St Longjing: the controlling shareholder proposed a profit distribution plan for the semi annual report of 2.5 yuan for 10

St Longjing ( Fujian Longking Co.Ltd(600388) ) announced on May 20 that the company’s previous profit distribution plan for 2021 was to distribute a cash dividend of 2.5 yuan (including tax) for every 10 shares based on the number of shares registered on the equity registration date of equity distribution. As the company’s 2021 annual audit report was issued with qualified opinions by the firm, the 2021 annual general meeting of shareholders considered that the relevant matters could not meet the conditions of profit distribution and rejected the profit distribution plan. The controlling shareholder of the company proposes that, under the condition of meeting the cash dividend, the profit distribution plan will be re submitted for review when the semi annual report of 2022 is disclosed. The proposed profit distribution plan is to distribute a cash dividend of 2.5 yuan (including tax) for every 10 shares based on the number of shares registered on the equity registration date on which the equity distribution is implemented.