Special note on no profit distribution in 2021
Securities code: Bringspring Science And Technology Co.Ltd(300290) securities abbreviation: Bringspring Science And Technology Co.Ltd(300290) Announcement No.: 2022028 Bringspring Science And Technology Co.Ltd(300290)
Special note on no 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.
Bringspring Science And Technology Co.Ltd(300290) (hereinafter referred to as "the company") deliberated and adopted the proposal on no profit distribution in 2021 at the fourth meeting of the Fifth Board of directors and the second meeting of the Fifth Board of supervisors held on April 28, 2022. This proposal needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation. The independent directors of the company expressed their independent opinions on the matter. The details are as follows:
1、 2021 profit distribution plan
According to the audit of Rongcheng Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in the consolidated statements of the company in 2021 is -40482055148 yuan, of which the net profit of the parent company is -52739624015 yuan. As of December 31, 2021, the balance of undistributed profits in the consolidated statements is -7542184224 yuan, of which the balance of undistributed profits of the parent company is -34633274025 yuan. In accordance with the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association and other relevant provisions, taking into account the company's future development needs, and in combination with the company's operation and cash flow, the board of directors of the company has formulated the profit distribution plan for 2021 as follows: no cash dividends, no bonus shares, and no capital reserve converted into share capital.
2、 Reasons for no profit distribution in 2021
According to the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association and other relevant profit distribution policies, on the one hand, the profit distribution principle is that the company's profit distribution policy should maintain continuity and stability, while taking into account the long-term interests of the company, the overall interests of all shareholders and the sustainable development of the company; On the other hand, the condition of cash dividend is that the profit of the current year and the accumulated undistributed profit are positive, and the implementation of cash dividend will not affect the subsequent continuous operation of the company or the planned major capital expenditure.
In view of the negative undistributed profit of the company by the end of 2021, combined with the current overall market environment, operation and the company's future development strategic plan, in order to meet the company's daily operation and investment needs, ensure the smooth implementation of the company's operation and management capital needs and medium and long-term development strategy, enhance the company's ability to resist risks and realize
Special note on no profit distribution in 2021
The company develops continuously, stably and healthily, so as to better safeguard the long-term interests of all shareholders. The profit distribution plan of the company for 2021 is: no cash dividend, no bonus shares, and no conversion of capital reserve into share capital.
3、 Opinions of independent directors
The independent directors believe that the plan proposed by the board of directors of the company not to conduct profit distribution in 2021 is in line with the actual situation of the company and the cash dividend policy specified in the articles of association. The profit distribution plan is legal, compliant and reasonable, does not damage the rights and interests of minority shareholders, and is conducive to the long-term development of the company. Therefore, we agree to the profit distribution plan for 2021. It is agreed to submit the plan to the 2021 annual general meeting of shareholders for deliberation.
4、 Opinions of the board of supervisors
After review, the board of supervisors believes that the profit distribution plan of the company for 2021 prepared by the board of directors is made in combination with the operation of the company in 2021 and the needs of future development, complies with the provisions of relevant laws, regulations, normative documents and the articles of association, and does not damage the interests of the company and other shareholders, especially small and medium-sized shareholders. It agrees to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
5、 Documents for future reference
1. The audit report issued by the general accounting firm;
2. Resolutions of the 4th meeting of the 5th board of directors;
3. Resolutions of the second meeting of the 5th board of supervisors;
4. Prior approval and independent opinions of independent directors on matters related to the fourth meeting of the Fifth Board of directors Bringspring Science And Technology Co.Ltd(300290) board of directors April 28, 2002
