term return plan of shareholders and relevant commitments made by the company. The independent directors agreed to the 2021 profit distribution plan proposed by the board of directors of the company and agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
4、 Opinions of the board of supervisors
After review, the board of supervisors believes that the profit distribution plan of the company for 2021 prepared by the board of directors is made in combination with the operation of the company in 2021 and the needs of future development, complies with the provisions of relevant laws, regulations, normative documents and the articles of association, and does not damage the interests of the company and other shareholders, especially small and medium-sized shareholders. It agrees to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
5、 Documents for future reference
1. Resolution of the 28th meeting of the 5th board of directors;
2. Resolution of the 18th meeting of the 5th board of supervisors;
3. Independent opinions of independent directors on matters related to the 28th meeting of the Fifth Board of directors. It is hereby announced.
Funeng Oriental Equipment Technology Co.Ltd(300173) board of directors April 23, 2022
