Securities code: 688669 securities abbreviation: Polyrocks Chemical Co.Ltd(688669) Announcement No.: 2022-009 Polyrocks Chemical Co.Ltd(688669)
Announcement on the progress of foreign investment in the establishment of subsidiaries and the development of new businesses
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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Overview of foreign investment
Polyrocks Chemical Co.Ltd(688669) (hereinafter referred to as “the company”) in order to promote the implementation of the company’s development strategic plan, improve the layout of the company’s green recycling packaging industry and improve the poly stone recycling industry system. After the deliberation and approval of the 35th meeting of the 5th board of directors and the 21st Meeting of the 5th board of supervisors, Guangdong Jushi Leasing Co., Ltd., a subsidiary of the company, plans to establish a wholly-owned subsidiary, poly Chain Operation Co., Ltd. (tentative name, and the final name shall be subject to the name approved by the administrative department for Industry and Commerce), to build green packaging product R & D, leasing Recycling operation system and recycling network, and develop operation management information system and Internet of things traceability monitoring platform to provide customers with leasing and recycling operation services of environmental protection intelligent turnover boxes and other products. For details, see the company’s disclosure on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 11, 2022 Announcement on foreign investment and establishment of subsidiaries and development of new business (Announcement No.: 2022-003)
2、 Progress of foreign investment
On February 7, 2022, the wholly-owned subsidiary established by Guangdong Jushi Leasing Co., Ltd., a subsidiary of the company, received the business license issued by Guangzhou market supervision administration. The basic information of its registration is as follows:
Company name: Guangdong Jushi Operation Management Co., Ltd
Registered capital: RMB 50 million
Type: limited liability company (sole proprietorship of legal person)
Legal representative: Wu Yang
Date of establishment: January 28, 2022
Business term: January 28, 2022 to long term
Address: room 909, building D, Guangzhou Airport Center, No. 1, Lugang 3rd Street, Huadu District, Guangzhou (Airport Huadu). Business scope: business services (for specific business items, please log in to the national enterprise credit information publicity system, website: http://www.gsxt.gov.cn./ 。 Projects subject to approval according to law can only be carried out after being approved by relevant departments.)
It is hereby announced.
Polyrocks Chemical Co.Ltd(688669) board of directors February 8, 2022
