Qinshang Optoelectronics announced the 2011 profit distribution plan proposed by the board of directors
Recently, Qinshang Optoelectronics announced that the proposed 2011 profit distribution plan of the company's board of directors is: based on the company's total share capital of 187 million shares as of December 31, 2011, a cash dividend of RMB 1 per 10 shares will be distributed to all shareholders ( Including tax), at the same time, the capital reserve will be increased by 10 shares for every 10 shares of all shareholders. After the increase, the company's total share capital will increase to 375 million shares.
In addition, the company's 2011 performance has grown steadily, and the net profit attributable to shareholders of listed companies was approximately 122 million yuan to 129 million yuan, an increase of 50% to 60% compared with the same period in 2011. The 2011 profit distribution and transfer of share capital plan is still subject to the approval of the company's annual report of the board of directors and the 2011 annual general meeting of shareholders to determine the final 2011 profit distribution plan.
The company's 2011 annual report and the profit distribution plan reviewed by the board of directors will be announced on March 20, 2012.
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