Securities code: Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318) securities abbreviation: Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318) Announcement No.: 2022029 Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318)
Announcement on the implementation of annual equity 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.
Special tips:
1. According to the company law of the people’s Republic of China and other relevant laws and regulations, Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318) (hereinafter referred to as “the company”) does not enjoy the right to participate in profit distribution for 16800065 shares of the company held through the special securities repurchase account. The annual equity distribution plan of the company in 2021 is as follows: according to the total share capital of 977170720 shares of the company, deducting 16800065 shares repurchased by the company, and taking 9 Xinjiang East Universe (Group) Gas Co.Ltd(603706) 55 shares as the base, the company will distribute RMB 4.00 in cash (including tax) to all shareholders for every 10 shares, with no increase or share distribution, totaling RMB 38414826200.
2. After the implementation of this equity distribution, the proportion of cash dividends per share converted according to the total share capital of the company and the reference price of ex right and ex dividend are as follows:
Considering that the shares in the company’s special securities repurchase account will not participate in the annual equity distribution in 2021, the total amount of the company’s actual cash dividend = the total share capital actually participating in the distribution × Distribution ratio, i.e. 38414826200 yuan = 9 Xinjiang East Universe (Group) Gas Co.Ltd(603706) 55 shares × 0.40 yuan / share; Cash dividend per share = total cash dividend ÷ total share capital (including repurchased shares), i.e. 0393123 yuan / share = 38414826200 yuan ÷ 977170720 shares (the result is rounded to six decimal places).
In conclusion, on the premise of ensuring that the equity distribution scheme remains unchanged, the ex right and ex dividend price after the implementation of annual equity distribution in 2021 = the closing price on the equity registration date -0393123 yuan / share.
1、 Basic information of this equity distribution
1. The 2021 equity distribution plan of the company has been deliberated and approved by the 2021 annual general meeting of shareholders held on May 17, 2022. For details, see securities times, Shanghai Securities News and cninfo.com, the company’s designated information disclosure website info. com. cn.。
2. From the disclosure of the distribution plan to the implementation period, the total share capital of the company has not changed. The equity distribution plan implemented this time is consistent with the proposal considered by the company’s 2021 annual general meeting of shareholders.
3. The distribution plan implemented this time is consistent with the distribution plan deliberated and approved by the general meeting of shareholders, in accordance with the principle of unchanged distribution proportion.
4. The implementation of the distribution plan has not been more than two months since it was considered and approved by the general meeting of shareholders.
2、 Equity distribution plan
The annual equity distribution plan of the company in 2021 is: 9 Xinjiang East Universe (Group) Gas Co.Ltd(603706) 55 shares after deducting 16800065 repurchased shares from the company’s total existing share capital of 977170720 shares, Distribute RMB 4000000 in cash to all shareholders for every 10 shares (tax included; after tax deduction, Hong Kong market investors, QFII, rqfii, individuals holding pre IPO restricted shares and securities investment funds holding shares through Shenzhen Stock connect will pay RMB 3 Shanghai Pudong Development Bank Co.Ltd(600000) for every 10 shares; the individual dividend tax on post IPO restricted shares, equity incentive restricted shares and unlimited tradable shares will be levied at a differentiated tax rate, and the company will not withhold individual income tax temporarily. When individuals transfer shares, it will be calculated according to their holding period Tax payable [note]; The red profit tax involved in securities investment funds holding post IPO restricted shares, equity incentive restricted shares and non tradable shares shall be levied at 10% on the fund units held by Hong Kong investors and differentiated tax rate on the fund units held by mainland investors).
[Note: according to the principle of first in, first out, the shareholding period is calculated by the investor’s securities account. If the shareholding is within 1 month (including 1 month), RMB 0800000 shall be paid for every 10 shares; if the shareholding is more than 1 month to 1 year (including 1 year), RMB 0400000 shall be paid for every 10 shares; if the shareholding is more than 1 year, no tax shall be paid.]
3、 Equity registration date and ex dividend date
The ex dividend date of this equity distribution is February 26, 2025.
4、 Object of this equity distribution
The objects of this distribution are all shareholders of the company registered in Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as “Shenzhen Branch”) after the closing of Shenzhen Stock Exchange on the afternoon of May 25, 2022.
5、 Equity distribution method
1. The cash dividends of A-share shareholders entrusted by the company to CSDCC Shenzhen Branch will be directly transferred to their capital account through shareholder custody securities companies (or other custody institutions) on May 26, 2022. 2. The cash dividends of the following A-share shareholders shall be distributed by the company itself:
No. name of shareholder of securities account
1 08 430 Jiuli Group Co., Ltd
2 01 043 Zhou Zhijiang
3 00 600 Li Zhengzhou
4 01 428 Cai Xingqiang
5 01 713 Xu Amin
During the application period of equity distribution business (application date: May 18, 2022 to registration date: May 25, 2022), if the cash dividend entrusted to China Clearing Shenzhen Branch is insufficient due to the reduction of shares in the securities account of the shareholders, all legal liabilities and consequences shall be borne by our company.
6、 Adjust relevant parameters
1. According to the company law of the people’s Republic of China and other relevant laws and regulations, Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318) (hereinafter referred to as “the company”) does not enjoy the right to participate in profit distribution for 16800065 shares of the company held through the special securities repurchase account. The annual equity distribution plan of the company in 2021 is as follows: according to the total share capital of 977170720 shares of the company, deducting 16800065 shares repurchased by the company, and taking 9 Xinjiang East Universe (Group) Gas Co.Ltd(603706) 55 shares as the base, the company will distribute RMB 4.00 in cash (including tax) to all shareholders for every 10 shares, with no increase or share distribution, totaling RMB 38414826200.
2. After the implementation of this equity distribution, the proportion of cash dividends per share converted according to the total share capital of the company and the reference price of ex right and ex dividend are as follows:
Considering that the shares in the company’s special securities repurchase account will not participate in the annual equity distribution in 2021, the total amount of the company’s actual cash dividend = the total share capital actually participating in the distribution × Distribution ratio, i.e. 38414826200 yuan = 9 Xinjiang East Universe (Group) Gas Co.Ltd(603706) 55 shares × 0.40 yuan / share; Cash dividend per share = total cash dividend ÷ total share capital (including repurchased shares), i.e. 0393123 yuan / share = 38414826200 yuan ÷ 977170720 shares (the result is rounded to six decimal places).
In conclusion, on the premise of ensuring that the equity distribution scheme remains unchanged, the ex right and ex dividend price after the implementation of annual equity distribution in 2021 = the closing price on the equity registration date -0393123 yuan / share.
7、 Advisory body
Contact: Yao Huiying
Address: No. 1899, Zhongxing Avenue, balidian Town, Huzhou City, Zhejiang Province
Tel.: 05722539041
Fax: 05722539799
8、 Documents for future reference
1. Resolutions of the 2021 annual general meeting of shareholders of the company;
2. Resolutions of the 15th meeting of the 6th board of directors of the company; 3. CSDCC Shenzhen Branch confirms the documents related to the specific timing of dividend distribution. It is hereby announced.
Zhejiang Jiuli Hi-Tech Metals Co.Ltd(002318) board of directors may 19, 2022
