Stock Code: Julong Co.Ltd(300202) stock abbreviation: ST Julong Announcement No.: 2022038 Julong Co.Ltd(300202)
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 falsehood
False records, misleading statements or material omissions.
Julong Co.Ltd(300202) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the company’s profit distribution plan in 2021 at the 31st meeting of the 4th board of directors and the 18th meeting of the 4th board of supervisors respectively. The relevant information is hereby announced as follows:
1、 Basic information
Audited by zhongxinghua Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the company in 2021 was -41261261065 yuan, and the net profit realized by the parent company was -8799192023 yuan. As of December 31, 2021, the company’s profit available for distribution to shareholders was 40683518163 yuan, and the balance of the company’s year-end surplus reserve was 14416129529 yuan. According to the notice on further implementing the matters related to cash dividends of listed companies issued by China Securities Regulatory Commission, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies and the relevant provisions of the articles of association, comprehensively considering the company’s future development needs and in combination with the company’s operation, after the study of the board of directors, the company’s profit distribution plan for 2021 is: no cash dividends and bonus shares in 2021, Nor will the capital reserve be converted into share capital.
2、 Reasons for no profit distribution in 2021
In view of the negative net profit attributable to the shareholders of the company in 2021, according to the company law, the notice on matters related to the further implementation of cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies (revised in 2022), the articles of Association and other relevant provisions, the company’s performance loss in 2021 does not meet the conditions for cash dividends. In order to ensure the sustainable, stable and healthy development of the company and better safeguard the long-term interests of all shareholders, comprehensively consider the company’s business plan in 2022, consider the support of the company’s capital status, profitability and cash flow to the company’s business development, and better take into account the long-term interests of shareholders, the board of directors decided that there would be no cash dividends, bonus shares and capital reserve converted into share capital in 2021, which is legitimate and reasonable Compliance and rationality.
3、 Purpose and plan of undistributed profits of the company
The undistributed profits of the company in 2021 will be mainly used to meet the normal production and operation development of the company. The undistributed profits of the company will be carried forward and distributed in subsequent years. In the follow-up operation, the company will pay attention to the reasonable investment return to investors, maintain the continuity and stability of the profit distribution policy, take into account the long-term interests of the company, the overall interests of all shareholders and the sustainable development of the company, and implement a positive profit distribution policy.
4、 Opinions of independent directors
After careful consideration of the proposal on the company’s profit distribution plan for 2021, we agree that the board of directors of the company comprehensively considers the company’s future development strategy and capital arrangement, and puts forward the plan for no profit distribution in 2021, which meets the requirements of relevant regulations and the actual situation of the company, and there is no harm to the interests of investors. The above scheme complies with relevant laws and regulations and the articles of association. Based on the above factors, we unanimously agree that the board of directors will not make profit distribution plan, and agree to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation. 5、 Opinions of the board of supervisors
After review, the board of supervisors believes that the company’s non profit distribution in 2021 is based on the comprehensive consideration of the actual situation of the company’s current operation and development, in line with the current actual situation of the company and the relevant provisions of relevant laws and regulations and the articles of association. The profit distribution plan is reasonable, and the deliberation and voting procedures are legal and compliant.
6、 Other
The 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.
It is hereby announced!
Julong Co.Ltd(300202) board of directors April 29, 2002
