Securities code: 600753 securities abbreviation: Fujian Oriental Silver Star Investment Co.Ltd(600753) No.: 2022-008 Fujian Oriental Silver Star Investment Co.Ltd(600753)
Announcement on the resolution of the second meeting of the eighth board of directors
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Meetings of the board of directors
The second meeting of the eighth board of directors of Fujian Oriental Silver Star Investment Co.Ltd(600753) (hereinafter referred to as “the company”) was held on January 28, 2022 by means of on-site combined with communication voting. There were 9 directors who should attend and 9 directors who actually attended. The notice of this meeting was sent to all directors by mail on December 24, 2021. The convening and convening procedures of the meeting comply with the relevant provisions of the company law and the articles of association.
2、 Deliberation and voting at the board meeting
(I) the proposal on large amount provision for bad debts of other receivables was deliberated and adopted
In order to truly and accurately reflect the company’s financial situation and operating results, in accordance with the relevant requirements of the accounting standards for business enterprises and the principle of prudence, the company, based on the current litigation involving the wholly-owned subsidiary Ningbo xinggeng, the results of the court’s property preservation of the defendant, and in combination with the professional judgment of the litigation attorney, It is proposed to withdraw bad debt provision for other receivables of crude oil business, totaling RMB 52.5113 million.
For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement on large amount provision for bad debts of other receivables (Announcement No.: 2022-011).
The independent directors of the company have expressed their agreed independent opinions on this matter.
Voting results: 9 in favor, 0 against and 0 abstention.
This proposal needs to be submitted to the second extraordinary general meeting of shareholders of the company in 2022 for deliberation and voting.
(II) the proposal on the prediction of daily connected transactions in 2022 was deliberated and adopted
According to the needs of the company’s production and operation, the company has estimated the daily related party transactions in 2022: the amount of raw materials to be purchased from Ningxia Weizhong Energy Technology Co., Ltd. and other related parties is expected to be 565 million yuan (accounting for 24.41% of similar businesses), and the amount of goods to be sold to it is expected to be 1130 million yuan (accounting for 48.22% of similar businesses).
For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) Announcement on the forecast of daily connected transactions in 2022 (Announcement No.: 2022-012).
Liang Yanfeng, the related director of this proposal, has avoided voting.
The independent directors of the company have expressed their agreed independent opinions on this matter.
Voting results: 8 in favor, 0 against and 0 abstention.
This proposal needs to be submitted to the second extraordinary general meeting of shareholders of the company in 2022 for deliberation and voting.
(III) the proposal on convening the second extraordinary general meeting of shareholders in 2022 was deliberated and adopted
The board of directors agreed to convene the second extraordinary general meeting of shareholders of the company in 2022. The date, place, agenda and other relevant matters of the general meeting of shareholders are detailed in the website of Shanghai Stock Exchange (www.sse. Com. CN) on the same day Notice on convening the second extraordinary general meeting of shareholders in 2022 (Announcement No.: 2022-013)
Voting results: 9 in favor, 0 against and 0 abstention.
It is hereby announced.
Fujian Oriental Silver Star Investment Co.Ltd(600753) board of directors January 29, 2002
