Securities code: 600321 securities abbreviation: Rightway Holdings Co.Ltd(600321) No.: 2022-010 Rightway Holdings Co.Ltd(600321)
Announcement of resolutions of the 27th meeting of the 10th 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 notice of the 27th meeting of the 10th board of directors of Rightway Holdings Co.Ltd(600321) (hereinafter referred to as “the company”) was sent out in the form of e-mail and telephone on February 18, 2022. The meeting was held in the company’s conference room on February 21, 2022 in the combination of on-site voting and communication voting. The meeting was convened and presided over by Mr. He Yanlong, chairman of the board. The meeting should be attended by 9 directors and actually 9 directors. The convening and voting procedures of the meeting comply with the relevant provisions of the company law and the articles of association, and the resolutions made are legal and effective.
1、 Deliberations of the board meeting
After full discussion by the directors attending the meeting, the following proposals were considered and passed and a resolution was formed:
(I) deliberated and passed the proposal on terminating the repurchase of shares of the company
In order to ensure the company’s daily sustainable operation ability, it is agreed that the company will terminate the repurchase of the company’s shares in advance, give priority to the use of limited funds for daily operating expenses, rigid debt repayment and other matters related to maintaining the stability of daily operation. The termination of the repurchase of the company’s shares will not have a significant impact on the company’s finance and operation, and will not damage the interests of the company and all shareholders, especially minority shareholders, and will not have an adverse impact on the company’s normal production and operation.
For details, please refer to the company’s disclosure in China Securities News, Shanghai Securities News, securities times, securities daily and the website of Shanghai Stock Exchange on February 22, 2022（ http://www.sse.com.cn./ ）Announcement on termination of repurchase of shares of the company and implementation results of repurchase (Announcement No.: 2022-011).
Xie Simin, Wu Liansheng and Lin Zhongzhi, the independent directors of the company, expressed their independent opinions on the proposal. See the company’s website on the same day in Shanghai stock exchange for details（ http://www.sse.com.cn./ ）Relevant announcements of disclosure.
Voting result: 9 affirmative votes; No negative vote; There were no abstentions.
2、 Documents for future reference
1. Resolution of the 27th meeting of the 10th board of directors,
2. Independent opinions of independent directors on matters related to the 27th meeting of the 10th board of directors.
It is hereby announced.
Rightway Holdings Co.Ltd(600321)
Board of directors
February 22, 2022
