晨鸣Ｂ：2020年年度报告摘要（英文版）.PDF

1、2020 Annual Report Summary of Shandong Chenming Paper Holdings Limited 1 Stock code:000488,200488 Stock abbreviation:Chenming Paper Chenming B Announcement No.:2021-032 2020 Annual Report Summary of Shandong Chenming Paper Holdings Limited I.IMPORTANT NOTICE This annual report summary is extracted f

2、rom the text of the annual report.For the full understanding of the operating results,financial position and plan for further development,investors should carefully read the text of the annual report published on the media as designated by the CSRC.All directors have attended the board meeting to re

3、view this annual report in person.Notice of non-standard auditors opinion Applicable Not applicable A proposed profit distribution plan on ordinary shares or a proposed plan on conversion of capital reserves into share capital for the reporting period was considered and passed by the Board Applicabl

4、e Not applicable Whether there is an increase of share capital from reserves Yes No The proposed profit distribution plan on ordinary shares of the Company was considered and passed by the Board:based on the total ordinary share capital of 2,984,208,200 shares as at the end of 2020,a cash dividend o

5、f RMB1.85(tax inclusive)per 10 shares will be distributed to all shareholders.No bonus shares will be issued and there is no increase of share capital from reserves.A cash dividend of RMB552,078,517.00will be distributed to ordinary shareholders.If the total share capital of the Company changes befo

6、re the date of the equity registration for the implementation of the equity distribution,it is proposed to maintain the same total distribution and adjust the distribution ratio per share accordingly.A proposed profit distribution plan on preference shares for the reporting period was considered and