Securities code: Amethystum Storage Technology Co.Ltd(688086) securities abbreviation: Amethystum Storage Technology Co.Ltd(688086) Announcement No.: 2022039 Amethystum Storage Technology Co.Ltd(688086)
Announcement on profit distribution plan in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Amethystum Storage Technology Co.Ltd(688086) (hereinafter referred to as “the company”) held the fifth meeting of the third board of directors and the third meeting of the third board of supervisors on April 29, 2022, deliberated and adopted the proposal on the company’s 2021 annual profit distribution plan, which needs to be submitted to the company’s 2021 annual general meeting for deliberation. The relevant information is hereby announced as follows:
1、 Basic profit distribution in 2021
Audited by Zhongxi Certified Public Accountants (special general partnership), the net profit attributable to the shareholders of the listed company in 2021 was -22898938975 yuan. In combination with the company’s operation in 2021 and the company’s development fund demand in 2022, and on the premise of taking into account the company’s development, business plan and shareholders’ interests, the company’s profit distribution plan in 2021 is: no cash dividend, no bonus shares and no conversion of accumulation fund into share capital.
2、 Reasons for no profit distribution in 2021
(I) the company is currently in the development stage, and the amount of debt and interest to be repaid by the company in the next year is large. The company needs sufficient capital reserves to meet the needs of project investment and operation development of the company. In order to ensure the smooth progress of the company’s business projects, ensure the sustainable, stable and healthy development of the company, and ensure the stability of the company’s cash flow
(II) according to the articles of association of Guangdong Amethyst information storage technology Co., Ltd. and the proposal on the planning of shareholders’ dividend return within three years after the company’s initial public offering and listing on the science and innovation board, the relevant provisions on the dividend distribution policy and shareholders’ dividend return planning after the company’s issuance and listing are stipulated, The company’s audited net profit attributable to the owners of the parent company in 2021 (whichever is lower before and after deducting non recurring profits and losses) is negative, which does not meet the above dividend return planning, “the company’s profit in the current year and the accumulated distributable profit (the company’s after tax profit after making up the loss and withdrawing the provident fund) is positive” and “the audit institution issues a standard unqualified audit report on the company’s financial report of the year” “Good operation of the company” and other profit distribution policy conditions.
Based on the above situation, the company plans not to distribute profits, give bonus shares or convert capital reserve into share capital in 2021.
3、 Review procedures for implementation
(I) deliberations of the board of directors
On April 29, 2022, the company held the fifth meeting of the third board of directors, deliberated and passed the proposal on the company’s 2021 annual profit distribution plan, and the board of directors agreed to submit the proposal to the company’s 2021 annual general meeting for deliberation.
(II) deliberation of the board of supervisors
On April 29, 2022, the company held the third meeting of the third session of the board of supervisors, which deliberated and approved the proposal on the company’s annual profit distribution plan in 2021. The board of supervisors held that the company’s plan of no profit distribution combines the company’s future development and capital arrangement, does not harm the interests of other shareholders of the company, especially small and medium-sized shareholders, and is more conducive to the company’s development and return to investors in the future, No profit distribution this time meets the requirements and agrees to the proposal.
(III) opinions of independent directors
After reviewing the proposal on the company’s annual profit distribution plan for 2021, the independent directors believe that the company plans not to distribute profits this time. After careful consideration of the company’s development plan and capital arrangement by the company’s board of directors, there is a clear use plan, which is in line with the company law, accounting standards for business enterprises The relevant provisions on profit distribution in the notice on further implementing matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 – cash dividends of listed companies (revised in 2022) and the articles of association of the CSRC are in line with the actual operation and financial situation of the company, and there is no damage to the interests of the company and minority shareholders. We agree to the proposal on the company’s 2021 annual profit distribution plan and agree to submit it to the company’s 2021 annual general meeting for deliberation.
4、 Other instructions
The company plans not to make profit distribution this time, which will take effect only after being deliberated and approved by the company’s 2021 annual general meeting of shareholders. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Amethystum Storage Technology Co.Ltd(688086) board of directors
April 30, 2022
