Securities code: Kaiyuan Education Technology Group Co.Ltd(300338) securities abbreviation: Kaiyuan Education Technology Group Co.Ltd(300338) Announcement No.: 2022017 Kaiyuan Education Technology Group Co.Ltd(300338)
Announcement of profit distribution plan in 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Kaiyuan Education Technology Group Co.Ltd(300338) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the company’s profit distribution plan in 2021 at the 23rd Meeting of the 4th board of directors and the 21st Meeting of the 4th board of supervisors held on April 28, 2022. The relevant matters are hereby announced as follows: I. The company’s profit distribution plan
Audited by Tianjian Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in the consolidated income statement of the company in 2021 was -46076949938 yuan, and the net profit in the income statement of the parent company in 2021 was -11342859626 yuan. The undistributed profit of the consolidated statement at the end of 2021 was -14377034896 yuan, and the undistributed profit of the parent company at the end of 2021 was -103879648305 yuan. According to the proposal of the controlling shareholder of the company, the company plans not to pay dividends, increase shares or give shares in 2021. 2、 Reasons for no profit distribution in 2021
In view of the company’s performance loss in 2021, taking into account the company’s medium and long-term development plan and short-term production and operation reality, combined with the macroeconomic environment, industry operation situation and the company’s capital demand, in order to ensure the stability and long-term development of the company’s cash flow, enhance the ability to resist risks and realize the sustainable, stable and healthy development of the company, no cash dividends and bonus shares will be distributed in 2021, Capital reserve shall not be converted into share capital. 3、 Opinions of the board of directors of the company
After deliberation, the directors attending the meeting considered that this plan is in line with the actual situation of the company. Considering the large demand for funds for the future business expansion of the company, in order to improve the long-term development ability and profitability of the company and maximize the interests of the company and shareholders, and in accordance with the relevant provisions of the guidance on the supervision of listed companies No. 3 – cash dividends of listed companies and the articles of association, The profit distribution plan for 2021 proposed by the board of directors is: no dividend, no conversion to increase and no share bonus. The above profit distribution plan complies with relevant regulations, the company’s business needs and long-term development plan, takes into account the interests of the company and shareholders, and is conducive to the sustainable and stable development of the company. It is agreed to submit the proposal on the company’s annual profit distribution plan for 2021 to the general meeting of shareholders for deliberation. 3、 Opinions of independent directors
The company’s profit distribution plan for 2021 is formulated by the board of directors based on the actual operation of the company in 2021 and the changes in the business environment in 2022, which meets the relevant requirements of the regulatory authorities and the provisions of the articles of association, is conducive to the overall interests of the company and shareholders, and the decision-making procedures are legal and compliant. To sum up, we agree to the plan of no profit distribution this time and agree to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation. 4、 Opinions of the board of supervisors of the company
After deliberation, the board of supervisors believes that the company’s profit distribution plan complies with the relevant provisions of the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and the articles of association of the China Securities Regulatory Commission, and is in line with the interests of the company and all shareholders. Therefore, we agree not to make profit distribution this time and agree to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation. 6、 Documents for future reference
1. Resolutions of the 23rd Meeting of the 4th board of directors;
2. Independent opinions of independent directors on matters related to the 23rd Meeting of the Fourth Board of directors;
3. Resolution of the 21st Meeting of the 4th board of supervisors.
It is hereby announced.
Kaiyuan Education Technology Group Co.Ltd(300338) board of directors April 29, 2022
