Gree Electric Appliance issued an announcement on the evening of February 13, announcing the medium-term profit distribution plan for 2021. According to the plan, Gree Electric plans to distribute a cash dividend of 10 yuan (including tax) to all shareholders for every 10 shares, and Gree Electric will distribute a cash dividend of more than 5.5 billion yuan. According to the reporter of Beijing Youth Daily, not many domestic A-share listed companies have achieved medium-term dividends, and large-scale medium-term dividends such as Gree are more rare. According to the current stock price of Gree Electric Appliance, which is less than 40 yuan, the return of the interim dividend is more than 2.5%. It is worth mentioning that the time point of Gree's generous announcement of the dividend plan is just half a month before the general voting of the company's board of directors, so it has also attracted much attention. Gree Electric realized a net profit of more than 7.887 billion yuan (Unaudited) in the first half of 2021. As of June 30, 2021, the company's profit available for distribution to shareholders was more than 59.671 billion yuan (Unaudited). According to the medium-term dividend plan for 2021 announced this time, the company plans to temporarily distribute cash dividends of 10 yuan (including tax) to all shareholders for every 10 shares based on the total number of 5.536 billion shares entitled to profit distribution on February 11, 2022 (the total share capital is 5.914 billion shares, deducting the number of 377 million shares held in the company's repurchase account), without bonus shares or conversion of provident fund into share capital, A total of more than 5.536 billion yuan of cash dividends were distributed. The reporter of Beiqing daily noted that the distribution plan has been adopted by all seven directors above the board of directors held by Gree Electric on February 13. Liu Shuwei, Wang Xiaohua and Xing Ziwen, independent directors of Gree Electric Appliance, have expressed independent opinions on the profit distribution plan, believing that the profit distribution plan is in line with the actual situation of the company, reflects the reasonable return to investors and conforms to the unanimous interests of the company and all shareholders. There is a big background behind Gree's sudden announcement of the medium-term dividend plan this time. Last month, Gree just released a shareholder return plan for the next three years (2022-2024), which has attracted much attention from the outside world. The plan clearly mentioned that the company will carry out profit distribution twice a year from 2022 to 2024, that is, annual profit distribution and medium-term profit distribution; And promised that on the premise that the company's cash flow meets the company's normal operation and long-term development, the company's total annual cumulative cash dividends from 2022 to 2024 will not be less than 50% of the net profit of the year. At present, the 2021 interim dividend plan announced by Gree Electric appliance is completely within the framework of this plan. It is worth mentioning that the time point when Gree Electric announced the dividend plan is also quite sensitive. Because at the end of February, half a month later, Gree Electric will change its board of directors, and Dong Mingzhu will continue to be a candidate for director. According to the proposal on the general election of the board of directors and the nomination of non independent directors issued by Gree Electric on the evening of January 24, Dong Mingzhu, who was born in 1954, is still on the list of candidates for non independent directors of the 12th board of directors of Gree Electric. In this regard, the outside world believes that Dong Mingzhu will be the chairman of Gree Electric Appliance again, which is almost no suspense. This means that Dong Mingzhu, who is 68 years old this year, will be 71 years old if she works for the next three-year board of directors. According to the members of the new board of directors nominated by Gree Electric Appliance, the personnel have changed little, but new faces have been added. Among the candidates for non independent directors, Dong Mingzhu, Zhang Wei, Zhang Jundu and Guo shuzhan are all current members of the board of directors and are nominated for re-election. Deng Xiaobo is the new nominee. He joined Gree Electric Appliance in November 2020 as the vice president and Secretary of the board of directors of the company. Previously, he was the chairman of Shaanxi coal and chemical industry group finance Co., Ltd. The "job hopping" of the chairman of one enterprise to serve as the vice president of another enterprise also attracts the attention of the industry. In terms of independent directors, in addition to the current independent directors Liu Shuwei, Wang Xiaohua and Xing Ziwen, Gree Electric also plans to add an independent director. The newly nominated independent director candidate, Zhang Qiusheng, is currently a professor of the school of economics and management of Beijing Jiaotong University, President of the National Institute of transportation development, and director of the China enterprise merger and reorganization research center. At the same time, he also serves as an independent director of Jinneng holding Shanxi coal Industry Co., Ltd. Due to the increase of one non independent director and one independent director, the new board of directors of Gree will also increase from 7 to 9. According to the reporter of Beiqing daily, the dividend plan of Gree Electric appliance can only be implemented after being deliberated and approved by the general meeting of shareholders. Just last night, Gree Electric again announced that the board of directors of the company had received a letter from the shareholder Zhuhai Gree Group, proposing to submit the dividend plan as an interim proposal to the general meeting of shareholders to be held at the end of this month. (Xinhua News Agency)