The latest announcement of the super hard core (weapons + diamond complex) of $Zhongbing Red Arrow (SZ000519)$ will be held on May 19, 2022 at the courtyard of Zhongnan Diamond Co., Ltd., No. 1669 Zhongjing North Road, Nanyang City, Henan Province, with the share registration date of May 16, 2022.
There are many matters considered at the annual general meeting of shareholders, mainly in the 2021 annual report, profit distribution plan and management compensation.
Among them, the profit distribution plan is to pay a cash dividend of 0.5 yuan per 10 shares, the profit distribution rate is 43.57%, according to the current stock price (20.84 yuan), the dividend rate is 0.24%, and the dividend yield is still low. In terms of annual reports, net profit increased by 76.77%, it should be said that it is still good, and the operating cash flow has decreased slightly, perhaps because of large scientific research investment.
The company was asked for compensation by investors for this previous letter problem, and it was also recently announced that it was awarded compensation of more than 9 million yuan (shareholders who held shares in August 2017 could participate in each other's private messages). As a large central enterprise and a heavy instrument of the country, the company hopes to do better in the protection of investors' rights and interests in the follow-up.
The general meeting of shareholders is about to be held, and there are the following questions that I hope to communicate with the management at the shareholders' meeting (if you have other questions, you are welcome to leave a message in private message, you can ask for the meeting and provide a detailed report and other attachments):
1. Did the Russo-Ukrainian war have an impact on the company's "special business", whether it was reflected in the order, and how large was the scale?
2. The company's strategic positioning for the cultivated diamond business is to C or to B, and the traditional diamond giants have also increased their investment in the cultivated diamond business.
3. The company's dividend rate has been relatively low, it is recommended to increase the distribution of capital reserve funds into equity capital and undistributed profits to better return shareholders.
The company's various business development prospects are promising, and I hope that the company will achieve good results in 2022!