Securities code: 601669 stock abbreviation: Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) Announcement No.: pro 2022-018 Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669)
Announcement of the resolution of the 53rd meeting of the third board of directors
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. The 53rd meeting of the third board of directors of Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) (hereinafter referred to as "the company") was held in Haifu international building, 22 Chegongzhuang West Road, Haidian District, Beijing by means of on-site and video conference on February 15, 2022. The notice of the meeting has been sent to each director by e-mail and in writing. 8 directors should be present at this meeting, and 8 directors actually present. The Secretary of the board of directors, all supervisors and some senior managers of the company attended the meeting as nonvoting delegates. The meeting was held in accordance with the company law of the people's Republic of China and other laws and regulations, normative documents and the provisions of the Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) articles of association.
The meeting was presided over by Chairman Ding Yanzhang. After full deliberation and effective voting by the participating directors, the following proposals were considered and adopted:
1、 The proposal on the joint venture of China Power Construction Ecological Environment Group Co., Ltd. to invest in the construction of Lingkun global ecological environment oriented industry city integration development project in the national marine economic demonstration zone was deliberated and adopted.
The board of directors of the company agreed that the holding subsidiaries of the company, China Power Construction Ecological Environment Group Co., Ltd., Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) Group East China survey, design and Research Institute Co., Ltd., Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) Real Estate Group Co., Ltd., China water resources and hydropower seventh Engineering Bureau Co., Ltd., China water resources and hydropower ninth Engineering Bureau Co., Ltd. and Wenzhou oujiangkou development and Construction Investment Group Co., Ltd., were 82%, 1% and 5% 1%, 1% and 10% of the shareholding ratio to form a project company and invest in the construction of the whole area ecological environment oriented industry city integration development project of Lingkun national marine economic demonstration zone. The total investment of the project is about 32.545 billion yuan and the project capital is about 6.509 billion yuan.
Voting: 8 in favor, 0 abstention and 0 against.
2、 The proposal on Amending the > was deliberated and adopted. Voting: 8 in favor, 0 abstention and 0 against.
Please refer to Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) announcement on Amending the articles of association and its annexes published at the same time with this announcement for relevant contents.
This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation and approval.
3、 The proposal on Amending the rules of procedure of the general meeting of shareholders was deliberated and adopted.
No votes, 8 abstentions.
Please refer to Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) announcement on Amending the articles of association and its annexes published at the same time with this announcement for specific amendments.
This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation and approval.
4、 The proposal on Amending the rules of procedure of the board of directors was considered and adopted.
Voting: 8 in favor, 0 abstention and 0 against.
Please refer to Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) announcement on Amending the articles of association and its annexes published at the same time with this announcement for specific amendments.
This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation and approval.
5、 The proposal on Amending the rules of procedure of the strategy committee of the board of directors was considered and adopted.
Voting: 8 in favor, 0 abstention and 0 against.
6、 The proposal on Amending the rules of procedure of the Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) board of directors' personnel remuneration and assessment committee was considered and adopted.
Voting: 8 in favor, 0 abstention and 0 against.
7、 The proposal on Amending the rules of procedure of the audit and Risk Management Committee of the board of directors was considered and adopted.
Voting: 8 in favor, 0 abstention and 0 against.
8、 The proposal on examining and approving the qualification of Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) Municipal Construction Group Co., Ltd. and other subsidiaries for financial derivatives business was reviewed and approved.
Voting: 8 in favor, 0 abstention and 0 against.
The above proposals 2, 3 and 4 need to be submitted to the general meeting of shareholders for deliberation and approval.
It is hereby announced.
Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) board of directors February 17, 2002
