300309SZSE

Special Explanation on the Proposal Not to Distribute Profits for the Year 2022

Giantway Co., Ltd.··3 pages

✨ AI Summary

The board of directors of Ji Ai Technology Group Co., Ltd. has proposed not to distribute profits for 2022 due to a net loss of approximately 1.04 billion yuan. This decision aims to support the company's long-term development and ensure stable returns for investors. The proposal will be submitted for approval at the upcoming shareholders' meeting.

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Full Translation

AI Translation· azure_openai

Ji Ai Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On March 28, 2023, the Company held the 44th meeting of the 4th board of directors and the 22nd meeting of the 4th supervisory board, where the proposal "Not to Implement Profit Distribution for the Year 2022" was reviewed and approved. This proposal will be submitted to the Company's 2022 annual shareholders' meeting for deliberation. The relevant matters are explained as follows:

1. Audited Financial Data for the Year 2022

According to the audit report issued by Zhongzheng Yatai Certified Public Accountants (Special General Partnership), the Company achieved a net profit attributable to shareholders of the listed company of -1,040,107,525.50 yuan for the year 2022. The distributable profit of the parent company for the year 2022 was -2,384,680,853.42 yuan. Considering the Company's current operational status and future plans, the profit distribution proposal for 2022 is as follows: no cash dividends, no bonus shares, and no capital reserve fund conversion to increase share capital. This proposal will also be submitted for deliberation at the shareholders' meeting.

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