Securities code: Konfoong Materials International Co.Ltd(300666) securities abbreviation: Konfoong Materials International Co.Ltd(300666) Announcement No.: 2022062 bond Code: 123123 bond abbreviation: Jiangfeng convertible bond
Konfoong Materials International Co.Ltd(300666)
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.
Konfoong Materials International Co.Ltd(300666) (hereinafter referred to as “the company”) held the 21st Meeting of the third board of directors and the 19th meeting of the third board of supervisors on April 25, 2022, and deliberated and adopted the proposal on profit distribution plan in 2021. The details are as follows:
1、 2021 profit distribution plan
According to the audit of Lixin Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company (referring to the parent company) in 2021 was 11678201065 yuan, less 1167820107 yuan of legal surplus reserve accrued in the current year, plus 39617427989 yuan of undistributed profit carried forward from the previous year, minus 3051922764 yuan of cash dividend in 2020. By the end of 2021, the profit available for distribution to shareholders was 47075886183 yuan.
In accordance with the guidance of the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”) on encouraging listed companies to pay cash dividends and giving stable and reasonable returns to investors, and on the premise of meeting the company’s development strategy and ensuring the normal operation and long-term development of the company based on the principle of returning shareholders and sharing the company’s operating results with shareholders, In accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”) and the articles of association, the board of directors of the company has formulated the profit distribution plan for 2021 as follows:
Based on the total number of 227621934 shares of the company as of December 31, 2021, cash dividends of RMB 1.00 (including tax) will be distributed for every 10 shares. The total amount of cash dividends distributed in 2021 is RMB 2276219340 (including tax). No bonus shares will be given, and no capital reserve will be converted into share capital. The remaining undistributed profits will be carried forward to subsequent years. If the total share capital of the company changes from December 31, 2021 to the equity registration date of the implementation of the plan due to the exercise of stock options in the first phase of the stock option incentive plan, the grant of restricted shares in the second phase of the stock option incentive plan, and the conversion of convertible corporate bonds, the equity distribution plan for 2021 will be calculated based on the latest total share capital of the company in accordance with the principle of unchanged total cash dividends.
The above profit distribution plan complies with the company law, the accounting standards for business enterprises, the notice on further implementing matters related to cash dividends of listed companies, the regulatory guidelines for listed companies No. 3 – cash dividends of listed companies (revised in 2022) and other relevant laws and regulations, as well as the relevant provisions on profit distribution in the articles of association, which reflects the return of the company to investors and has legitimacy Compliance and rationality. 2、 Opinions of the board of directors of the company
The 21st Meeting of the third board of directors of the company deliberated and adopted the proposal on profit distribution plan in 2021. After deliberation, the board of directors considered that the 2021 profit distribution plan matched with the company’s future development plan and growth, complied with relevant laws, regulations and the articles of association, and had legitimacy, compliance and rationality. It agreed to submit the proposal on 2021 profit distribution plan to the 2021 annual general meeting of shareholders of the company for deliberation.
3、 Opinions of independent directors of the company
After review, we believe that the company’s profit distribution plan for 2021 comprehensively considers the company’s current share capital scale, operating performance, development prospects and future development needs, the content of the plan matches the company’s performance growth, fully considers the reasonable demands of the majority of investors, and is conducive to all shareholders to share the operating results of the company’s development. The plan is consistent with the guidance of the CSRC to encourage listed companies to pay cash dividends, in line with the profit distribution policy, profit distribution plan and dividend commitment determined by the company, and has legitimacy, compliance and rationality. Therefore, we agree to the 2021 profit distribution plan formulated by the company and submit it to the 2021 annual general meeting of shareholders of the company for deliberation.
4、 Opinions of the board of supervisors of the company
The 19th meeting of the third session of the board of supervisors deliberated and adopted the proposal on the profit distribution plan for 2021. After deliberation, the board of supervisors considered that the profit distribution plan for 2021 matched the growth of the company’s performance. According to the actual situation of the company and taking into account the immediate and long-term interests of shareholders, the plan was in line with the provisions of the company law and the articles of association and had legitimacy, compliance and rationality, Approve the company’s profit distribution plan for 2021.
5、 Other
This profit distribution plan must be submitted to the 2021 annual general meeting of shareholders of the company for deliberation and approval. Please pay attention to the investment risks.
6、 Documents for future reference
1. Resolutions of the 21st Meeting of the third board of directors of the company;
2. Resolutions of the 19th meeting of the third board of supervisors of the company;
3. Independent opinions of independent directors on matters related to the 21st Meeting of the third board of directors of the company. It is hereby announced.
Konfoong Materials International Co.Ltd(300666) board of directors April 25, 2022
