Work report of the board of directors in 2021
In 2021, the global covid-19 pneumonia epidemic was still spreading, and the pelagic fishing industry continued to stick to the difficulties. Cnfc Overseas Fisheries Co.Ltd(000798) (hereinafter referred to as "the company"), as a listed company controlled by a central enterprise, in the face of the severe situation, the board of directors of the company has always adhered to the guidance of the thought of socialism with Chinese characteristics in the new era, earnestly implemented the decision-making and deployment of the CPC Central Committee and the State Council, and United and led the management and all employees of the company to make an overall plan for epidemic resistance and production, Strive to do a good job of six stability and six guarantees. During the reporting period, the work of the board of directors of the company is as follows. 1、 Work of the board of directors in 2021
In strict accordance with the company law, the securities law, the Listing Rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of companies listed on the main board of Shenzhen Stock Exchange and other relevant laws and regulations, as well as the provisions of the articles of association, the rules of procedure of the board of directors and other systems, and in the attitude of being responsible to all shareholders, Conscientiously implement the resolutions of the general meeting of shareholders, pay special attention to the interests of minority shareholders, constantly improve the corporate governance mechanism, and constantly strengthen internal control to ensure the standardized operation of the company.
(I) continuous improvement of corporate governance
In 2021, the company held 11 meetings of the board of directors to review 50 proposals including the company's periodic report, general election and the company's non-public offering of a shares. All directors held a serious and diligent attitude to perform their duties, deeply discussed the matters considered at the meeting, and gave full play to the decision-making function of the board of directors on major matters.
During the reporting period, the board of directors of the company convened and held four general meetings of shareholders to consider matters related to the annual report, the change of the board of directors, the company's non-public issuance of A-Shares and other matters.
The company achieved a smooth transition in 2021, the compliance and efficient operation of the board of directors, the board of supervisors and the general meeting of shareholders, and the level of corporate governance continued to improve.
(II) strengthen strategic guidance and promote the implementation of strategy
The board of directors of the company always adheres to strategy leading development. First, further improve the development idea of the company in the 14th five year plan and point out the direction for the development of the company in the next five years. Second, for the traditional fishing business, it is required to focus on scientific and technological empowerment to promote transformation and upgrading; Third, for the processing trade business, it is proposed to focus on the development of China's terminal market and promote transformation and upgrading; Fourth, actively carry out research, provide advice and suggestions for the company, constantly promote the implementation and implementation of the company's strategy, and provide a strong guarantee for the transformation and development of the company.
(III) make every effort to reduce losses and increase profits and maintain stable production and operation
In 2021, the board of directors of the company required to give priority to improving quality and efficiency, reducing losses and increasing profits, go all out to reduce losses and maintain the stability of production and operation. The management is required to take targeted measures. First, for ultra-low temperature projects, the operation rhythm of Atlantic China Welding Consumables Inc(600558) fleet should be reasonably arranged. Second, we should strengthen the sales of fish products, significantly reduce the occupation of working capital and strive to increase sales revenue. Third, we should actively open up new channels and new customers for the sales of low-temperature tuna. By taking various measures, the company has achieved remarkable results in reducing losses and increasing profits.
(IV) strengthen scientific and technological innovation and implement the new development concept
The board of directors of the company attached great importance to science and technology enabled fisheries, implemented the new development concept, and achieved initial results in scientific and technological innovation. First, with the help of the platform of "national offshore fishery Engineering Technology Research Center Cnfc Overseas Fisheries Co.Ltd(000798) " sub center, we will carry out substantive cooperation with colleges and universities and scientific research institutions in the research and development of intelligent fishery and fishing aid equipment. Second, carry out research on the application of intelligent fishery equipment in fishing operations to improve efficiency and reduce costs. Third, the company's "research and development project of tuna longline large drum intelligent fishing machine" was listed as a major research and development project in 2020 and 2021 by the group; "Research and development project of tuna fishery forecast system" is listed as a major research and development project of the group in 2021. Fourth, participated in the "demonstration project of new resources development and comprehensive processing mode of pelagic fishery" in the special project of "blue granary scientific and technological innovation" of the national key R & D plan, and successfully applied to the Ministry of science and technology. Fifth, it was approved to carry out swordfish resources exploration and capture projects in the Southeast The Pacific Securities Co.Ltd(601099) high seas.
(V) strengthen the construction of corporate culture
In 2021, the board of directors of the company combined with the study and education of party history to strengthen the construction of corporate culture and stimulate the confidence of employees. The company vigorously promotes the "four spirits" and praises the advanced deeds emerging in the epidemic era. For example, many overseas employees stick to their posts abroad, work continuously for more than 4 years and fail to return home to reunite with their relatives; This year, many cadres and employees went overseas to take over their jobs; Zhoushan branch suffered a super typhoon, and the members of the leading group were on duty in the typhoon sky to overcome the sudden danger; The Solomon representative office has properly responded to local riots and protected the safety of employees and the company, which has further established the company's clean and positive work culture. In 2021, the Fiji Representative Office of the company was rated as "National worker pioneer" by the all China Federation of trade unions.
(VI) further tighten the information disclosure management system
During the reporting period, the board of directors organized relevant training and further strictly implemented the information disclosure system in accordance with the requirements of the CSRC and Shenzhen Stock Exchange on the preparation criteria of periodic reports and the stock listing rules. While doing a good job in the disclosure of regular reports, the company organized two investor briefings to interpret the annual report data and concerns for the majority of investors. At the same time, the company has also made timely and detailed disclosure of matters that need to be disclosed temporarily, so as to ensure the quality of information disclosure and no false statements, misleading and major omissions, so that the majority of investors can obtain the company's information timely and accurately, so as to better protect the rights and interests of small and medium-sized shareholders.
2、 Future development strategy of the company
The situation facing the company in 2022 is still very severe, and the epidemic prevention and control of overseas projects is still under great pressure. The directors of the company will adhere to the overall planning of the company's development from a strategic perspective, adhere to seeking progress while maintaining stability, and promote the healthy and sustainable development of the company. First, continue to do a solid and meticulous job of epidemic prevention outside China to ensure the stability of the crew. Second, make every effort to control costs and ensure benefits, practice the "three fine" principle of fine, streamlined and capable, and make great efforts to turn losses into profits. Third, make every effort to implement refinancing projects and help the company transform and upgrade. Fourth, further implement the objectives of the three-year action of state-owned enterprise reform to stimulate the development vitality of the company. Fifth, further accelerate the R & D and market development of tuna products in China and explore new business growth points. Sixth, continue to strengthen scientific and technological innovation to enable the development of science and technology enabled companies. Seventh, strengthen work safety and compliance management, attach great importance to risk prevention and control, and provide strong guarantee for the development of the company.
3、 Work plan of the board of directors in 2022
In 2022, the board of directors will focus on the following tasks:
First, further optimize the corporate governance structure, improve the company's compliance management system, promote the implementation of the company's decisions and arrangements, build an efficient communication and decision-making mechanism, and improve the work efficiency and quality of the board of directors.
Second, continue to improve the ability of directors and senior executives to perform their duties, actively organize and participate in various trainings, deeply study various newly issued laws and regulations, and further improve their compliance awareness, self-discipline awareness and business ability, so as to continuously improve the scientificity and standardization of directors and senior executives' decisions and ensure the sustainable development of the company.
Third, continue to perform the obligation of information disclosure in strict accordance with relevant laws and regulations, do a good job in information disclosure and investor relations management.
The board of directors has always regarded benchmarking first-class fishery enterprises, improving governance level, improving enterprise efficiency and actively rewarding shareholders as the starting point and foothold of all work. In 2022, the board of directors will lead the company to find new opportunities in the crisis, open a new situation in the changing situation, take reform as the main line, Party construction as the guide, innovation driven development, reform enabled development, and strive to give back the trust of all shareholders with good performance.
Cnfc Overseas Fisheries Co.Ltd(000798) board of directors
February 9, 2022
