Stock Code: 001234 stock abbreviation: temus Announcement No.: 2022025 Jiangsu temus Knitting Technology Co., Ltd
Announcement on 2021 profit distribution plan
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.
Jiangsu temushi Knitting Technology Co., Ltd. (hereinafter referred to as “the company”) held the 12th meeting of the first board of directors and the 8th meeting of the first board of supervisors on April 21, 2022, deliberated and adopted the proposal on the company’s profit distribution plan in 2021. The relevant information is hereby announced as follows:
1、 Basic information of profit distribution plan
Audited by Lixin Certified Public Accountants (special general partnership), the company realized a net profit of 9805162226 yuan attributable to the shareholders of the parent company and a net profit of 9112287779 yuan in 2021. According to the company law, the articles of association and relevant national regulations, the company plans to implement the distribution according to the following scheme:
1. Taking the net profit realized by the parent company as the base, withdraw 10% of the statutory surplus reserve of 911228778 yuan; 2. After withdrawing the statutory surplus reserve, the distributable profit of the parent company in this year is 8201059001 yuan, plus the undistributed profit of 9799429526 yuan at the beginning of the year, the total profit available for distribution to shareholders is 18 Shandong Chenming Paper Holdings Limited(000488) 527 yuan.
3. Based on the total share capital of 10666670000 shares of the company as of the date of the meeting of the board of directors, a cash dividend of 5.00 yuan (including tax) is distributed to all shareholders for every 10 shares, with a total cash dividend of 5333335000 yuan (including tax). No bonus shares will be given and no capital reserve will be converted into share capital.
After the board of directors deliberates the profit distribution plan for 2021, if the share capital changes, the distribution proportion will be adjusted according to the principle that the total distribution amount remains unchanged.
2、 Legality and compliance of profit distribution plan
This profit distribution plan complies with the provisions of laws, regulations and normative documents such as the company law, the accounting standards for business enterprises, 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, the provisions on cash dividends in the company’s prospectus and articles of association, and is consistent with the company’s operating performance and development plan, Full consideration is given to the reasonable return on investment to the majority of investors, which is conducive to all investors to share the results of the company’s operation and development, and has legitimacy, compliance and rationality.
3、 Decision making procedure of profit distribution plan
(I) deliberation by the board of directors
The 12th meeting of the first board of directors of the company deliberated and approved the proposal on the company’s profit distribution plan in 2021. The board of directors of the company considered that the profit distribution plan was in line with the actual operation and development of the company and conducive to the sustainable and healthy development of the company, agreed to the profit distribution plan and agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
(II) deliberation by the board of supervisors
The eighth meeting of the first board of supervisors of the company deliberated and approved the proposal on the company’s profit distribution plan for 2021. The board of supervisors considered that the profit distribution plan was in line with the interests of the company’s shareholders, especially the minority shareholders, and there was no violation of laws, regulations and the articles of association, nor damage to the interests of the company’s shareholders, especially the minority shareholders, and agreed to the profit distribution plan.
(III) opinions of independent directors
The independent directors believe that the profit distribution plan of the company in 2021 complies with the provisions of laws, regulations, normative documents and the articles of association, takes into account the long-term development needs of the company and the reasonable interests of shareholders, and does not damage the legitimate rights and interests of the company and shareholders, especially small and medium-sized shareholders. Therefore, we 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、 Other instructions
This profit distribution plan can only be implemented after being deliberated and approved by the company’s 2021 annual general meeting of shareholders. There is uncertainty. Please invest rationally and pay attention to investment risks.
5、 Documents for future reference
1. Resolution of the 12th meeting of the first board of directors of Jiangsu temus Knitting Technology Co., Ltd. 2. Resolution of the 8th meeting of the first board of supervisors of Jiangsu temus Knitting Technology Co., Ltd
3. Independent opinions of independent directors of Jiangsu temus Knitting Technology Co., Ltd. on matters related to the 12th meeting of the first board of directors
It is hereby announced.
Board of directors of Jiangsu temushi Knitting Technology Co., Ltd
April 25, 2022
