Securities code: 600362 securities abbreviation: Jiangxi Copper Company Limited(600362) Announcement No.: pro 2022-006 bond Code: 143304 bond abbreviation: 17 Jiangxi Copper 01
Bond Code: 185088 bond abbreviation: 21 Jiangxi Copper 01
Jiangxi Copper Company Limited(600362)
Announcement on the resolution of the fourth meeting of the ninth board of supervisors
The company and all members of the board of supervisors guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.
The fourth meeting of the ninth board of supervisors of Jiangxi Copper Company Limited(600362) (hereinafter referred to as the company) was held by written signature on February 22, 2022. Five supervisors of the company participated in the meeting. The meeting was held in accordance with the company law of the people’s Republic of China, relevant laws and regulations and the Jiangxi Copper Company Limited(600362) articles of Association (hereinafter referred to as the articles of association).
After deliberation by all five supervisors, the following resolutions were adopted:
1、 The Jiangxi Copper Company Limited(600362) proposal on planning the spin off and listing of holding subsidiaries was deliberated and adopted
In order to promote the common development of the business of the company and its holding subsidiary Jiangxi Jiangxi Jiangxi Jiangxi Copper Yates copper foil Co., Ltd. (hereinafter referred to as “Jiangxi copper foil”), expand and strengthen the copper foil business, enhance the core competitiveness of the company and its holding subsidiaries, and strengthen the market advantages of the company’s businesses in all sectors, According to the policy spirit of the China Securities Regulatory Commission on the rules for the spin off of listed companies (for Trial Implementation), plan the spin off and listing of Jiangxi copper foil, the holding subsidiary of the company, and authorize the company and the management of Jiangxi copper foil to start the preliminary preparations for listing.
After careful review, the board of supervisors of the company believes that the company’s planning for the spin off and listing of Jiangxi copper foil is in line with the overall strategic layout of the company, can effectively promote the common development of the company and Jiangxi copper foil, the deliberation procedures are legal and compliant, and there is no situation that damages the interests of shareholders and minority shareholders of the company. After the spin off, the company will still maintain the control over Jiangxi copper foil, It will not have a material impact on the continuous operation of other business segments of the company, and will not damage the independent listing status and sustainable profitability of the company. It is agreed that the company will start the preparatory work for the spin off and listing of Jiangxi copper foil.
Voting results: 5 in favor, 0 against and 0 abstention.
It is hereby announced.
Jiangxi Copper Company Limited(600362)
Board of supervisors
February 23, 2022
