① At the company's 2023 shareholders' meeting, the shares of small and medium shareholders who opposed the “Proposal on Not Implementing Cash Dividends in 2023" accounted for 56.3636% of the shares ② The company's main operating indicators all reached record highs in 2023 ③ The company claimed that the amount of shares repurchased was treated as a cash dividend, and the 2021-2023 cash dividend met the requirements
Financial Services Association, April 16 (Reporter Chen Kang) The new “National Nine Rules” dividend regulations have been introduced, and whether listed companies pay cash dividends has attracted investors' attention. Today, Haomei New Materials (002988.SZ) reviewed and passed the “Proposal on Not Implementing Cash Dividends in 2023" at the 2023 Annual General Meeting of Shareholders.
At the meeting, the total voting status of small and medium shareholders was: 2,400 shares agreed, accounting for 43.6364% of the shares held by the small and medium shareholders attending the meeting; 3,100 shares opposed, accounting for 56.3636% of the shares held by the small and medium shareholders attending the meeting. The final voting results were approved with 99.9979% of the shares held by all shareholders attending the meeting.
In terms of performance, the main operating indicators of Haomei New Materials in 2023 all reached record highs, with revenue of 5.986 billion yuan, an increase of 10.6% over the previous year; achieved net profit of 182 million yuan after deducting net profit from non-mother, and achieved a high increase of 180 million yuan compared to the previous year.
Haomei New Materials mentioned in the “Special Instructions on Proposed No Cash Dividends in 2023" issued on the evening of March 18 that the amount of the company treated as a cash dividend in 2023 was 161 million yuan. This dividend is the amount the company spent to buy back shares.
According to the “Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 9 - Share Repurchase Rules (2023 Revision)” and “Listed Company Share Repurchase Rules (2023 Revision)”, the company completed the repurchase plan by June 30, 2023. The amount of shares repurchased using cash as consideration and centralized bidding as a transaction is treated as a cash dividend and included in the relevant proportion of the cash dividend for that year.
According to Haomei New Materials, the company's cumulative cash dividends totaling 212 million yuan in 2021-2023 have met the requirements of the “Articles of Association” that “the company's annual profit distribution ratio in cash is not less than 20% of the distributable profit achieved in the current year” and “the cumulative profit distributed in cash in the last three years is not less than 30% of the average annual distributed profit achieved in those three years.”
The company stated, “Retained undistributed profits will be used to meet the company's daily operating needs, supplement working capital, or be used for the company's long-term development to support the company's medium- to long-term development.”
This evening, Haomei New Materials also announced its first quarter results. Revenue was about 1,411 billion yuan, up 7.85% year on year; net profit was about 58.71 million yuan, up 177.6% year on year.
Haomei New Materials's main business is aluminum profile sales. The increase in performance last year was mainly due to the rapid increase in the share of the company's key transformation and development system doors, windows, and automobile lightweight business. Among them, the automotive lightweight aluminum profile business achieved revenue of 1,272 billion yuan, an increase of 36% over the previous year; the business share increased to 21%, an increase of 5 percentage points over the previous year.