Stock Code: 603195 Stock Name: Gongniu Group
公牛集团股份有限公司
GONGNIU GROUP CO., LTD.
Annual Report 2022
Important Notes
1. The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,
supervisors and senior management of Gongniu Group Co., Ltd. (hereinafter referred to as the
“Company”) hereby guarantee that the contents of this Report are true, accurate and complete
and free of any misrepresentations, misleading statements or material omissions, and collectively
and individually accept legal responsibility for such contents.
2.All the directors of the Company attended the board meeting for the review of this Report.
3. Pan-China Certified Public Accountants LLP has issued an independent auditor’s report with
unmodified unqualified opinion for the Company.
4. Ruan Liping, the Company’s legal representative, Zhang Lina, the Company’s Chief Financial
Officer, and Luo Yuebo, head of the Company’s financial department (equivalent to financial
manager) hereby guarantee that the financial statements carried in this Report are true, accurate
and complete.
5. Final dividend plan approved by the Board of Directors
As audited by Pan-China Certified Public Accountants LLP, net profit attributable to shareholders
of the Company as the parent stood at RMB3,188,619,359.56 for 2022, and the cumulative distributable
profit of the Company as the parent was RMB4,693,667,008.01 as at 31 December 2022. The 2022 final
dividend plan is as follows: Based on the total share capital (exclusive of the shares in the Company’s
repurchased share account) at the record date of the dividend payout, the Company intends to pay a cash
dividend of RMB33 (tax inclusive) per 10 shares to shareholders, with a bonus issue of 4.8 additional
shares for every 10 shares held by shareholders from capital reserves.
According to the total share capital of 601,077,590 shares minus the 46 shares in the repurchased
share account at the date when this Report was authorized for issue, the total cash dividend amount is
RMB1,983,555,895.20 (tax inclusive), and the total share capital will increase to 889,594,811 shares
upon the bonus issue (share capital subject to the number registered with the Shanghai branch of China
Securities Depository and Clearing Co., Ltd., with tail difference, if any, due to rounding).
Where any change occurs to the total share capital before the record date of the dividend payout,
the cash dividend and bonus issue per share shall remain the same while the total payout and bonus issue
amount shall be adjusted accordingly.
The final dividend plan is subject to final approval by the 2022 Annual General Meeting of
Shareholders.
6. Risk warning regarding forward-looking statements
√ Applicable □ Not applicable
Any plans, development strategies and other forward-looking statements mentioned in this Report
shall not be considered as promises to investors. Investors and those concerned shall be sufficiently
aware of the risks and understand the differences between plans and forecasts and promises.
7. Indicate whether any of the controlling shareholder or other related parties occupied the
Company’s capital for non-operating purpose.
N/A
8. Indicate whether the Company provided any guarantee for any external party in violation of the
prescribed decision-making procedure.
N/A
9. Indicate whether over half of the directors refused to guarantee the truthfulness, accuracy and
completeness of this Report.
N/A
10. Major risk warning
The Company has described the possible risks in this Report. For further information, please refer
to the contents under the heading “Possible risks” under Item VI (IV) in “Part III Management
Discussion and Analysis”.
11. Other information
□ Applicable √ Not applicable
To Shareholders
In 2022, we surmounted a multitude of adversities, cultivating vitality amid crises and pioneering
new paths in the face of change, ultimately achieving a robust growth in performance. Our traditional
business strengthened its competitive advantages, while our initial ventures into new markets and
industries began to reveal their potential. The Company’s overall operational quality experienced a
comprehensive enhancement. We extend our gratitude to our shareholders for their unwavering support
and companionship, as well as to our devoted employees for their relentless efforts and persistence.
Throughout this year, we have diligently kept up with the evolving trends in consumer preferences,
placing customer needs at the forefront of our priorities and actively pursuing product innovation. We
introduced a range of state-of-the-art products, such as orbital socket, ultra-thin switches with
aerospace-level safety features, eye-friendly desk lamps, intelligent door locks with integrated peephole
cameras, and fan lights. This has enabled us to offer our customers a dive
查看PDF原文
