Stock Code: Jiangsu Eastern Shenghong Co.Ltd(000301) stock abbreviation: Jiangsu Eastern Shenghong Co.Ltd(000301) Announcement No.: 2022083 bond Code: 127030 bond abbreviation: Shenghong convertible bond
Bond Code: 114578 bond abbreviation: 19 Shenghong G1
Jiangsu Eastern Shenghong Co.Ltd(000301)
Announcement on the implementation of dividend 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.
1、 Profit distribution plan approved by the general meeting of shareholders
1. Jiangsu Eastern Shenghong Co.Ltd(000301) (hereinafter referred to as “the company” or “the company”) the 2021 annual dividend distribution plan has been deliberated and approved by the 2021 annual general meeting of shareholders held on May 9, 2022. The specific contents are as follows: take the total share capital on the equity registration date when the distribution plan is implemented in the future as the distribution base, distribute cash dividends of 1.50 yuan (including tax) to all shareholders for every 10 shares, give bonus shares of 0 shares, and do not convert the accumulation fund into share capital. 2. The conversion period of the company’s convertible corporate bonds (bond abbreviation: Shenghong convertible bonds, bond Code: 127030) is from September 27, 2021 to March 21, 2027. Since the company will implement the equity distribution in 2021, in order to ensure that the total share capital will not change during the implementation of this equity distribution, “Shenghong convertible bonds” will suspend the conversion from May 18, 2022 to May 26, 2022, the equity registration date of this equity distribution. Therefore, the total share capital of the company is 5946509124 shares.
3. The distribution plan implemented this time is consistent with the distribution plan deliberated and approved by the company’s 2021 annual general meeting of shareholders.
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、 Profit distribution plan implemented this time
The company’s annual equity distribution plan for 2021 is: Based on the company’s existing total share capital of 5946509124 shares, Distribute 1500000 yuan in cash to all shareholders for every 10 shares (tax included; after tax deduction, Hong Kong market investors, QFII, rqfii and individuals holding pre IPO restricted shares and securities investment funds who hold shares through Shenzhen Stock connect will pay 1350000 yuan 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, the tax payable will be calculated according to their holding period Tax amount [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 0300000 will be paid for every 10 shares; if the shareholding is more than 1 month to 1 year (including 1 year), RMB 0150000 will be paid for every 10 shares; if the shareholding is more than 1 year, no tax will be paid.]
3、 Dividend payment date
The registration date of this equity distribution is May 26, 2022, the ex right and ex interest date is May 27, 2022, and the dividend payment date is May 27, 2022.
4、 Dividend distribution object
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 26, 2022.
5、 Allocation 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 27, 2022. 2. The cash dividends of the following A-share shareholders shall be distributed by the company itself:
Serial number shareholder account number shareholder name
1 08 377 Jiangsu Shenghong Technology Co., Ltd
2 08 128 Shenghong Petrochemical Group Co., Ltd
3 08 226 Shenghong (Suzhou) Group Co., Ltd
4 08 706 Jiangsu Wujiang Silk Group Co., Ltd
5 08 087 Jiangsu Lianyungang Port Co.Ltd(601008) Bohong Industrial Co., Ltd
During the application period of equity distribution business (application date: May 18, 2022 to registration date: May 26, 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
After the implementation of this equity distribution, the conversion price of “Shenghong convertible bonds” will be adjusted accordingly. The conversion price before adjustment is 13.53 yuan / share, and the conversion price after adjustment is 13.38 yuan / share. The effective date of this conversion price adjustment is May 27, 2022. The announcement on the price adjustment of convertible corporate bonds (Announcement No.: 2022084) was also published in the securities times, China Securities Journal, Shanghai Securities News and cninfo.com（ http://www.cn.info.com.cn. ）Disclosure on.
7、 Relevant consultation methods
1. Consulting organization: Secretary Office of the board of directors of the company
2. Address: No. 73, Shichang East Road, Shengze Town, Wujiang District, Suzhou City, Jiangsu Province
3. Contact: Fan Jiajian
4. Tel: 051263573480
5. Fax: 051263552272
8、 Documents for future reference
1. Resolutions of the 2021 annual general meeting of shareholders of the company;
2. Resolutions of the 49th session of the 8th 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.
Jiangsu Eastern Shenghong Co.Ltd(000301) board of directors
May 20, 2022
