Securities code: Ningxia Baofeng Energy Group Co.Ltd(600989) securities abbreviation: Ningxia Baofeng Energy Group Co.Ltd(600989) Announcement No.: 2022018
Ningxia Baofeng Energy Group Co.Ltd(600989) announcement on the implementation of annual equity distribution 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content: distribution proportion per share
Cash dividend of RMB 0.3210 per share (tax included) distributed to shareholders without restrictions; Shareholders of restricted shares shall distribute a cash dividend of RMB 0.2648 per share (including tax). Relevant date
Share class equity registration date last trading day ex right (interest) date cash dividend payment date
A shares 2022 / 5 / 112022 / 5 / 122022 / 5 / 12
Differentiated dividend transfer: first, the session and date of the general meeting of shareholders passing the distribution plan
The profit distribution plan was reviewed and approved by the 2021 annual general meeting of shareholders on March 31, 2022.
2、 Distribution scheme 1 Distribution year: 2021 Assigned to:
As of the afternoon of the equity registration date, after the closing of Shanghai Stock Exchange, all shareholders of the company registered with China Securities Depository and Clearing Co., Ltd. Shanghai Branch (hereinafter referred to as “China Securities Depository and clearing Shanghai Branch”). 3. Differentiated dividend transfer scheme:
(1) Basis of this differentiated dividend
In 2021, the company donated 300 million yuan in cash to Ningxia Yanbao charity foundation for public welfare charities dominated by donations to students. In order to safeguard the interests of the company’s unlimited shareholders, the restricted shareholders intend to compensate the unlimited shareholders.
(2) Calculation of this differentiated dividend
After deducting 19543506 repurchased shares, the company has 1974726494 non tradable shares, and the donation amount shared by non tradable shareholders is 80999838 yuan. The calculation formula is: the amount of donation apportioned by shareholders with unlimited sales of shares = the total amount of donation × (number of shares without restriction ÷ total number of shares entitled to this cash dividend) = 300 million yuan × (1974726494 shares ÷ 7313816494 shares).
After making compensation according to the above calculation amount, the shareholders of unlimited selling shares shall pay a cash dividend of RMB 0.3210 per share (including tax), with a total cash dividend of RMB 633887205;
Shareholders of restricted shares shall pay a cash dividend of RMB 0.2648 per share (including tax), totaling 1413791032.
(3) Calculation formula of average dividend per share
The total share capital of the company is 7333360000 shares, 19543506 shares are repurchased, and 1974726494 shares are non tradable after deducting the repurchased shares. Therefore:
Total number of shares of shareholders without restricted sales (minus special repurchase account): 1974726494 shares, with cash distribution of 0.3210 yuan per share, totaling 633887205 yuan;
Total number of restricted shares: 5339090000 shares, with cash distribution of 0.2648 yuan per share, totaling 1413791032 yuan;
A total cash dividend of 2047678237 yuan was distributed, corresponding to a cash dividend of 0.28 yuan per share.
According to the trading rules of Shanghai Stock Exchange, ex right (interest) reference price = (previous closing price – cash dividend) ÷ (1 + change proportion of circulating shares). All dividends of the company this time are cash dividends. There are no shares that do not meet the dividend conditions, and the change proportion of circulating shares is zero. Therefore, the ex right (interest) reference price = the closing price of the previous trading day -0.28 yuan. 3、 Relevant date
Share class equity registration date last trading day ex right (interest) date cash dividend payment date
A shares 2022 / 5 / 112022 / 5 / 122022 / 5 / 12
4、 Distribution implementation method 1 Implementation measures
(1) The dividend of tradable shares without sale conditions is entrusted to CSDCC Shanghai branch through its capital clearing system to the shareholders who are registered after the closing of the Shanghai Stock Exchange on the equity registration date and have handled the designated transactions with the members of the Shanghai Stock Exchange. Investors who have handled designated transactions can receive cash dividends at their designated securities business department on the dividend payment day. Shareholders’ dividends who have not handled designated transactions are temporarily kept by China Clearing Shanghai branch and distributed after handling designated transactions.
(2) If bonus shares are distributed or converted into share capital, China Clearing Shanghai branch shall directly record the number of shares held by shareholders registered after the closing of Shanghai Stock Exchange on the equity registration date into the shareholders’ account in proportion. 2. Self distribution object
Shareholders of restricted shares of the company. 3. Tax deduction description
(1) For natural person shareholders and securities investment funds holding tradable shares with unlimited sales conditions of the company, according to the Ministry of finance, the State Administration of Taxation According to the relevant provisions of the notice on issues related to the implementation of differentiated individual income tax policies for dividends and bonuses of listed companies (CS [2012] No. 85) and the notice on issues related to differentiated individual income tax policies for dividends and bonuses of listed companies (CS [2015] No. 101) issued by the China Securities Regulatory Commission, if an individual obtains shares of the company from the public offering and transfer market with a shareholding period of more than one year, The dividend income is temporarily exempted from personal income tax, and the actual cash dividend per share is RMB 0.3210; For individuals holding shares for less than one year (including one year), the company will not withhold individual income tax temporarily, and the actual cash dividend per share is RMB 0.3210. When they transfer shares, China Clearing Shanghai Branch will calculate the tax payable according to their holding period, which will be deducted from their capital account and transferred to China Clearing Shanghai branch by securities companies and other share custody institutions, and China Clearing Shanghai Branch will transfer it to the company within 5 working days of the next month, The company shall report and pay the tax to the competent tax authority within the statutory declaration period of the month in which the tax is received.
The specific actual tax burden is: if the shareholder’s shareholding period is within 1 month (including 1 month), the full amount of dividend income is included in the taxable income, and the actual tax burden is 20%; If the shareholding period is more than 1 month to 1 year (including 1 year), it shall be included in the taxable income by 50% temporarily, and the actual tax burden is 10%; If the holding period exceeds one year, the dividend income shall be exempted from individual income tax temporarily.
(2) For natural person shareholders and securities investment funds holding tradable shares with limited sales conditions of the company, according to the provisions of the notice on issues related to the implementation of differentiated individual income tax policies for dividends and bonuses of listed companies (CS [2012] No. 85) and the notice on issues related to differentiated individual income tax policies for dividends and bonuses of listed companies (CS [2015] No. 101), the dividends obtained after the lifting of the ban, Tax payment shall be calculated in accordance with relevant regulations, and the holding time shall be calculated from the date of lifting the ban; The dividends obtained before the lifting of the ban are temporarily reduced to 50% of the taxable income, and the tax rate of 20% is applicable. The actual cash dividend per share after tax is RMB 023832.
(3) For QFII shareholders holding the company’s shares, according to the provisions of the notice on issues related to the withholding and payment of enterprise income tax by Chinese resident enterprises paying dividends, bonuses and interests to QFII (Guo Shui Han [2009] No. 47) issued by the State Administration of Taxation, the enterprise income tax is withheld and paid at the tax rate of 10%. After deduction, the actual cash dividend paid by non tradable shareholders per share is RMB 0.2889, The actual cash dividend per share of restricted shares is RMB 023832. If the relevant shareholders believe that the dividends and bonus income they obtain need to enjoy the treatment of tax treaties (arrangements), they can apply for tax refund to the competent tax authority after obtaining dividends and bonuses in accordance with the regulations.
(4) For investors (including enterprises and individuals) investing in the company’s shares on the Hong Kong stock exchange, the dividends and bonuses will be distributed in RMB through zhongdeng Shanghai branch according to the account of the nominal holder of the shares, and the income tax will be withheld and paid at 10% in accordance with the relevant provisions of the notice on the tariff collection policy for the pilot of the trading interconnection mechanism of the Shanghai Hong Kong stock market (CS [2014] No. 81), After tax, the actual cash dividend per share paid by the shareholders of non tradable shares is RMB 0.2889, and the actual cash dividend per share of restricted shares is RMB 023832.
(5) For other institutional investors and corporate shareholders, the company will not withhold and remit corporate income tax, and the taxpayer will decide whether to pay corporate income tax locally in accordance with the tax law. The actual cash dividends distributed are: RMB 0.3210 per share for non tradable shares (before tax) and RMB 0.2648 per share for restricted shares (before tax). 5、 If you have any questions about this equity distribution, please consult through the following contact information. Contact address: No. 1, Lijing North Street, Xingqing District, Yinchuan City, Ningxia contact Department: Office of the board of directors Tel.: 09515558031 this announcement is hereby made.
Ningxia Baofeng Energy Group Co.Ltd(600989) board of directors may 5, 2022
