Securities code: Vt Industrial Technology Co.Ltd(300707) securities abbreviation: Vt Industrial Technology Co.Ltd(300707) Announcement No.: 2022032 bond Code: 123088 bond abbreviation: Weitang convertible bond
Vt Industrial Technology Co.Ltd(300707)
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.
On April 26, 2022, Vt Industrial Technology Co.Ltd(300707) (hereinafter referred to as “the company”) held the fourth meeting of the third board of directors, deliberated and adopted the proposal on the company’s profit distribution plan in 2021. The contents of the motion are hereby announced as follows:
1、 Basic information of profit distribution in 2021
The audit of Tianzhi International Certified Public Accountants (special general partnership) confirmed that the net profit attributable to the shareholders of the parent company in 2021 was 4876508438 yuan, and the accumulated undistributed profit of the parent company was 21966332520 yuan as of December 31, 2021.
In view of the good operation of the company at present, in order to ensure the reasonable investment return of shareholders, according to the relevant provisions of 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 company, after comprehensive consideration of the reasonable return of investors and the long-term development of the company, On the premise of ensuring the normal operation and business development of the company, the board of directors drew up the following distribution plan: Taking the total share capital of 157026197 shares as of March 31, 2022 as the base, the cash dividend of 0.40 yuan (tax included) was distributed to all shareholders for every 10 shares, with a total cash dividend of 628104788 yuan (tax included).
After the announcement of the company’s profit distribution plan and before its implementation, if the company’s share capital changes, the distribution proportion will be adjusted accordingly according to the principle that the total amount of cash dividends remains unchanged.
2、 Opinions of the board of directors of the company
The board of directors considered that the proposal on the company’s 2021 annual profit distribution plan matched the company’s future development plan and growth, complied with relevant laws, regulations and the articles of association, and was legitimate, compliant and reasonable. It agreed to submit the proposal on the company’s 2021 annual profit distribution plan to the general meeting of shareholders for deliberation.
3、 Opinions of independent directors of the company
After verification, the independent directors of the company believe that the scheme fully considers the reasonable investment return to the majority of investors, matches the actual situation and development strategy of the company, is conducive to all shareholders to share the company’s operating results, and the above profit distribution plan will not cause the shortage of working capital or other adverse effects of the company. The above scheme complies with the provisions of relevant laws, regulations and the articles of association, and has legitimacy, compliance rationality. We agree to the profit distribution plan and agree to submit the proposal to the general meeting of shareholders of the company for deliberation.
4、 Opinions of the board of supervisors of the company
The fourth meeting of the third session of the board of supervisors considered that the proposal on the company’s profit distribution plan for 2021 matches the company’s future development plan and growth, complies with relevant laws, regulations and the articles of association, has legitimacy, compliance and rationality, does not damage the interests of the company’s shareholders, especially small and medium-sized shareholders, and is conducive to the normal operation and healthy development of the company. 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.
5、 Documents for future reference
1. Vt Industrial Technology Co.Ltd(300707) the resolution of the fourth meeting of the third board of directors;
2. Vt Industrial Technology Co.Ltd(300707) the resolution of the fourth meeting of the third board of supervisors;
3. Vt Industrial Technology Co.Ltd(300707) independent directors’ independent opinions on matters related to the fourth meeting of the third board of directors.
It is hereby announced.
Vt Industrial Technology Co.Ltd(300707) board of directors April 27, 2022
