Jiangsu Sunshine (600220) Annual:2018 Rights Allocation Announcement

Jiangsu sunshine Limited by Share Ltd 2018 annual interest distribution announcement

Important note:

Share distribution ratio?

A shares cash dividend of 0.03 yuan per share

Related dates

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Stock class

Differentiation bonus: whether or not?

(1) the date and date of the general meeting of shareholders through the allocation of plans.

The profit distribution plan was considered and approved by the company's annual general meeting of shareholders in 2018 May 15, 2019.

Two. Allocation plan

1. annual distribution: 2. allocation in 2018:

After the closing of the Shanghai stock exchange in the afternoon of the day of stock registration, all shareholders of the company are registered in the Shanghai branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "China settlement Shanghai branch").

3. allocation scheme:

The profit distribution is based on the total share capital of 1783340326 shares before the implementation of the scheme, and the cash dividend is 0.03 yuan (including tax) per share. The total cash dividend is 53500209.78 yuan.

Three. Related dates

Four, the allocation of implementation measures

1. implementation measures

(1) the dividends of the tradable shares under the unlimited sale conditions are entrusted to the Shanghai branch of the China Clearing Company, and the shareholders of the Shanghai stock exchange have been registered on the stock registration day after the closing of the Shanghai stock exchange through their capital clearing system.

The investor who has made the designated paction may receive the cash bonus at the designated securities business department on the day of bonus payment, and the dividends of the shareholders who have not made the designated paction are temporarily held by the Shanghai branch of the China Clearing Company.

(2) the distribution of bonus shares or the pfer of additional capital stock by the Shanghai branch of the China Clearing Company shall be directly counted into the shareholders' accounts in proportion to the number of shareholders registered on the stock exchange day after the closing date of the stock registration date of the Shanghai stock exchange.

2. self distributing objects

The cash dividends of shareholders Jiangsu Sunshine Group Co., Ltd., Chen Lifen, Yu Qinfen and Sun Ningling are directly issued by the company.

3. deduction of tax (1) for natural shareholders and securities investment funds holding tradable shares with unlimited selling conditions, according to the notice on issues related to the implementation of the dividend policy on the dividend payment of listed companies (fiscal and tax [2012]85 number) and the notice on the issue of individual income tax policies on the dividend of listed companies (fiscal and taxation [2015]101), the dividend income is temporarily exempt from personal income tax when the holding period is more than 1 years. The cash dividend actually distributed is RMB 0.03 yuan per share; the duration of holding shares is less than 1 years (including 1 years), and the dividend payment is temporarily withheld from personal income tax.

The cash dividend actually paid is RMB 0.03 yuan per share.

When an individual or a securities investment fund pfers shares after the stock registration date, the Shanghai branch of the China Clearing Company calculates the actual amount of tax payable according to its shareholding period, and is deducted from the capital account of the individual and the securities investment company by the stock trusteeship institution such as the securities company, and is pferred to the Shanghai branch of China settlement. The Shanghai branch of the China settlement company pays the company within 5 working days of the month, and the company shall declare it to the competent tax authority within the statutory declaration period of the month when the tax is received.

The actual tax burden is: the period of holding shares is less than 1 months (including 1 months). The dividend income from the dividends is fully included in the taxable income and the actual tax burden is 20%. The holding period is from 1 months to 1 years (including 1 years), and the tax is reduced by 50% to the taxable income and the actual tax burden is 10%. When the holding period is over 1 years, the dividend income is temporarily exempted from personal income tax.

(2) for qualified foreign institutional investors (QFII) holding shares of the company, according to the stipulation of the notice on the payment of dividends, dividends and interest withholding enterprise income tax to QFII by the Chinese resident enterprises (the state tax letter [2009] 47], the enterprise income tax is withheld in accordance with the 10% tax rate, and the cash dividends paid after the actual tax are RMB 0.027 yuan per share.

If the relevant shareholders consider that the dividends and bonus income they need shall be treated by any tax agreement (arrangement), the shareholders may apply to the competent tax authorities in accordance with the regulations after obtaining dividends and dividends.

If such shareholders require the company to provide certificates of withholding tax payment, the relevant documents will be provided to the company within 10 working days from the date of distribution of the share registration date (a letter from the company that provides the withholding tax payment certificate, a copy of the stock account card, and a copy of the securities investment business license of QFII).

The original part of the relevant power of attorney and the valid proof of the trustee.

(3) for Hongkong stock exchange investors (including enterprises and individuals) to invest in Shanghai securities Exchange Company A shares ("Shanghai Stock Exchange"), dividends will be paid by the company through the Shanghai branch of the Hong Kong Stock Exchange under the nominal holder's account.

According to the relevant regulations of the Ministry of finance, the State Administration of Taxation and the securities and Futures Commission on the taxation policy for the pilot exchange trading mechanism between Shanghai and Hong Kong stock market (fiscal and taxation [2014]81), the company withheld the income tax at the rate of 10%, and the actual cash dividend was 0.027 yuan per share after tax.

(4) for other institutional investors and corporate shareholders, the company will not withhold the income tax. Taxpayers will decide whether to pay the enterprise income tax locally according to the tax law. The company actually distributes the cash dividend to RMB 0.03 yuan per share before tax.

Five. Related consultation methods

If there is any doubt about the allocation of rights and interests, please contact the following contact:

Contact Department: company securities department telephone number: 0510-86121688

Notice hereby.

Jiangsu sunshine Limited by Share Ltd board of directors

June 5, 2019