Securities code: Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) securities abbreviation: Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) Announcement No.: 2022021 Jiangsu Jingyuan Environmental Protection Co.Ltd(688096)
Announcement on the company's profit distribution plan for 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are responsible for the authenticity of the contents and for the false records, misleading statements or major omissions in the announcement.
Important tips:
Distribution ratio per share: cash dividend of RMB 4 (tax included) will be distributed for every 10 shares, and no accumulation fund will be converted into share capital or bonus shares will be given.
The profit distribution is based on the total share capital registered on the equity distribution registration date, and the specific date will be specified in the equity distribution implementation announcement.
If the total share capital of the company changes before the equity registration date of equity distribution, the company plans to maintain the amount of cash dividend per share unchanged, adjust the total distribution accordingly, and announce the specific adjustment separately.
1、 Main contents of profit distribution plan
The audit of Dahua Certified Public Accountants (special general partnership) confirmed that Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) (hereinafter referred to as "the company") achieved a net profit attributable to the shareholders of the listed company of 5632618276 yuan in 2021. As of December 31, 2021, the profit available for distribution to shareholders of the parent company was 20816593449 yuan. In 2021, the company plans to distribute profits based on the total share capital registered on the date of equity distribution. The profit distribution plan is as follows:
The company plans to distribute cash dividends of RMB 4 (including tax) to all shareholders for every 10 shares. As of December 31, 2021, the total share capital of the company is 107293500 shares. Based on this calculation, the company plans to pay a total cash dividend of 42917400 yuan (including tax). The company will not convert the accumulation fund into share capital or give bonus shares this year.
If the total share capital of the company changes from the date of disclosure of this announcement to the date of equity distribution and equity registration due to the conversion of convertible bonds into shares / share repurchase / share incentive grant share repurchase and cancellation / major asset restructuring share repurchase and cancellation, the company plans to maintain the amount of cash dividend per share unchanged and adjust the total distribution accordingly. In case of subsequent changes in the total share capital, the specific adjustment will be announced separately.
The profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Decision making procedures performed by the company
(I) convening, deliberation and voting of the board meeting
The company held the 15th meeting of the third board of directors on April 29, 2022, and passed the proposal on the profit distribution plan in 2021. This proposal needs to be submitted to the company's 2021 annual general meeting for deliberation. (II) opinions of independent directors
The independent directors believe that the company has always attached importance to the reasonable return to investors since its listing, and is committed to maintaining the continuity and stability of profit distribution. The profit distribution plan for 2021 proposed by the board of directors meets the requirements of relevant laws, regulations and rules such as the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies, the articles of association and the notice on matters related to the further implementation of cash dividends of listed companies, Taking full account of the company's current actual operating conditions, capital needs and future development and other factors, and in line with the provisions of the articles of association and other relevant review procedures, the company's profit distribution plan for 2021 is conducive to safeguarding the long-term interests of all shareholders and does not damage the rights and interests of medium and small shareholders.
In conclusion, we unanimously agree to the proposal of the company's profit distribution plan for 2021 and agree to submit the proposal to the company's 2021 annual general meeting for deliberation.
(III) opinions of the board of supervisors
The company held the 14th meeting of the third board of supervisors on April 29, 2022, and deliberated and adopted the proposal on profit distribution plan in 2021.
The board of supervisors of the company believes that this profit distribution plan fully considers the company's profitability, future capital demand and other factors, complies with the provisions of relevant laws and regulations and the articles of association, adapts to the current development stage and actual situation of the company, and is conducive to the sustainable, stable and healthy development of the company. The proposal decision-making procedure is legal and compliant. The implementation of the plan is in the interests of the company and all shareholders, and there is no case that damages the interests of minority shareholders.
To sum up, the board of supervisors of the company agreed to this annual profit distribution plan, which needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
3、 Relevant risk tips
(I) this profit distribution plan combines the company's profitability, future capital demand and other factors, and will not have a significant impact on the company's operating cash flow, normal operation and long-term development.
(II) this profit distribution plan needs to be submitted to the company's 2021 annual general meeting for deliberation. Please pay attention to the investment risks.
It is hereby announced.
Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) board of directors April 30, 2022
