Securities code: 002472 securities abbreviation: Zhejiang Shuanghuan Driveline Co.Ltd(002472) Announcement No.: 2022-007 Zhejiang Shuanghuan Driveline Co.Ltd(002472)
Announcement on the resolution of the 5th meeting of the 6th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of directors
The notice of the fifth meeting of the sixth board of directors of Zhejiang Shuanghuan Driveline Co.Ltd(002472) (hereinafter referred to as “the company”) was delivered by telephone and e-mail on January 29, 2022. The meeting was held by means of communication on February 16, 2022. Nine directors shall attend the meeting and nine directors shall attend the meeting in person. The meeting was presided over by Mr. Wu Changhong, chairman of the board of directors. The convening procedures of the meeting were in line with the relevant provisions of the company law and the articles of association. 2、 Deliberations of the board meeting
1. The proposal on foreign investment and establishment of joint ventures was deliberated and adopted
Voting results: 9 in favor, 0 against and 0 abstention.
It is agreed that the company will sign a cooperation agreement with Nanjing chuangsa consulting and planning Co., Ltd. and its controlling shareholder Feng Chuang, and the company will jointly invest with Nanjing chuangsa consulting and planning Co., Ltd. to establish a joint venture Jiangsu huanou transmission equipment Co., Ltd. (tentative name, subject to industrial and commercial registration). The registered capital of the joint venture is RMB 200 million. Among them, the company invested 180 million yuan with its own funds, accounting for 90% of the registered capital of the joint venture; Nanjing chuangsa consulting and planning Co., Ltd. invested 20 million yuan with its own funds, accounting for 10% of the registered capital of the joint venture.
For details of the announcement on foreign investment and establishment of joint ventures, please refer to the securities times, China Securities News, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) on February 17, 2022.
2. The proposal on foreign investment and establishment of wholly-owned subsidiaries was deliberated and adopted
Voting results: 9 in favor, 0 against and 0 abstention.
It is agreed that the company will invest 50 million yuan with its own capital to establish a wholly-owned subsidiary, Zhejiang Huanhuan Technology Co., Ltd. (tentative name, subject to industrial and commercial registration).
The specific contents of the announcement on foreign investment and establishment of wholly-owned subsidiaries are detailed in the securities times, China Securities Journal, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN) on February 17, 2022.
It is hereby announced.
Zhejiang Shuanghuan Driveline Co.Ltd(002472) board of directors February 16, 2022
