Securities code: 002723 securities abbreviation: Kennede Electronics Mfg.Co.Ltd(002723) announcement Code: 2022-021 Kennede Electronics Mfg.Co.Ltd(002723)
Announcement on the resolutions of the 29th meeting of the 5th 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 29th meeting of the 5th board of directors of Kennede Electronics Mfg.Co.Ltd(002723) (hereinafter referred to as “the company” or “the company”) was notified in writing and communication on February 11, 2022, and was held in the conference room on the sixth floor, No. 21, Jintong Road, Tangxia Town, Pengjiang district, Jiangmen City at 14:00 p.m. on February 16, 2022. There are 9 directors who should attend the meeting, 9 directors who actually attend the meeting, and the supervisors and senior managers of the company attend the meeting as nonvoting delegates. The meeting was presided over by Mr. Yang Jianjia, chairman of the board of directors. The meeting was held in accordance with the company law of the people’s Republic of China and other laws and regulations, departmental rules, normative documents, the articles of association and the rules of procedure of the board of directors of the company, and was legal and effective.
2、 Deliberations of the board meeting
The proposal on using some idle raised funds for cash management was deliberated and adopted
According to the actual implementation progress of the raised investment project, in order to improve the efficiency of fund use, the company and its subsidiaries plan to use some idle raised funds of no more than 300 million yuan for cash management without affecting the normal progress of the raised capital investment project. The above quota can be used circularly and rollably within 12 months from the date of approval by the board of directors. This time, some idle funds were used for cash management, and the purpose of the raised funds was not changed in a disguised manner, which did not affect the normal progress of the investment projects of the raised funds.
Voting results: 9 in favor, 0 against and 0 abstention. Voting result: adopted.
The announcement on the use of some idle raised funds for cash management and this resolution were published on the same day on the designated information disclosure media China Securities News, securities times, Securities Daily, Shanghai Securities News and cninfo（ http://cninfo.com.cn. ）Come on.
3、 Documents for future reference
Resolution of the 29th meeting of the 5th board of directors of the company
It is hereby announced.
Kennede Electronics Mfg.Co.Ltd(002723) board of directors February 17, 2022
