Securities code: Shenzhen Increase Technology Co.Ltd(300713) securities abbreviation: Shenzhen Increase Technology Co.Ltd(300713) Announcement No.: 2022027 Shenzhen Increase Technology Co.Ltd(300713)
Special note on the company's intention not to make 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.
Shenzhen Increase Technology Co.Ltd(300713) (hereinafter referred to as "the company" or "the company") held the fourth meeting of the third board of directors and the fourth meeting of the third board of supervisors on April 22, 2022. The meeting deliberated and approved the proposal on the company's profit distribution plan in 2021, and 2021 company plans not to make profit distribution. Relevant matters are hereby announced as follows:
1、 2021 profit distribution plan
According to the audit report issued by Rongcheng Certified Public Accountants (special general partnership), the net profit attributable to the owners of the parent company in 2021 was 893483462 yuan, plus 19686992646 yuan of undistributed profit at the beginning of the period, 153736970 yuan of legal surplus reserve was withdrawn, minus 0 yuan of distributed profit in the current year, and the profit available for distribution to all shareholders at the end of 2021 was 20426739138 yuan.
The company's net profit attributable to the shareholders of the listed company in 2021 was 893483462 yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was -171250962 yuan. On the one hand, the company's profitability in 2021 is low. On the other hand, the company has major projects under construction in the next 12 months, so the company has certain capital pressure in the short term. Based on the above situation, according to the relevant provisions of the company law and the articles of association, the company comprehensively considers the current operating conditions and future development needs, and formulates the profit distribution plan for 2021 as follows: no cash dividends, no bonus shares, no conversion of provident fund into share capital, and the undistributed profits are carried forward to the next year, so as to ensure the necessary and sufficient funds for the long-term development of the company and provide more stable and Long term returns.
This profit distribution plan 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 of the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association, according to the company's production and operation and the needs of strategic planning, combined with the external market environment, in order to improve the core competitiveness, consolidate the market and R & D foundation, and improve the comprehensive strength of the enterprise, the company continues to invest in R & D and market, while increasing production capacity and R & D capacity, The intelligent high-frequency switching power supply Shanghai base project and Shenzhen liuxiandong LianJian building project invested by the company are under construction.
In order to ensure the smooth implementation of the company's future development strategy, the steady and sustainable development and stable operation of the company, as well as the long-term consideration of the interests of all shareholders, no profit distribution will be carried out temporarily in 2021, and no capital reserve will be converted into share capital, so as to ensure the necessary and sufficient funds for the long-term development of the company and provide more stable and long-term returns for investors.
The proposed no profit distribution in 2021 complies with the provisions of the company law and the articles of association, and is legal, compliant and reasonable.
3、 Opinions of independent directors
After verification, the independent directors of the company believe that the distribution plan proposed by the board of directors based on the actual situation of the company is in line with the interests of the shareholders of the company, does not harm the interests of investors, does not violate the relevant provisions of the company law of the people's Republic of China and the articles of association, does not harm the interests of the shareholders of the company, especially the minority shareholders, and is conducive to the normal operation and healthy development of the company. It is agreed that the cash profit of the company in 2021 will not be distributed, nor will the capital reserve be converted into share capital. It is agreed to submit this plan to the 2021 annual general meeting of shareholders of the company for deliberation. 4、 Opinions of the board of supervisors
After verification, the board of supervisors believes that the company's plan not to carry out profit distribution in 2021 is made in combination with the company's current actual operating conditions, performance growth and the funds required for business expansion. The purpose is to ensure the steady and sustainable development and stable operation of the company, as well as the long-term consideration of the interests of all shareholders. Therefore, we agree to the company's profit distribution plan for 2021.
5、 Other instructions
The company's profit distribution plan for 2021 has been deliberated and approved at the fourth meeting of the third board of directors and the fourth meeting of the third board of supervisors. The independent directors of the company have expressed their independent opinions on this profit distribution plan. This profit distribution plan can only be implemented after being submitted to the 2021 annual general meeting of the company for deliberation and approval. There is uncertainty. Please invest rationally and pay attention to investment risks.
6、 Documents for future reference
1. Resolution of the fourth meeting of the third board of directors of the company;
2. Resolution of the fourth meeting of the third board of supervisors of the company; 3. Independent opinions of independent directors on matters related to the fourth meeting of the Fourth Board of directors. It is hereby announced.
Shenzhen Increase Technology Co.Ltd(300713) board of directors April 26, 2022
