Listed on the Shanghai Stock Exchange ·603950.SH
Profit Distribution Plan for 2021 of Xiangyang Changyuan Donggu Industrial Co., Ltd.
Release date:
2022-05-17
Main points of the 2021 profit distribution plan
Audited by Zhongshen Zhonghuan Certified Public Accountants (Special General Partnership), the company reported a net profit attributable to parent company shareholders of RMB 249,412,339.19 for the year 2021. The parent company recorded a net profit of RMB 128,604,793.96, set aside RMB 12,860,479.40 as statutory surplus reserves, and, together with the undistributed profits at the beginning of the year of RMB 165,628,451.04, reported distributable profits available to shareholders of RMB 281,372,765.60 as of the end of the reporting period.
To actively reward the company’s shareholders and share the fruits of its development with all shareholders, in accordance with the Company Law, the Articles of Association, and other relevant regulations, and taking into account the company’s current overall operations and stage of development, the company has formulated a profit distribution plan for 2021, while ensuring normal business operations and long-term growth.
The company’s proposed profit distribution plan for 2021 is as follows: Based on the total share capital as of the record date for the implementation of the profit distribution plan, a cash dividend of RMB 4.32 (including tax) will be distributed for every 10 shares held by all shareholders, totaling RMB 100,017,504.00 (including tax). The remaining undistributed profits will be carried forward to the next fiscal year. In addition to the aforementioned cash dividends, no bonus shares will be issued and no transfer of capital reserves to share capital will be undertaken under this profit distribution plan.
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Xiangyang Changyuan Donggu Industry Co., Ltd.
396 Zuanshi Avenue (Hongshantou Industrial Park), Xiangzhou District, Xiangyang, Hubei 441104, China
SSE Main Board: 603950
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