Xiamen Sunrise Wheel Group Co.Ltd(002593)

Securities code: Xiamen Sunrise Wheel Group Co.Ltd(002593) securities abbreviation: Xiamen Sunrise Wheel Group Co.Ltd(002593) announcement No.: 2022036

Xiamen Sunrise Wheel Group Co.Ltd(002593)

Announcement on implementation of annual 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. Special tips:

1. According to the provisions of the company law and other relevant laws and regulations, the 4200000 shares of the company held by Xiamen Sunrise Wheel Group Co.Ltd(002593) hereinafter referred to as “the company” through the repurchase of special accounts do not enjoy the right to participate in profit distribution. The company’s annual equity distribution plan for 2021 is as follows: according to the company’s total share capital of 808058029 shares, deducting 4200000 shares repurchased by the company, and taking 803858029 shares as the base number, the company will distribute 0.5 yuan in cash (including tax) to all shareholders for every 10 shares, with no increase or share distribution, totaling 4019290145 yuan. In this year, no bonus shares will be given and no capital reserve will be converted into share capital.

2. Considering that the shares in the company’s special securities repurchase account will not participate in the annual equity distribution in 2021, the total amount of the company’s actual cash dividends = the total share capital actually participating in the distribution × Distribution ratio, i.e. 4019290145 yuan =803858029 shares × 0.05 yuan / share. When calculating the ex right and ex dividend price after the implementation of this equity distribution, the cash dividend per share shall be calculated at 0049740 yuan / share (cash dividend per share = total cash dividend / total share capital, i.e. 0049740 yuan / share =4019290145 yuan / 808058029 shares, and the result shall be rounded to six decimal places). To sum up, on the premise that the equity distribution scheme remains unchanged, the ex right and ex dividend price after the implementation of the annual equity distribution in 2021 = the closing price on the equity registration date -0049740 yuan / share.

1、 Review and approval of profit distribution by the general meeting of shareholders

1. The 2021 annual equity distribution plan of the company has been reviewed and approved by the 2021 annual general meeting of shareholders held on May 13, 2022. The distribution plan is as follows: Based on the total share capital of 808058029 shares at the end of 2021, deducting the 4.2 million shares repurchased by the company that are not applicable to profit distribution, and taking 803858029 shares as the base, RMB 0.5 in cash (including tax) will be distributed to all shareholders for every 10 shares, with a total of RMB 4019290145 distributed. The remaining undistributed profits will not be distributed temporarily and will be carried forward to the next year. In this year, no bonus shares will be given and no capital reserve will be converted into share capital. From the time the board of directors deliberated the profit distribution plan to the date of equity registration when the profit distribution plan was implemented, if the total share capital of the company changes due to convertible bonds to shares, share repurchase, equity incentive exercise, refinancing and listing of new shares, the distribution amount for every 10 shares will be adjusted accordingly according to the principle that the total distribution amount remains unchanged.

2. The total share capital of the company has not changed from the date of disclosure to the implementation of the distribution plan.

3. The distribution plan implemented this time is consistent with the distribution plan approved by the general meeting of shareholders.

4. The implementation of the distribution plan has not been more than two months since it was deliberated and adopted by the general meeting of shareholders.

5. The special securities account for repurchase opened by the company holds 4.2 million shares of the company.

2、 Profit distribution plan implemented this time

The annual equity distribution plan of the company in 2021 is as follows: Based on 803858029 shares of the company’s existing total share capital excluding 4200000 shares that have been repurchased, cash of RMB 0500000 (including tax) is distributed to all shareholders for every 10 shares; After tax deduction, QFII, rqfii, individuals holding pre IPO restricted shares and securities investment funds will pay 0450000 yuan for every 10 shares; The individual dividend and bonus tax on the restricted shares, equity incentive restricted shares and non tradable shares after the initial public offering shall be levied at a differentiated tax rate. The company will not withhold the individual income tax temporarily. When an individual transfers shares, the tax payable shall be calculated according to his / her shareholding period; The red profit tax involved in securities investment funds holding restricted shares after initial public offering, 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.

[Note: according to the principle of first in first out, the shareholding period is calculated by taking the investor’s securities account as the unit. If the shareholding is within 1 month (including 1 month), RMB 0100000 shall be paid for every 10 shares; if the shareholding is more than 1 month to 1 year (including 1 year), RMB 0050000 shall be paid for every 10 shares; if the shareholding is more than 1 year, no supplementary tax shall be paid.]

3、 Dividend payment date

The registration date of this equity distribution is June 23, 2022, and the ex dividend date is June 24, 2022.

4、 Equity distribution object

The objects of this distribution are all shareholders of the company registered with China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as “CSDCC Shenzhen Branch”) after the closing of Shenzhen Stock Exchange on the afternoon of June 23, 2022.

5、 Equity distribution method

1. The cash dividends of A-share shareholders entrusted by the company to CSDCC Shenzhen Branch will be directly transferred to its capital account through the shareholder custody securities company (or other custody institution) on June 24, 2022.

2. The cash dividends of the following A-share shareholders shall be distributed by the company itself:

Serial number shareholder account shareholder name

101101 wuziwen

2 01604

301568 wulizhu

301497 wuzhiliang

401133 wuweiyang

During the application period for equity distribution business (from the application date of June 7, 2022 to the registration date of June 23, 2022), if the cash dividends entrusted to CSDCC Shenzhen Branch for distribution are 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

Considering that the shares in the company’s special securities repurchase account will not participate in the 2021 annual equity distribution, the total amount of the company’s actual cash dividends = the total share capital actually participating in the distribution × Distribution ratio, i.e. 4019290145 yuan =803858029 shares × 0.05 yuan / share. Since the company’s repurchased shares do not participate in dividends, after the implementation of this equity distribution, the total share capital of the company remains unchanged before and after the implementation of the equity distribution, and the proportion of the total cash dividends allocated to each share will be reduced. Therefore, when calculating the ex right ex dividend price after the implementation of this equity distribution, The cash bonus per share shall be calculated at 0049740 yuan / share (cash bonus per share = total cash bonus / total share capital, i.e. 0049740 yuan / share =4019290145 yuan ÷ 808058029 shares, and the result shall be rounded to six decimal places). To sum up, on the premise that the equity distribution scheme remains unchanged, the ex right and ex dividend price after the implementation of the annual equity distribution in 2021 shall be implemented in accordance with the above principles and calculation methods, that is, the ex right and ex dividend price after the implementation of the equity distribution = the closing price on the equity registration date -0049740 yuan / share.

7、 Relevant consultation methods

1. Consulting department: Office of the board of directors of the company

2. Contact: wuxiaohong, yangmeiling

3. Address: No. 30, Xinglin North Road, Jimei District, Xiamen, Fujian

4. Tel: 05926666866

8、 Documents for future reference

1. Xiamen Sunrise Wheel Group Co.Ltd(002593) resolutions of the second meeting of the 5th board of directors; 2. Xiamen Sunrise Wheel Group Co.Ltd(002593) resolutions of the 2021 annual general meeting of shareholders; 3. CSDCC Shenzhen Branch confirms the documents related to the specific timing of dividend distribution.

Xiamen Sunrise Wheel Group Co.Ltd(002593)

Board of directors

16 June 2022