Securities code: 001217 securities abbreviation: Anhui Huaertai Chemical Co.Ltd(001217) Announcement No.: 2022-003 Anhui Huaertai Chemical Co.Ltd(001217)
Announcement on the resolution of the 4th meeting of the 5th board of supervisors
The company and all members of the board of supervisors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
The fourth meeting of the 5th board of supervisors of Anhui Huaertai Chemical Co.Ltd(001217) (hereinafter referred to as “the company”) was held in the conference room of the company in the form of on-site meeting on Tuesday, February 8, 2022. The notice of the meeting was delivered by telephone and email on January 28, 2022. Three supervisors should attend the meeting and three actually attended the meeting. The meeting was presided over by Mr. Wu Australia, chairman of the board of supervisors. The number of attendees, convening, convening procedures and discussion contents of this meeting comply with the relevant provisions of the company law and the articles of association.
2、 Deliberation at the meeting of the board of supervisors
After deliberation, the meeting made the following resolutions:
(I) deliberated and passed the proposal on adjusting the comprehensive credit line of the company’s banks
After review, the board of supervisors believes that in order to ensure the continuity of the company’s Bank credit and better support the expansion of the company’s business, the company adjusted the bank’s comprehensive credit line originally approved to no more than 320 million yuan to no more than 1 million yuan, and applied for loans from the bank or used other business methods to raise funds from the bank within the comprehensive credit line, The business methods under the comprehensive credit include but are not limited to working capital loan, trade financing, bill discount, issuing bank acceptance bill and other businesses. The adjustment of the company’s comprehensive bank credit line is in line with the overall interests of the company and does not have a significant impact on the normal operation of the company.
For details, please refer to the China Securities Daily, China Securities Daily and China Securities Information Daily（ http://www.cn.info.com.cn. ）Announcement on adjusting the comprehensive credit line of corporate banks (Announcement No.: 2022-004).
Voting results: 3 in favor, 0 against and 0 abstention.
The proposal still needs to be submitted to the first extraordinary general meeting of shareholders in 2022 for deliberation.
(II) the proposal on using some idle self owned funds for cash management was deliberated and adopted
After review, the board of supervisors believes that the company’s use of some idle self owned funds with a maximum amount of no more than RMB 500 million (including RMB 500 million) for cash management is implemented on the premise of ensuring that it does not affect the working capital required by the company’s daily operation, the normal turnover of the company’s daily capital and the normal development of the company’s main business. Through appropriate financial investment, we can improve the use efficiency of funds and obtain certain investment income, which is conducive to improving the overall performance level of the company and in line with the interests of all shareholders.
For details, please refer to the China Securities Daily, China Securities Daily and China Securities Information Daily（ http://www.cn.info.com.cn. ）Announcement on using some idle self owned funds for cash management (Announcement No.: 2022-005). Voting results: 3 in favor, 0 against and 0 abstention.
The proposal still needs to be submitted to the first extraordinary general meeting of shareholders in 2022 for deliberation.
(III) the proposal on investment and construction of energy-saving and environmental protection upgrading project for synthetic ammonia gas production was reviewed and approved. The board of supervisors believed that the project was an energy-saving transformation and upgrading project, which adopted advanced entrained flow bed technology, significantly saved energy consumption and more environmentally friendly emissions, effectively improved the energy-saving and environmental protection level of synthetic ammonia plant, extended, supplemented and strengthened the chain for enterprises, and developed new materials Lay a solid foundation for the extension of new energy and other industries and fields. The company is approved to build the energy-saving and environmental protection upgrading and transformation project of synthetic ammonia gas production.
For details, please refer to the China Securities Daily, China Securities Daily and China Securities Information Daily（ http://www.cn.info.com.cn. ）Announcement on investment and construction of energy conservation and environmental protection upgrading and transformation project of synthetic ammonia gas production (Announcement No.: 2022-006).
Voting results: 3 in favor, 0 against and 0 abstention.
The proposal still needs to be submitted to the first extraordinary general meeting of shareholders in 2022 for deliberation.
(IV) the proposal on investing in the construction of the project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine was reviewed and approved. The board of supervisors believed that the project could extend the chain of the company’s basic chemical products, optimize the product structure, expand the company’s strength, improve the company’s scientific and technological content, improve the company’s market competitiveness and promote the long-term and healthy development of the company. It is agreed that the company will build a project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine.
For details, please refer to the China Securities Daily, China Securities Daily and China Securities Information Daily（ http://www.cn.info.com.cn. ）Announcement on investing in the construction of a project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine (Announcement No.: 2022-007).
Voting results: 3 in favor, 0 against and 0 abstention.
The proposal still needs to be submitted to the first extraordinary general meeting of shareholders in 2022 for deliberation.
3、 Documents for future reference
1. Resolution of the Anhui Huaertai Chemical Co.Ltd(001217) 4th meeting of the 5th board of supervisors.
It is hereby announced.
Anhui Huaertai Chemical Co.Ltd(001217) board of supervisors February 10, 2022
