Securities code: Changshu Fengfan Power Equipment Co.Ltd(601700) securities abbreviation: Changshu Fengfan Power Equipment Co.Ltd(601700) Announcement No.: 2022021 Changshu Fengfan Power Equipment Co.Ltd(601700) 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 per share of A-Shares is 0.05 yuan (the company plans to distribute cash dividend of 0.5 yuan (including tax) to all shareholders for every 10 shares based on the total share capital of 1141019520 shares at the end of 2021, with a total cash dividend of 57050976 yuan. The actual number of cash dividends distributed per share is calculated by dividing this total amount by the number of common shares on the equity distribution registration date). Relevant date
Share class equity registration date last trading day ex right (interest) date cash dividend payment date
A shares 2022 / 5 / 262022 / 5 / 272022 / 5 / 27
Transfer of differentiated dividends: No. 1. 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 May 10, 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. Distribution plan:
This profit distribution is based on 1141019520 shares of the company’s total share capital before the implementation of the scheme, with a cash dividend of 0.05 yuan per share (including tax), totaling 57050976 yuan.
The actual number of cash dividends distributed per share is calculated by dividing the total amount by the number of common shares on the date of equity distribution.
3、 Relevant date
Share class equity registration date last trading day ex right (interest) date cash dividend payment date
A shares 2022 / 5 / 262022 / 5 / 272022 / 5 / 27
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
The cash dividends of fan Jiangang, fan Liyi, fan Yueying and Yang Jun shall be paid by the company itself. 3. Tax deduction description
(1) For individual shareholders holding shares of the company and securities investment funds, in accordance with the notice on issues related to individual income tax policies on dividend differentiation of listed companies (CS [2015] No. 101) issued by the Ministry of finance, the State Administration of Taxation and the China Securities Regulatory Commission, and the notice on tax issues of securities investment funds (CS [1998] No. 55) issued by the Ministry of Finance and the State Administration of Taxation, When the company distributes dividends, the individual income tax will not be withheld temporarily, and a cash dividend of 0.05 yuan per share will be distributed. When individual shareholders and securities investment funds transfer shares, CSDCC Shanghai branch shall calculate the tax payable according to their shareholding period (referring to the holding time from the date when individuals and securities investment funds obtain the company’s shares from the public offering and transfer market to the day before the date of transfer and delivery of the company’s shares), and the securities company and other share custody institutions shall deduct it from the individual capital account and transfer it to CSDCC Shanghai Branch, China Clearing Shanghai branch shall transfer the tax to the company within 5 working days of the next month, and the company shall report and pay the tax to the competent tax authority within the legal declaration period of the month in which the tax is received.
The specific actual tax burden is: if the holding period of individual shareholders and securities investment funds is within 1 month (including 1 month), the full amount of dividend income is included in the taxable income, the actual tax burden is 20%, and the actual cash dividend per share is 0.04 yuan; as
If its shareholding period is more than 1 month to 1 year (including 1 year), it will be included in the taxable income at a temporary reduction of 50%, the actual tax burden is 10%, and the actual cash dividend per share is 0.045 yuan; If the shareholding period exceeds 1 year, the individual income tax shall be exempted temporarily, and the actual cash dividend per share shall be 0.05 yuan (the above income shall be subject to the individual income tax at the tax rate of 20%).
(2) For qualified foreign institutional investors (“QFII”) holding the company’s shares, according to the provisions of the notice on issues related to withholding and paying 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 company will withhold and pay enterprise income tax at the tax rate of 10%, and the actual cash dividend per share is 0.045 yuan. If the relevant shareholders believe that their dividend income needs to enjoy the treatment of tax treaty (arrangement), they can apply to the competent tax authority after obtaining the dividend according to the regulations.
(3) For Hong Kong market investors (including enterprises and individuals) who hold the company’s shares through the Shanghai Hong Kong stock connect, their cash dividends shall be distributed by the company through China Clearing Shanghai branch according to the account of the nominal holder of the shares (Hong Kong Central Clearing Co., Ltd.), according to the Ministry of finance, the State Administration of Taxation According to the provisions of the notice on tax policies related to the pilot of Shanghai Hong Kong stock market trading interconnection mechanism (CS [2014] No. 81) issued by the CSRC, the company withholds and pays income tax at the tax rate of 10%, and the actual cash dividend per share is 0.045 yuan. If Hong Kong investors are tax residents of other countries and the tax treaty signed between their home country and China stipulates that the tax rate of dividend income is less than 10%, the enterprise or individual can apply to the competent tax authority of the company for the treatment of tax agreement on their own or entrust a withholding agent. After examination, the competent tax authority shall refund the tax according to the difference between the taxed amount and the tax payable calculated according to the tax treaty rate.
(4) For other institutional investors and legal person shareholders, their income tax shall be paid by themselves, and the actual cash dividend per share shall be 0.05 yuan. 5、 If you have any questions about the implementation of this equity distribution, please consult according to the following contact information: contact Department: Office of the board of directors Tel.: 051252122997. This announcement is hereby made.
Changshu Fengfan Power Equipment Co.Ltd(601700) board of directors may 23, 2022
