Sichuan Chuantou Energy Co.Ltd(600674) the first extraordinary general meeting of shareholders in 2022
Conference materials
February 2022
The first extraordinary general meeting of shareholders in 2022
Proposal report
Report on the proposal of the controlling shareholder Sichuan investment group to extend the shareholding increase plan, shareholders:
According to the shareholding increase plan disclosed by the controlling shareholder Sichuan Investment Group Co., Ltd. (hereinafter referred to as "Sichuan Investment Group") on January 16, 2021 (see announcement on completion of shareholding increase plan of controlling shareholders and pre disclosure of new shareholding increase Plan No. 2021-005 for details), Sichuan Investment Group plans to, Choose the opportunity to increase Sichuan Chuantou Energy Co.Ltd(600674) shares with its own or self-held funds through the securities trading system of Shanghai Stock Exchange, and the cumulative increase proportion shall not be less than 0.5% of the total share capital. During the implementation of the above share increase plan, Sichuan investment group was affected by the sensitive period of Sichuan Chuantou Energy Co.Ltd(600674) planning to acquire 20% equity of Jialing River Tingzikou Water Conservancy and Hydropower Development Co., Ltd. held by Sichuan Investment Group, the disclosure window period of periodic reports and holidays, and the effective time for implementing the share increase was greatly shortened. This share increase plan was not completed within the original time limit. Sichuan investment group actually increased its holdings of Sichuan Chuantou Energy Co.Ltd(600674) shares by 1377471 shares through the centralized bidding trading system of Shanghai stock exchange during the above-mentioned period.
On January 19, 2022, the company disclosed the announcement on the progress of share increase and the extension of share increase plan of the company's controlling shareholders (No. 2022-005). Based on the confidence in the future development of the listed company Sichuan Chuantou Energy Co.Ltd(600674) , Sichuan Investment Group continued to implement the share increase plan in good faith to protect the interests of minority shareholders, Sichuan Investment Group decided to extend the performance period of the share increase plan for 12 months (i.e. from January 18, 2022 to January 17, 2023).
According to the provisions of the guidelines for the supervision of listed companies No. 4 - commitments of listed companies and their related parties, the extension of the shareholding increase plan belongs to the change of commitment, which needs to be submitted to the Sichuan Chuantou Energy Co.Ltd(600674) general meeting of shareholders for deliberation.
The matter is a related party transaction. The related shareholders Sichuan Investment Group Co., Ltd. and Sichuan Chuantou Emei ferroalloy (Group) Co., Ltd. are requested to abstain from voting.
Please consider it.
February 15, 2022
