Gelonghui on November 29th, china jushi co., ltd (600176.SH) announced that according to the "excess profit sharing scheme" and the actual operation performance of the company, the amount of excess profit sharing provisioned in 2021 was 0.71 billion yuan, the amount provisioned in 2022 and 2023 is 0 yuan, and the total amount of excess profit sharing provisioned during the implementation period of the "excess profit sharing plan" is 0.71 billion yuan.

Based on the deferred payment arrangement specified in the "excess profit sharing scheme," the company will step by step realize the 0.71 billion yuan excess profit sharing amount provisioned in 2021, and the total amount of incentives realized and distributed from 2022 to 2024 is 0.2549007 billion yuan.

According to the actual realization situation, the current outstanding balance of deferred unreleased excess profit sharing is 0.4550993 billion yuan. The specific arrangement is as follows: According to the "excess profit sharing scheme" and the implementation rules, if the company's non-recurring net income attributable to shareholders in the current year decreases compared to the profit target, the reward amount to be realized in the first three redemption years (2022-2024) needs to be deducted. The deduction policy is not applied in the last two redemption years (2025-2026). Therefore, the unreduced realized portion in the outstanding balance is 0.155 billion yuan, which must be realized according to the rules. Deducting the undiscounted realized portion mentioned above leaves a balance of 0.3000993 billion yuan (i.e., 0.4550993 billion yuan - 0.155 billion yuan), which, according to the detailed rules of excess profit implementation, will be confirmed not to be realized after following the approval process.