SAIC MOTOR CORPORATION LIMITED Annual Report 2016
SAIC MOTOR ANNUAL REPORT 2016 Company Code:600104 Abbreviation of Company: SAIC SAIC MOTOR CORPORATION LIMITED Annual Report 2016 Important Note 1. Board of directors (the "Board"), board of supervisors, directors, supervisors and senior management of the Company certify that this report does not contain any false or misleading statements or material omissions and are jointly and severally liable for the authenticity, accuracy and integrity of the content. 2. All directors attended Board meetings. 3. Deloitte Touche Tohmatsu Certified Public Accountants LLP issued standard unqualified audit report for the Company. 4. Mr. Chen Hong, Chairman of the Board, Mr. Wei Yong, the chief financial officer, and Ms. Gu Xiao Qiong. Head of Accounting Department, certify the authenticity, accuracy and integrity of the financial statements contained in the annual report of the current year. 5. Plan of profit distribution or capital reserve capitalization approved by the Board The Company plans to distribute cash dividends of RMB 16.50 (inclusive of tax) per 10 shares, amounting to RMB 19,277,711,252.25 in total based on total shares of 11,683,461,365. The Company has no plan of capitalization of capital reserve this year. The cash dividend distribution for the recent three years accumulates to RMB48,605,718,485.39 in total (including the year of 2016). 6. Risk statement of forward-looking description √Applicable □N/A The forward-looking description on future plan and development strategy in this report does not constitute substantive commitment to investors. Please note the investment risk. 7. Does the situation exist where the controlling shareholders and their related parties occupy the funds of the Company for non-operational use? No.
[Show full text]