Anhui Xinbo Aluminum Co.Ltd(003038)
Work report of the board of directors in 2021
In 2021, the board of directors of Anhui Xinbo Aluminum Co.Ltd(003038) (hereinafter referred to as “the company”) strictly followed the provisions of the company law, the securities law, the stock listing rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange and other laws and regulations, the articles of association, the rules of procedure of the board of directors and other rules and regulations, and based on the principle of being responsible to the company and all shareholders, Fulfill their duties and actively carry out the work of the board of directors. Carefully study and deploy the company’s major production and operation matters and development strategy to promote the sustainable, healthy and stable development of the company. The key work report of the board of directors in 2021 is as follows: I. overall situation
In 2021, focusing on the annual business plan and objectives, the company carried out all work in an orderly manner under the leadership of the board of directors, steadily promoted all businesses and achieved great growth in business performance.
(I) operation
In 2021, the company achieved an operating revenue of 2596.5491 million yuan, a year-on-year increase of 101.72%, and a net profit of 121.078 million yuan, a year-on-year increase of 33.01%. The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 108.5152 million yuan, a year-on-year increase of 29.60%.
(II) market development
Since its establishment, the company has been focusing on the aluminum profile and aluminum parts industry. Relying on the advantages of good product quality and efficient response to customer needs, the company has become an aluminum supplier for many large and high-quality customers. At the same time, most of the company’s main customers are leading enterprises in Chinese industries, especially in subdivided industries, The long-term and stable cooperation between the two sides has laid a foundation for the sound development of the company.
In 2021, the company will vigorously explore new energy photovoltaic customers, such as Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd. In 2021, the steady growth of the new energy photovoltaic industry led to the growth of the company’s business scale.
(III) technological innovation
Through years of technological R & D accumulation, the company adheres to independent R & D and has formed a relatively complete technological innovation system suitable for the market trend, which can better industrialize the R & D new products and transform the R & D advantage into competitive advantage. In terms of independent innovation, the company has formulated a strict assessment system and regarded innovative achievements as an important assessment of R & D personnel. In addition to giving very competitive salaries to core technicians in the same industry, the company also set up project bonuses for key projects and timely rewarded the innovative behavior of core technicians.
(IV) cost management
After decades of development, the aluminum profile processing industry has become increasingly competitive. In the medium and high-end product market, price is an important consideration to reflect the market competitiveness. Therefore, on the premise of ensuring the stability of quality and the highest quality, the control ability of production cost has become the key factor of the comprehensive competitiveness of enterprises.
In 2021, the company will continue to scientifically analyze the factors affecting the yield in each stage of the process by collecting the data of the yield in each stage, optimize the process in each stage of the production process together with the R & D center and product technology center, and establish data parameters such as time control, temperature control, frequency control and strength control in each process, Form the operation instructions for each link of each product, require the operators of the production link to operate in strict accordance with the provisions of the instructions, improve the yield of each stage, and optimize the process flow and cost control. At the same time, through the optimization of its own production process and plant layout, the company establishes a process flow suitable for its own equipment and site, shortens the conversion time of each link, improves production efficiency and reduces costs.
2、 Daily work of the board of directors
The board of directors of the company shall perform its duties and work in strict accordance with the company law, the articles of association and the rules of procedure of the board of directors. All directors of the company shall be honest, trustworthy, diligent and conscientious, seriously attend the meetings of the board of directors and the general meeting of shareholders, actively participate in relevant training and be familiar with relevant laws and regulations.
(I) convening of the board of directors
In 2021, the company held 11 meetings of the board of directors, and the convening and voting procedures of the meetings were in line with the company law, the articles of association and other relevant provisions. The details of the meeting are as follows:
Date of meeting name of meeting deliberation result of proposal
1. 2020 annual report of the company;
The second session of the board of directors in January 2021 2. On Approving the submission of the company’s financial reports for the last three years and
Proposal on the fourth special report of the board of directors on June 15; The third meeting passed the proposal on the temporary non distribution of the company’s profits in 2020
Case.
The second session of the board of directors in January 2021
On June 26, the Council held a meeting on the proposal of the fifth fund tripartite and quadripartite supervision agreement. Adoption of the second meeting
The second board of directors in February 2021
On June 24, the sixth amendment to the articles of association of the board of directors and the proposal to handle the industrial and commercial change registration; 2. The meeting adopted the proposal on replacing pre invested projects with raised funds
And the proposal of self raised funds for which the issuance expenses have been paid;
3. On using some idle raised funds for cash management
Reasonable proposal;
4. On the payment of raised investment project funds by bank bills
And the proposal of equal replacement with the raised funds;
5. On the use of raised funds to Anhui Xinxin, a wholly-owned subsidiary
Proposal for Platinum Technology Co., Ltd. to provide loans to implement raised investment projects
Case;
6. About revising < Anhui Xinbo Aluminum Co.Ltd(003038) pair
Proposal on foreign guarantee management system;
7. On the establishment of the insider registration system
Proposal;
8. On the guarantee amount of the company to wholly-owned subsidiaries in 2021
Proposal on degree prediction;
9. Proposal on appointment of securities affairs representative of the company;
10. Proposal on convening the first general meeting of shareholders in 2021
Motion.
The second session of the board of directors in April 2021 1 1. Discussion on the company’s report for the first quarter of 2021
The seventh case of the Council on June 26. Adoption of the second meeting
1. 2020 general manager’s work report;
2. 2020 work report of the board of directors;
3. The company’s 2020 financial statement report;
4. On using some idle raised funds to supplement the flow temporarily
Proposal on the use of working capital;
The second board of directors 5. About the financing amount of the company and its wholly-owned subsidiaries in 2021
The eighth motion of the board of directors in May 2021; Passed the proposal on accounting policy change at the 6th meeting on August 8;
7. On the guarantee and related party provided by the actual controller for the company
Proposal on transaction;
8. Proposal on renewing the appointment of accounting firms;
9. Proposal on capital increase of wholly owned subsidiaries;
10. Proposal on convening the 2020 annual general meeting of shareholders
Case.
In June 2021, the second board of directors 1. About signing the project of aluminum profiles for doors and windows of high-end energy-saving system
On September 9, the ninth investment agreement of the Council and the proposal to establish a wholly-owned subsidiary. Adoption of the second meeting
The full text and summary of the 2021 semi annual report of the second board of directors in August 2021;
The proposal on the special report on the passing of the meeting on the deposit and use of raised funds in the half year of 2021 was adopted at the 10th meeting of the board of directors on June 30.
The second board of directors in October 2021
On January 19, the 10th meeting of the board 1. Proposal on investment and establishment of wholly-owned subsidiaries. Adoption of a meeting
1. Proposal on the third quarter report of 2021
2. Notice on the company’s increase of guarantee amount for wholly-owned subsidiaries
Proposal
3. On the increase of guarantee and Association for the company by the actual controller
Transaction proposal
4. Proposal on replacing the Secretary of the board of directors
5. Proposal on appointing deputy general manager of the company
The second session of the board of directors in October 2021 6. On formulating the work system of receiving research and interview of specific objects
The proposal of the 10th meeting of the board of directors on June 25 was passed at the second meeting. 7. Feasibility study on developing commodity futures hedging business
Proposal on the feasibility analysis report
8. On formulating the management system of futures hedging business
Proposal for
9. Notice on the company’s commodity futures hedging business
Proposal
10. Proposal on convening the second extraordinary general meeting of shareholders in 2021
Proposal of the board of directors
1. Notice on the company meeting the conditions for non-public offering of a shares
Proposal
2. Proposal on the company’s non-public offering of a shares
Case (1) type and par value of issued shares (2) issuer
Formula and time (3) issuing party and subscription method (4) Pricing
Base date, issue price and pricing principle (5) issue quantity
(6) Arrangement of restricted sale period (7) listing place (8) raised capital
Investment direction (9) accumulated profit distribution arrangement (10) this issuance
Validity of resolutions of the general meeting of shareholders
3. Preliminary report on the company’s non-public offering of A-Shares in 2021
Proposal of the second board of directors in December 2021
At the 10th meeting of the board of directors on January 1, 4. Proposal on the feasibility analysis report on the use of funds collected at the three meetings of the company’s non-public Development Bank A-share offering in 2021
5. Special report on the use of the company’s previously raised funds
Proposal to report
6. On the composition of related party transactions in this non-public offering of a shares
Yi’s proposal
7. About the company and Tang Dynasty
