Securities code: 000673 securities abbreviation: * ST contemporary Announcement No.: 2022-010 Lead Eastern Investment Co.Ltd(000673) about the proposed director and supervisor of the company
Announcement on purchasing liability insurance for and senior managers
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.
Lead Eastern Investment Co.Ltd(000673) (hereinafter referred to as "the company") held the 34th meeting of the 8th board of directors and the 25th meeting of the 8th board of supervisors on March 21, 2022, and deliberated and adopted the proposal on purchasing liability insurance for directors, supervisors and senior managers of the company. In order to further improve the risk management system, reduce the operational risk of the company and promote the directors, supervisors and senior managers of the company to fully exercise their rights and perform their duties, the company plans to purchase liability insurance for all directors, supervisors and senior managers. The details are as follows:
1、 Liability insurance scheme
1. Applicant: Lead Eastern Investment Co.Ltd(000673)
2. Insured: all directors, supervisors, senior managers and other relevant responsible persons
3. Limit of indemnity: subject to the insurance contract finally signed
4. Insurance period: 12 months (it can be renewed or re insured every year)
5. Premium expenditure: subject to the insurance contract finally signed
In order to improve the efficiency of decision-making, the board of directors of the company plans to request the general meeting of shareholders to authorize the management of the company to handle matters related to the purchase of liability insurance (including but not limited to determining the insurance premium, hiring an insurance brokerage company, signing relevant legal documents and handling relevant insurance matters), as well as renewal or re insurance at or before the expiration of the liability insurance contract in the future.
This proposal shall be submitted to the general meeting of shareholders of the company for deliberation and approval.
2、 Opinions of independent directors
The company purchases liability insurance for all directors, supervisors, senior managers and other relevant responsible persons, which is conducive to promoting the compliance performance of directors, supervisors, senior managers and other relevant responsible persons and reducing the possible risks and losses during the performance of their duties; It helps to improve the company's risk management system and protect the rights and interests of the company and investors. Its decision-making process is legal and effective, and there is no situation that damages the interests of shareholders, especially the interests of small and medium-sized investors. We agree to purchase liability insurance for all directors, supervisors, senior managers and other relevant responsible persons, and agree to submit it to the general meeting of shareholders of the company for deliberation.
3、 Opinions of the board of supervisors
The company plans to purchase liability insurance for all directors, supervisors, senior managers and other relevant responsible persons in accordance with the standards for the governance of listed companies and other relevant provisions of the CSRC, which will help promote the compliance performance of directors, supervisors, senior managers and other relevant responsible persons and reduce the possible risks and losses during the performance of their duties; It helps to improve the company's risk management system and protect the rights and interests of the company and investors, without damaging the interests of shareholders, especially the interests of small and medium-sized investors.
It is hereby announced.
Lead Eastern Investment Co.Ltd(000673) board of directors
February 21, 2022
