Home Business Tianjin Zhonghuan Semiconductor Co., Ltd. Announcement on the Implementation of Equity Distribution in 2021_Cash Dividend_Zhonghuan Co., Ltd._Total

Tianjin Zhonghuan Semiconductor Co., Ltd. Announcement on the Implementation of Equity Distribution in 2021_Cash Dividend_Zhonghuan Co., Ltd._Total

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Original title: Tianjin Zhonghuan Semiconductor Co., Ltd. Announcement on the Implementation of Equity Distribution in 2021

Stock Code: 002129 Stock Abbreviation: Zhonghuan Stock Announcement No.: 2022-051

Tianjin Zhonghuan Semiconductor Co., Ltd.

Announcement on the Implementation of Equity Distribution in 2021

The company and all members of the board of directors warrant that the content of the announcement is true, accurate and complete, and that there are no false records, misleading statements or major omissions.

Special Note:

The profit distribution plan implemented by Tianjin Zhonghuan Semiconductor Co., Ltd. (hereinafter referred to as the “Company”) this time is based on the company’s existing total share capital of 3,231,733,699 shares minus 9,676,878 shares in the special repurchase account, that is, 3,222,056,821 shares. Cash dividends of RMB 1.103303 (tax included) were distributed for 10 shares, with a total cash dividend of RMB 355,490,706.89, no bonus shares, and no conversion of accumulation fund into share capital. Since the company does not participate in dividends by repurchasing shares, after the implementation of this equity distribution, according to the principle of unchanged stock market value, the company’s total share capital will remain unchanged before and after the implementation of equity distribution, and the proportion of total cash dividends allocated to each share will be reduced. Therefore, When calculating the ex-rights and ex-dividend price after the implementation of this equity distribution, the cash dividend per share shall be calculated as 0.110000 yuan per share (cash dividend per share = total cash dividends / total share capital, namely 0.110000 yuan / share = 355,490,706.89 yuan ÷ 3,231,733,699 shares).

The company’s 2021 profit distribution plan has been reviewed and approved by the 2021 annual general meeting of shareholders held on June 15, 2022. The equity distribution is hereby announced as follows:

I. The Shareholders’ General Meeting reviewed and approved the profit distribution plan

(1) The profit distribution plan reviewed and approved by the company’s 2021 annual general meeting is: Based on the company’s total share capital of 3,231,733,699 shares as of December 31, 2021, a cash dividend of 1.10 yuan (tax included) will be distributed to all shareholders for every 10 shares. A cash dividend of RMB 355,490,706.89 will be distributed; no bonus shares will be distributed, and no capital reserve will be converted into share capital. If the total share capital of the company changes from the disclosure of the distribution plan to the implementation of the distribution plan due to the listing of new shares, the grant of equity incentives, the conversion of convertible bonds, and share repurchase, the distribution ratio will remain unchanged based on the total distribution. principles are adjusted accordingly.

(2) The company will implement repurchase in 2022, with a total of 9,676,878 shares in the special account for repurchase, and the total share capital participating in the equity distribution after excluding the repurchased shares is 3,222,056,821 shares; in view of the change in the base of the company’s share capital distribution this time, the total amount of cash distribution remains unchanged. In principle, the cash dividend ratio will be calculated based on the company’s existing total share capital excluding the share capital distribution base after repurchasing shares. The company’s 2021 annual equity distribution plan is adjusted as follows: Based on the company’s existing total share capital of 3,231,733,699 shares, 3,222,056,821 shares after excluding 9,676,878 shares that have been repurchased, a cash dividend of 1.103303 yuan (tax included) will be distributed to all shareholders for every 10 shares.

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(3) In addition to the above adjustments, the profit distribution plan implemented this time is consistent with the distribution plan reviewed and approved by the general meeting of shareholders and its adjustment principles;

(4) The implementation of the profit distribution plan has not exceeded two months since the company’s 2021 annual general meeting passed the profit distribution plan.

2. Equity distribution plan

The company’s 2021 equity distribution plan is: the company’s current total share capital of 3,231,733,699 shares minus the repurchase of 9,676,878 shares in the special repurchase account, i.e. 3,222,056,821 shares, will be used as the base for profit distribution, and a cash distribution of RMB 1.103303 for every 10 shares will be distributed to all shareholders. (tax included; after tax deduction, Hong Kong market investors, QFIIs, RQFIIs, and individuals and securities investment funds holding restricted shares before the IPO will distribute 0.992973 yuan for every 10 shares; Individual dividends and dividends tax on sale shares, equity incentive restricted shares and unrestricted tradable shares are subject to differentiated tax rates. The company does not withhold individual income tax for the time being. When individuals transfer shares, the tax payable will be calculated according to their shareholding period[Note ]; The dividend tax involved in securities investment funds holding post-IPO restricted shares, equity incentive restricted shares and non-restricted tradable shares shall be levied at 10% for the portion of fund shares held by Hong Kong investors, and levied at 10% for mainland investors holding funds. The share part is subject to differentiated tax rates).

[Note:Accordingtotheprincipleoffirst-infirst-outtheholdingperiodiscalculatedbasedontheinvestor’ssecuritiesaccountIftheholdingperiodislessthan1month(including1month)asupplementarytaxof0220661yuanwillbepaidforevery10shares;Formorethan1year(including1year)asupplementarytaxof0110330yuanshallbepaidforevery10shares;ifthesharesareheldformorethan1yearnosupplementarytaxshallbepaid】

3. Share registration date and ex-rights and ex-dividend date

The equity registration date for this equity distribution is: June 23, 2022, and the ex-rights and ex-dividend date is: June 24, 2022.

4. Objects for distribution of rights and interests

The objects of this distribution are: as of the afternoon of June 23, 2022 after the Shenzhen Stock Exchange closes, all shareholders of the company registered in the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as “China Clearing Shenzhen Branch”) .

V. Equity distribution method

1. The cash dividends that the company entrusts China Clearing Shenzhen Branch to distribute will be directly transferred to its capital account on June 24, 2022 through the shareholder custody securities company (or other custodian institution).

2. The following cash dividends for shareholders of A shares will be distributed by the Company:

During the application period for equity distribution business (application date: June 16, 2022 to registration date: June 23, 2022), if the shares in the securities account of self-distributed shareholders decrease, the cash distributed by China Clearing Shenzhen Branch is entrusted If the bonus is insufficient, all legal responsibilities and consequences shall be borne by our company.

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6. Adjust related parameters

1. After the implementation of this equity distribution, the proportion of cash dividends per share converted from the company’s total share capital is calculated as follows: Since the company’s repurchased shares in the securities account will not participate in the 2021 equity distribution, the company’s actual cash dividends this time The total amount of dividends is 355,490,706.89 yuan, The total share capital actually participating in the distribution is 3,222,056,821 shares, and the distribution ratio is 0.110330 yuan per share. Since the company does not participate in dividends by repurchasing shares, after the implementation of this equity distribution, according to the principle of unchanged stock market value, the company’s total share capital will remain unchanged before and after the implementation of equity distribution, and the proportion of total cash dividends allocated to each share will be reduced. Therefore, When calculating the ex-rights and ex-dividend price after the implementation of this equity distribution, the cash dividend per share converted from the total share capital should be calculated as 0.110000 yuan/share (cash dividend per share = total cash dividends/total share capital, that is, 0.110000 yuan/share = 355,490,706.89 yuan ÷ 3,231,733,699 shares), a cash dividend of RMB 1.100000 for every 10 shares. The ex-rights and ex-dividend price after the implementation of the company’s equity distribution in 2021 = the closing price on the equity registration date – 0.110000 yuan per share.

2. After the implementation of this equity distribution, the exercise price of the stock options involved in the company’s equity incentive plan will be adjusted, and the company will implement adjustment procedures in accordance with relevant regulations. The company will hold a separate board meeting for deliberation and disclosure.

7. Consulting institutions

Consultation address: No. 12, Haitai East Road, Huayuan Industrial Zone (Huanwai), Tianjin New Technology Industrial Park

Consulting Contacts: Qin Shilong, Jiang Yuan

Tel: 022-23789787

Fax Tel: 022-23789786

8. Documents available for inspection

1. Resolutions of the 24th meeting of the 6th Board of Directors;

2. Resolutions of the 2021 Annual General Meeting of Shareholders.

Special announcement

Tianjin Zhonghuan Semiconductor Co., Ltd. Board of Directors

June 17, 2022

Stock Code: 002129 Stock Abbreviation: Zhonghuan Shares Announcement Number: 2022-052

Tianjin Zhonghuan Semiconductor Co., Ltd.

About the change of name and the completion of industrial and commercial change registration

and announcement of change of stock short name

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and that there are no false records, misleading statements or major omissions.

important hint:

The name of Tianjin Zhonghuan Semiconductor Co., Ltd. (hereinafter referred to as “the company”) is now changed to “TCL Zhonghuan Renewable Energy Technology Co., Ltd.”, and the English name is correspondingly changed to “TCL Zhonghuan Renewable Energy Technology Co., Ltd.”; the company’s securities abbreviation It was changed to “TCL Zhonghuan”, the English abbreviation was changed to “TZE”, the securities abbreviation was activated on June 20, 2022, and the company’s securities code was still “002129”.

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1. Instructions for changing the company name and stock abbreviation

In order to better match the company’s shareholding structure, main business, strategic development and brand positioning, and accurately reflect the company’s business scope and operating conditions, Tianjin Zhonghuan Semiconductor Co., Ltd. (hereinafter referred to as the “Company”) changed its company name and securities abbreviation after the sixth The 24th meeting of the board of directors and the 2021 annual general meeting of shareholders reviewed and approved. For details, please refer to the relevant announcements disclosed by the company on the designated media.

The company has recently completed the industrial and commercial change registration procedures for the company name and the filing of the company’s articles of association, and obtained a new “business license” issued by the industrial and commercial administration department. The company name has been changed from “Tianjin Zhonghuan Semiconductor Co., Ltd.” to “TCL Zhonghuan” New Energy Technology Co., Ltd.”, the English name was changed from “TianJin ZhongHuan Semiconductor Co.,Ltd.” to “TCL Zhonghuan Renewable Energy Technology Co.,Ltd.”, the rights and obligations of the former Tianjin Zhonghuan Semiconductor Co., Ltd. were changed by TCL Zhonghuan New Energy Technology Co., Ltd. continues to enjoy and undertake. The basic information of the changed company is as follows:

1. Unified social credit code: 911200001034137808

2. Name: TCL Zhonghuan New Energy Technology Co., Ltd.

3. Type: Limited by Share Ltd (listed)

4. Legal representative: Shen Haoping

5. Business scope: manufacturing, processing, wholesale, and retail of semiconductor materials, semiconductor devices, and electronic components; manufacturing, processing, wholesale, and retail of electronic instruments, equipment and parts; house leasing; Export business and import business of machinery and equipment, spare parts, raw and auxiliary materials and technologies required by the company, research and development, manufacturing and sales of solar cells and components; manufacturing, installation and sales of photovoltaic power generation systems and components, photovoltaic power station operation . (Projects subject to approval according to law can only carry out business activities after being approved by relevant departments)

6. Registered capital: RMB 332,300,000,740,330,000,000,000,000,000

7. Date of establishment: December 21, 1988

8. Domicile: No. 12, Haitai East Road, Huayuan Industrial Zone (Huanwai), Tianjin New Technology Industrial Park

2. Description of the Effectiveness of the Abbreviation Change

After the company’s application and approval by the Shenzhen Stock Exchange, the company’s stock abbreviation will be changed from “Zhonghuan Shares” to “TCL Zhonghuan” from June 20, 2022, and the English abbreviation will be changed from “TJSEMI” to “TZE”. The company’s stock code No change, still “002129”.

3. Documents for reference

1. “Business License” of TCL Zhonghuan New Energy Technology Co., Ltd.;

2. Resolutions of the 24th meeting of the 6th Board of Directors;

3. Resolutions of the 2021 Annual General Meeting of Shareholders;

4. Opinions of independent directors.

Special announcement

Tianjin Zhonghuan Semiconductor Co., Ltd.

Board of Directors

June 17, 2022Return to Sohu, see more

Editor:

Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.

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