The 2006 annual report, which was disclosed today by Baosteel (10.24,-0.11,-1.06%), showed that the company realized a net profit of 13.01 billion yuan, earning 0.74 yuan per share, and intended to distribute a cash dividend of 6.13 billion yuan. 2006, Baosteel shares sales, revenue, profits are a record high. Commodity sales volume of 21.405 million tons, an increase of 14%, to achieve sales revenue of 157.79 billion yuan, the growth of 24.6% per cent, the total profit of 19.01 billion yuan, the increase of 3.8%, the realization of 13.01 billion yuan, an increase of 2.7%, the realization of 0.74 yuan per share, the year-on-year increase of 2.78%. Baosteel shares said that in order to achieve the company's long-term, sustainable development goals, and better implementation of the "shareholder value maximization" Business philosophy, 2006 company profit distribution to be confirmed in the dividend announcement of the registration date of all shareholders to distribute cash dividend of 6.1292 billion yuan, equivalent to 10 shares to distribute 3.5 yuan (including tax). Baosteel's board of directors, while reviewing the company's annual report, also considered the adoption of Xu resigned from the company's chairman, directors and other positions on the company's board of directors, the election of Baojun as the company's third board chairman; Meanwhile, Baojun resigned as general manager of the company, the Board elected Vozhenge as general manager He is currently deputy general manager of Baosteel and general manager of Baosteel Branch. Baosteel has also revised its stake in the equity incentive scheme, which has attracted market attention. The main points of the amendment are four, one is the original incentive plan to determine the company's performance target value of the parameter "R2", from "performance year, the People's Bank of China issued a one-year benchmark interest rate for renminbi loans" modified to "the performance year of the People's Bank of China announced five-year The second is to adjust the amount of the stock right incentive measures: the basis from the "performance of the annual company net profit" modified to "performance of the annual company excess net profit"; The ratio is determined by "within the range of no more than 5%" to "be determined within the range of not exceeding 20%"; the third is to unlock the conditions on the basis of market value assessment, Increase "Incentive object individual performance appraisal should be at least qualified"; four is to adjust the market value assessment requirements and locking arrangements, for each phase of the plan three batches of restrictive stocks to be unlocked, respectively, set the market value assessment year (that is, t+2, buy-in and t+4 years), each batch of stocks in the market value of the examination after the target is unlocked, the assessment of Non-compliance is After revision, the performance requirement of Baosteel's equity incentive plan is stricter, the unlocking is more rigorous, and the principle of matching incentive and constraint is fully embodied.
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