Annual Report 2021

62 SHOUGANG CENTURY HOLDINGS LIMITED 首佳科技製造有限公司 CORPORATE GOVERNANCE REPORT 企業管治報告 內在因素方面，我們會考慮： (i) 本公司的盈利 狀況； (ii) 流動資金狀況和現金流的可用性； (iii) 本公司增長計劃的資本要求，可能需要保留 內部及外部資金及資金撥用； (iv) 本公司的投 資機會； (v) 本公司的借貸能力以抓住外圍或其 他增長機會； (vi) 獲得本公司的附屬公司和聯 營公司股息的能力；及 (vii) 股東對獲得有利可 圖的投資回報的期望從而維持其對本公司的投 資。 外在因素方面，我們會考慮： (i) 股息分派的法 定及監管要求及限制； (ii) 影響本公司支付股息 的能力的合同制約╱債務契約的限制； (iii) 當 前包括中國在內的全球經濟狀況影響可供派發 股息之溢利； (iv) 金融市場的新興趨勢和鋼簾 線業務的商業周期將影響鋼簾線行業的增長和 表現；及 (v) 稅務考慮。 董事會可根據股息政策行使全權的酌情權派發 中期股息，或如董事會認為本公司可供分派之 溢利情況足以派發中期股息。如股本分為各類 不同股份（如適用），則董事除可派發中期股息 予享有派息優先權股份之持有人外，亦可派發 中期股息予遞延股份或非優先股份之持有人。 惟倘於派付股息時，尚有任何優先股股息並未 償付，則不得派發中期股息予遞延或非優先股 份之持有人。 如董事認為可供分派之溢利情況足以派發，則 董事亦可不時派發定額股息。 經股東於股東周年大會上批准，根據經審計的 財務報告得出的上述因素，董事會可於其股東 周年大會上根據股息政策建議應付股東的末期 股息金額。 For internal factors, we will consider the: (i) profitability of the Company; (ii) liquidity position and the availability of free cash flow; (iii) capital requirements for growth plans of the Company which may require funds preservation and internal funds generation, both internal and external; (iv) investment opportunities available with the Company; (v) borrowing capacity of the Company so as to capture any growth opportunities, inorganic or otherwise; (vi) ability to receive dividend from the Company’s subsidiaries and associated companies; and (vii) Shareholder’s expectation of a profitable return on their investment to maintain their investment in the Company. For external factors, we will consider the: (i) statutory and regulatory requirements and restrictions on the dividend distributions; (ii) contractual restrictions/restrictions in debt covenants which affect the Company’s ability to pay dividends; (iii) prevailing economic climate in the global including the PRC that will affect the availability of profits for dividend; (iv) emerging trends in the financial market and business cycle of steel cord business that will affect the growth and performance of the steel cord industry; and (v) taxation consideration. The Board may declare interim dividends at its absolute discretion in line with the dividend policy, or if the Board are justified by the profits of the Company available for distribution. If the share capital is divided into different classes (if applicable), the Directors may pay interim dividends on shares which confer deferred or non-preferred rights with regard to dividend as well as on shares which confer preferential rights with regard to dividend, but no interim dividend shall be paid on shares carrying deferred or non-preferred rights if, at the time of payment, any preferential dividend is in arrears. The Directors may also pay at intervals settled by them any dividend payable at a fixed rate if it appears to them that the profits available for distribution justify the payment. Subject to the approval of the Shareholders at the annual general meeting, the Board may recommend quantum of final dividend payable to the Shareholders at its annual general meeting in line with the dividend policy, based on the aforesaid factors arrived at as per the audited financial statements.