Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no
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completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or
in reliance upon the whole or any part of the contents of this announcement.
(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 1065)
Announcement on the Implementation of
2011 Profit Distribution for A Shares
This announcement is made pursuant to Rule 13.09 of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited.
Tianjin Capital Environmental Protection Group Company Limited (the “Company”)
and all the directors (“Directors”) of the board of Directors (the “Board”) of the
Company hereby warrant the truthfulness, accuracy and completeness of the contents
in this announcement, and accept joint and several responsibilities for any false
information, misleading statements or material omissions in this announcement.
Important notice:
●
Cash dividend per share before and after tax
Cash dividend per share (before tax):
RMB0.04
Cash dividend per share (after tax):
RMB0.036
●
Registration date: 3 July 2012
●
Ex-rights (ex-dividend) date: 4 July 2012
●
Cash dividend payment date: 10 July 2012
I.
The session and time of the general meeting approving the distribution plan
The proposed 2011 profit distribution plan of the Company was considered and
approved at the 2011 annual general meeting held on 11 May 2012. The relevant
resolution was published in the Company’s announcement dated 11 May 2012.
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II. Distribution plan
1.
Year of distribution: 2011
2.
Scope of distribution:
All shareholders of A Shares registered in the register of members of the
Company as maintained by the China Securities Depository and Clearing
Corporation Limited, Shanghai Branch (“China Clearing Corporation”),
after the close of trading of the Shanghai Stock Exchange (“SSE”) in the
afternoon on 3 July 2012 (being the registration date for A Shares).
3.
The distribution is made on the basis of 1,427,228,430 shares (of which the
total number of A Shares is 1,087,228,430 shares) and a cash dividend of
RMB0.40 per ten shares (including tax) will be distributed to all
shareholders of A Shares. A cash dividend of RMB0.36 per ten shares will
be distributed on after tax basis. The total amount of dividends to be
distributed will be RMB57,089,137.20.
III. Implementation date
1.
Registration date: 3 July 2012
2.
Ex-rights (ex-dividend) date: 4 July 2012
3.
Cash dividend payment date: 10 July 2012
IV. Distribution targets
All shareholders of A Shares registered in the register of members maintained by
China Clearing Corporation after the close of trading of the SSE in the afternoon
on 3 July 2012 (being the registration date for A Shares).
V.
Dividend distribution implementation method
1.
Payment of cash dividends to Tianjin Municipal Investment Company
Limited (“TMICL”), the controlling shareholder of the Company, will be
made directly by the Company in accordance with the relevant provisions.
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2.
Cash dividends for shareholders of A Shares other than TMICL are entrusted
by the Company to China Clearing Corporation for distribution through its
cash settlement system to shareholders registered in the register of members
on the registration date, who have completed the designated transactions
with member units of the SSE. Investors who have completed all the
designated transactions are entitled to receive cash dividends from the
designated securities sales department on the cash dividend payment date.
The dividends for those shareholders who have not completed the designated
transactions will be held in custody by China Clearing Corporation
temporarily, pending for distribution after completion of the designated
transactions.
3.
For individual shareholders holding A Shares of the Company, the Company
will withhold individual income tax at the tax rate of 10% and the actual
cash dividends to be distributed after tax will be RMB0.036 per share.
4.
For qualified foreign institutional investors (QFII) holding A Shares of the
Company, the Company will, pursuant to the requirements of the “Notice
concerning the relevant questions on the withholding and payment of
enterprise income tax relating to the payment of dividends, bonus and
interest by PRC resident enterprises to QFII” (Guo Shui Han
[2009]No.47)(the “Notice”) issued by the State Administration of Taxation
on 23 January 2009, entrust the amount after deducting 10% enterprise
income tax, namely RMB0.036 per share, to China Clearing Corporation for
distribution. If the relevant shareholder considers that its dividend income
received is entitled to any treatment under any tax treaty (or arrangement),
the shareholder may make an application by itself to the competent taxation
authority after receiving the dividends in accordance with the requirements
of the Notice.
5.
If there exist other non-resident enterprise shareholders (as defined in the
Law of Enterprise Income Tax of the People’s Republic of China (the “EIT
Law”)) other than the aforesaid QFII, such shareholders should pay income
tax by themselves at the place of income source pursuant to the relevant
provisions of Section 39 of the EIT Law.
6.
For shareholders of A Shares (including institutional investors) within the
definition of resident enterprises under the EIT Law, they should report and
pay income tax by themselves, and the actual payment amount of cash
dividends will be RMB0.04 per share.
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VI. Methods for enquiries
Contact telephone number:
8622-23930128
Contact facsimile number:
8622-23930126
Contact address:
Office of Secretary to the Board of the
Company, TCEP Building, 76 Weijin
South Road, Nankai District, Tianjin, the
PRC.
Postal code:
300381
VII. List of documents available for inspection
The announcement on the resolutions of the 2011 annual general meeting of the
Company.
By Order of the Board
Zhang Wenhui
Chairman
Tianjin, the PRC
27 June 2012
As at the date of this announcement, the Board comprises four executive Directors:
Mr. Zhang Wenhui, Mr. Lin Wenbo, Ms. Fu Yana and Ms. Zhong Huifang; two
non-executive Directors: Mr. An Pindong and Ms. Chen Yinxing; and three
independent non-executive Directors: Mr. Xie Rong, Mr. Di Xiaofeng and Ms. Lee Kit
Ying, Karen.
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