Securities code: Fujian Longking Co.Ltd(600388) securities abbreviation: St Longjing Announcement No.: 2022050
Bond Code: 110068 bond abbreviation: Longjing convertible bond
Fujian Longking Co.Ltd(600388)
Announcement on receiving the proposal letter of dividend arrangement from controlling shareholders
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.
Fujian Longking Co.Ltd(600388) 2021 annual profit distribution plan: Based on the number of shares registered on the equity registration date on which the equity distribution is implemented, a cash dividend of 2.5 yuan (including tax) will be distributed for every 10 shares.
According to Article 155 of the articles of association, when the company plans to implement cash dividends, the following conditions shall be met at the same time:
1. The distributable profit realized by the company in this year or half year is positive;
2. The accumulated distributable profit of the company is positive;
3. The audit institution shall issue an unqualified audit report on the annual or semi annual financial report of the company. 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.
In order to maintain the continuity of Fujian Longking Co.Ltd(600388) cash dividends and actively repay investors, the controlling shareholder of the company proposed that, under the condition of meeting the cash dividends, the profit distribution plan will be re submitted for deliberation when the semi annual report of 2022 is disclosed. The proposed profit distribution plan is to distribute cash dividends 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.
The company promises to actively promote relevant profit distribution matters according to the proposal of the controlling shareholder.
The proposal will be submitted to the board of directors and the general meeting of shareholders for deliberation and approval after the completion of relevant matters. Please understand the inconvenience caused to investors.
It is hereby announced!
Fujian Longking Co.Ltd(600388)
Board of directors
May 21, 2022
