Securities code: Hitevision Co.Ltd(002955) securities abbreviation: Hitevision Co.Ltd(002955) Announcement No.: 2022014 Hitevision Co.Ltd(002955)
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.
Hitevision Co.Ltd(002955) (hereinafter referred to as "the company" or " Hitevision Co.Ltd(002955) ") held the 12th meeting of the second board of directors and the 8th meeting of the second board of supervisors on April 27, 2022, and deliberated and adopted the proposal on the company's profit distribution plan in 2021. This plan still needs to be submitted to the company's annual general meeting in 2021 for deliberation and approval. The relevant information is hereby announced as follows:
1、 Basic information of 2021 profit distribution plan
Audited by Tianzhi International Certified Public Accountants (special general partnership), the consolidated statement of the company achieved a net profit of 16896051399 yuan attributable to the shareholders of the parent company in 2021, and the parent company achieved a net profit of 16196597598 yuan in 2021. As of December 31, 2021, the undistributed profit in the consolidated statements was 91446609230 yuan, and the undistributed profit in the parent company's statements was 77874725759 yuan.
According to the company's future capital expenditure plan, combined with the current operation and capital status, the company plans not to distribute profits or convert capital reserve into share capital in 2021 after deliberation and decision of the board of directors.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Explanation on no cash dividend in 2021
(I) development stage of the company and its own business needs
At present, the development of the company is in the key stage of strategy implementation. In 2022, according to the strategic plan, the company will continue to improve the product application, promote the R & D and innovation of the company's software and hardware products, and increase the market investment in after-school delay service and teacher training service, which has a large demand for funds; At the same time, covid-19 pneumonia epidemic is still continuing, and the retention of sufficient funds can ensure the smooth implementation of the company's actual production and operation capital demand and development strategy, and improve the ability to deal with potential risks. Therefore, in order to promote the sustainable, stable and healthy development of the company and better safeguard the long-term interests of all shareholders, the company plans not to distribute dividends or convert capital reserve into share capital in 2021, and the undistributed profits will be carried forward to the next year.
(II) matching of profit distribution plan and future development of the company
The company's non profit distribution in 2021 is based on the comprehensive consideration of the company's current development stage, external environment, operation and management, medium and long-term development planning and other factors, which is conducive to providing the company with necessary and sufficient funds, reducing external borrowing, improving financial stability and anti risk ability, ensuring the company's normal production and operation and future long-term development, and better safeguarding the long-term interests of all shareholders.
3、 Purpose and use plan of undistributed profits of the company
The company's undistributed profits in 2021 are accumulated and rolled over to the next year, which is mainly used to support the development of various businesses and working capital needs of the company and ensure the smooth implementation of the company's development strategy. In the future, the company will always pay attention to the return to investors in the form of cash dividends, comprehensively consider various factors related to profit distribution in accordance with relevant laws, regulations and the articles of association, and give priority to cash distribution on the premise that the company can achieve profits and cash can meet the sustainable operation and development of the company, so as to protect and improve the long-term interests of investors. 4、 Opinions of the board of directors
The company's profit distribution plan for 2021 is made based on the actual situation of the company and comprehensively considers the company's business plan and capital demand in 2022. The retained undistributed profits of the company are mainly used to supplement the working capital required for daily operation and ensure the sustainable, stable and healthy development of the company. The board of directors of the company agreed to the profit distribution plan for 2021.
5、 Opinions of independent directors
After verification, the independent directors of the company believe that the company's intention not to distribute profits in 2021 is an important decision made based on the company's current operating conditions, capital needs and the company's future development, taking into account the long-term interests of the company and all shareholders, which is conducive to meeting the capital needs of the company's normal production, operation and development, in line with the company's development strategy, and there is no damage to the interests of the company's shareholders. Therefore, we agree to the 2021 profit distribution plan made by the board of directors and agree to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
6、 Opinions of the board of supervisors
After review, the board of supervisors held that the company did not conduct profit distribution in 2021 and did not implement the profit distribution plan of converting capital reserve into share capital, which was in line with the actual situation of the company and the relevant provisions of relevant laws, regulations and the articles of association, and there was no damage to the interests of shareholders of the company, especially small and medium-sized shareholders. The board of supervisors of the company agreed to the profit distribution plan and agreed to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation. It is hereby announced.
Hitevision Co.Ltd(002955) board of directors April 28, 2022
