Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2021-30
ADAMALtd.
Announcement of Dividend Distribution for the Year
2020
The Company and all members of its board of directors hereby confirm that all
information disclosed herein is true, accurate and complete with no false or
misleading statement or material omission.
The2020 Annual General MeetingofADAMA Ltd.(the“Company”)has approvedthe
2020 dividend distribution plan (the “Plan”) on May 21, 2021. The details of the
implementation of the distribution are as follows:
I．The Plan
On the basis of 2,329,811,766 total outstanding shares of the Company (among which
2,177,071,961 A shares and 152,739,805 B shares), after excluding 0 share in the
repurchase account of the Company, to distribute RMB 0.16 per 10 shares, before tax,
as cash dividend to all shareholders (After tax is deducted, RMB 0.144 for every 10
shares held by A-share QFII, RQFII and individuals and securities investment funds
holding restricted shares issued before IPO; for A-share shareholders holding restricted
shares issued after IPO, restricted shares for stock incentive, and non-restricted
outstanding shares, different tax rates will be applied on the dividend: a dividend of
RMB 0.16 for every 10 shares will be distributed first, then the tax will be deducted
according to the actual shareholding period and number of shares sold by investor after
the equity registration day (please see the note below); for securities investment funds
holding restricted A-shares issued after IPO, restricted A-shares for stock incentive,
and non-restricted outstanding A-shares,: the tax rate shall be 10% for the Hong Kong
investors holding funds shares, and different tax rates will be applied on the dividend
distributed to the mainland investors holding funds shares; the after-tax dividend for
B-share non-resident enterprises and individuals holding restricted shares issued before
IPO is RMB 0.144 for every 10 shares. Different tax rates will be applied on the
dividend distributed to domestic (overseas) individual shareholders：a dividend of
RMB 0.16 for every 10 shares will be distributed first, then the tax will be deducted
according to the actual shareholding period and number of shares sold by the investor
after the equity registration day).
[Note: On first –in –first –out basis, shareholding periods are calculated upon each
shareholders’ account, namely RMB 0.032 of tax per 10 shares for a period under one
month(inclusive); RMB 0.016 of tax per share for a period between one month and one
year(inclusive); no tax is payable for a period of over one year.]
Special note: Since the Company is a Sino-foreign joint venture, individual foreign
investors could temporarily be exempted from dividend income tax.
Dividend for B shares will be distributed in Hong Kong Dollars. According to the
Articles of Association of the Company, the exchange rate will be the daily reference
rate between RMB and HKD (HKD1.00 = RMB0.8296) published by the People’s
Bank of China at the 1st bank day (May 24, 2021) following the 2019 Annual General
Meeting.
The dividend distribution plan implemented is consistent with the plan approved bythe
2020 Annual General Meeting of the Company.
From the announcement of 2020 annual dividend distribution plan till its
implementation, the allocation ratio of dividends remains unchanged.
II. Registration Day and Ex-dividend Day
The equity registration day ofAshares is July 8, 2021.
The ex-dividend day of bothAshares and B shares is July 9, 2021.
The final trading day of B shares is July 8, 2021.
The equity registration day of B shares is July 13, 2021.
III. Shareholders Entitled to Receive the Dividend
The following shareholders are entitled to receive the dividend: All shareholders
holding Company A shares registered by China Securities Depository & Clearing
Corporation Ltd. Shenzhen Branch (“China Clearing Shenzhen Branch”) upon the
closing of Shenzhen Stock Exchange in the afternoon of July 8, 2021 and all
shareholders holding Company B shares registered by the China Clearing Shenzhen
Branch upon the closing of the Shenzhen Stock Exchange in the afternoon of July 13,
2021 (the final trading day is July 8, 2021)
IV. Ways of Distribution
1. The distribution of A shares dividend by the entrusted China Clearing Shenzhen
Branch will be directly transferred into the shareholders’ accounts of the entrusted
Security agency or other entrusted institutions on July 9, 2021.
Dividend for B shares will be transferred to the shareholders’ accounts through the
entrusted Security agency or the entrusted bank on July 13, 2021. If shareholders of B
shares transfer the custody of “ADAMA B” on July 13, 2021, they should still
withdraw their dividends at the original entrusted Securityagencyor the e
查看PDF原文
