Securities Announcement No.: 3003
Announcement on the implementation of 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.
Zhejiang Songyuan Automotive Safety Systems Co.Ltd(300893) (hereinafter referred to as "the company") the 2021 annual equity distribution plan has been deliberated and approved by the 2021 annual general meeting of shareholders held on May 17, 2022. Now the equity distribution is announced as follows:
1、 Profit distribution and conversion of capital reserve into share capital plan approved by the general meeting of shareholders
1. The 2021 annual general meeting of shareholders deliberated and approved the proposal on the plan for profit distribution and conversion of capital reserve into share capital in 2021. Based on the total share capital of 150000000 shares at the end of 2021, the company distributed cash dividends of 2 yuan (tax included) for every 10 shares to all shareholders, with a total cash share profits of 30000000 yuan (tax included). At the same time, the capital reserve will be converted into share capital, and 5 shares will be converted to all shareholders for every 10 shares, with a total of 75000000 shares converted into share capital.
Between the disclosure date of the profit distribution plan and the date of equity distribution and equity registration, if the company's share capital changes due to the listing of new shares, the granting and exercise of equity incentive, the conversion of convertible bonds into shares, share repurchase and other matters, the company will adjust the total amount of distribution according to the principle of unchanged distribution proportion, and the total amount of converted shares according to the principle of unchanged conversion proportion.
2. From the disclosure of the distribution plan to the implementation period, the total share capital of the company has not changed.
3. The distribution plan implemented this time is consistent with the distribution plan considered at the 2021 annual general meeting of shareholders.
4. The implementation of this distribution plan has not been more than two months since it was deliberated and approved by the general meeting of shareholders.
2、 The profit distribution and capital reserve converted into share capital scheme implemented this time
The company's annual equity distribution plan for 2021 is: Based on the company's existing total share capital of 150000000 shares, 2000000 yuan in cash for every 10 shares to all shareholders (tax included; after tax deduction, QFII, rqfii and individuals holding pre IPO restricted shares and securities investment funds will pay 1800000 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 [note] ； The bonus 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 at a differentiated tax rate on the fund units held by mainland investors). At the same time, the capital reserve shall be used to increase 5000000 shares for every 10 shares to all shareholders.
[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 0400000 shall be paid for every 10 shares; if the shareholding is more than 1 month to 1 year (including 1 year), RMB 0200000 shall be paid for every 10 shares; if the shareholding is more than 1 year, no tax shall be paid.]
Before the dividend, the total share capital of the company was 150000000 shares, and after the dividend, the total share capital increased to 225000000 shares.
3、 Equity registration date and ex dividend date
The registration date of this equity distribution is May 30, 2022, and the ex right and ex interest date is May 31, 2022.
4、 Equity distribution object
The objects of this distribution are all shareholders of the company registered in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "Shenzhen Branch") after the closing of Shenzhen Stock Exchange on the afternoon of May 30, 2022.
5、 Equity distribution method
1. The shares sent (transferred) this time will be directly recorded into the shareholder's securities account on May 31, 2022. If the number of shares is the same as the total number of shares (less than 1) in the system, it will be transferred from the last share (less than 1) to the total number of shares (less than 1) in the process of random distribution, and it will be the same as the total number of shares (less than 1) in the system.
2. 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 31, 2022. 3. The cash dividends of the following A-share shareholders shall be distributed by the company itself:
Serial number shareholder account shareholder name
1 02 196 Hu chanming
2 02 569 Shen Yanyan
3 08 387 Mingkai equity investment partnership in Ningbo Meishan free trade port area (limited partnership)
During the application period of equity distribution business (application date: May 23, 2022 to registration date: May 30, 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、 The starting trading date of the tradable shares with unlimited sale conditions sent (transferred) this time is May 31, 2022.
7、 Statement of changes in share capital structure
Before and after this change
Class of shares number of shares (share) proportion proportion of shares converted from capital reserve
Number of shares (shares) (shares)
1、 Limited sales clause 1125 Shenzhen Quanxinhao Co.Ltd(000007) 5.00% 5625 Konka Group Co.Ltd(000016) 875000075.00% shares
2、 Unlimited sales terms 375 China Vanke Co.Ltd(000002) 5.00% 1875 Shenzhen Wongtee International Enterprise Co.Ltd(000056) 25 Shenzhen Tellus Holding Co.Ltd(000025) .00% shares
3、 Total shares 1500 Ping An Bank Co.Ltd(000001) 00.00% 750 China Vanke Co.Ltd(000002) 250 Ping An Bank Co.Ltd(000001) 00.00%
8、 After the implementation of share offering (conversion), the net income per share in 2021 is 0.4945 yuan based on the dilution of 225000000 new share capital.
9、 Advisory body
Consulting address: No. 1, yunyunyan Road, moushan Town, Yuyao City, Zhejiang Province
Consulting contact: Ye Xing Tel.: 057462499207 Fax: 057462495482 X. documents for future reference 1. Resolutions of the 2021 annual general meeting of shareholders; 2. Resolutions of the 21st Meeting of the second board of directors; 3. Relevant documents of CSDCC Shenzhen Branch confirming the equity distribution of the company in 2020. It is hereby announced.
Zhejiang Songyuan Automotive Safety Systems Co.Ltd(300893) board of directors
May 24, 2022
