Jordan Sports announced shareholder dividend return planning terms

Return to the old and new shareholders'    jordan shoes for sale  equity dividends in order to clear this issue, further refinement of the articles of association on the terms of the dividend distribution, to increase the dividend distribution policy of transparency and operability to enable shareholders to supervise the company's operations and distribution, formulated by the board of directors of the issuer "Jordan Sports Corporation shareholders dividend return on plan, specific points are as follows:
    Shareholders' return planning considerations: the company will focus on the long-term and sustainable development, considering the actual situation of enterprises, development goals, the establishment of sustained, steady investors, the scientific return on plan and mechanisms and institutional arrangements to make a dividend distribution to ensure the continuity and stability of the dividend distribution policy.
    Return on shareholders planning principles: the return on shareholders plan to fully consider and listen to shareholders, especially minority shareholders of the requirements and wishes, insist on cash dividends under the premise of ensuring the development of normal operations, mainly the fundamental principle of annual cash dividend lower than the current 20% of the profits available for distribution. If revenue growth is rapid, and the Board considers that the company's stock price and the size of the company's share capital does not match, you can meet the above cash dividend I have proposed and implemented the stock dividend distribution plan.
    Shareholder returns planning cycle: at least once every three years to re-review of a "return on shareholders' dividend plan" to make appropriate and necessary changes to the dividend distribution policy of the company with immediate effect, shareholder return plan to determine the time by the Board of Directors with specific operating data and take full account of profit regulation Jordan sports
Mode, cash flow position, the development of the stage and the current funding needs, develop annual or interim dividend program.
    Shareholder dividend return on plan :2011-2013,   discount jordan shoes    2011-2013, is a company seeking listing, an important period to achieve leapfrog development goals, the period with the generous help of the shareholders are inseparable. To this end, the plan will provide full return on investment for shareholders.
    In 2011-2013, the company reserved in full and a statutory provident fund surplus reserve fund after the distribution of dividends of not less than 20% of the year to achieve the profit available for distribution to shareholders in cash annually. If in 2011-2013, the company net profit to grow, the company's annual cash dividend amount will increase by at least consistent with the net profit growth rate. Ensure that the full cash dividend, the company may separately increase the stock dividend distribution and accumulation fund. After the end of each fiscal year by the Board of Directors proposed a dividend motion, and delivered to the general meeting of shareholders to vote in the form of Internet voting. The company accepted the advice and supervision of all shareholders of the company's dividend.
    Shareholders a reasonable return on plan analysis
    The Company recognizes the Company's shareholders on the company's investment is from the trust company's future development. The company not only to use the funds invested by the shareholders, but also to better return on shareholders' investment and trust. Therefore, the dividend return on plan, a clear 20% of the annual cash dividend allocation of not less than the current to achieve the profit available for distribution.
    The arrangement is in line with the company's operating status and development planning: the company belonging to the sportswear industry, tcheap jordan shoes  he industry's strong profitability, cash flow faster than the company itself has strong profitability and capital management capabilities, sufficient means to pay shareholder dividends . Company itself asset-liability ratio is reasonable, the bank line of credit, production and operation is more robust, and the daily accumulation of credit support and raise funds to get sufficient quantities of development funds. In the foreseeable future, the company does not appear the case in need of other excess funds, therefore, in full assurance of the cash dividend to shareholders.
    The same time, the company executives and more for shareholders of the Company, dividends dividend is an important part of its work and a reasonable return of investment based on this, business management and shareholders objectives, enhance the company's operating performance, strictly follow the Dividend Distribution policy.
    Listing of the Company to raise funds to further enhance the production capacity, expand the marketing network, and enhance the ability of R & D to further enhance the level of corporate profits, create more benefits for our shareholders, and shareholders share growth and income.