When will the annual report be implemented after the distribution plan is announced?

After the distribution plan is announced, a general meeting of shareholders will be held to vote. If it is passed, the materials shall be submitted to the exchange and the securities registration and clearing company. The two companies had better notify the listed companies to implement it on the same day.

The CSRC stipulates that the annual report and profit distribution plan should be disclosed before a certain point.

The annual report is the audited accounting result. Generally, a general meeting of shareholders will be held after the release, and then the proposed distribution plan will be released. The proposed distribution plan can only be implemented after it is approved by the shareholders' meeting.

It should be noted that there are differences between foreign countries and domestic countries.

In foreign countries, China's fiscal year system is based on calendar years, from 1 in October to 1 in February and then to 3 1.

The fiscal year system can select any month of the year as the beginning of the fiscal year.