Securities code: 601020 securities abbreviation: St Huayu Announcement No.: Lin 2022-013 convertible bond Code: 113027 convertible bond abbreviation: Huayu convertible bond
Tibet Huayu Mining Co.Ltd(601020)
Progress announcement on other matters related to the implementation of risk warning in stock trading
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.
Important content tips:
According to article 9.8.1 of the Listing Rules of Shanghai Stock Exchange, the shares of Tibet Huayu Mining Co., Ltd. (hereinafter referred to as "Huayu mining" or "the company") have been subject to other risk warnings since April 30, 2021, For details, please refer to the suggestive announcement on the implementation of other risk warnings in stock trading and the suspension of trading of the company's shares and their derivatives (Announcement No.: Lin 2021-036) disclosed by the company on April 29, 2021.
1、 Basic information and progress of implementing other risk warnings
(I) basic information of other risk warnings
Lixin Certified Public Accountants (special general partnership) issued a negative opinion on the internal control audit report in 2020, believing that Huayu mining established and implemented the enterprise's internal control in accordance with the norms and guidelines, but the daily connected transactions in 2019 and 2020 were due to the lack of professional and accurate judgment of the company's management on the connected relationship, As a result, the company failed to identify the related party relationship in time and fulfill the review procedures and disclosure obligations. The above situation led to significant defects in the internal control of the authorization and approval of related party transactions of Huayu mining.
On April 28, 2021 and May 19, 2021, the company held the 22nd Meeting of the third board of directors and the 2020 annual general meeting of shareholders respectively, deliberated and adopted the proposal on supplementary confirmation of the company's daily connected transactions to supplement and confirm the daily connected transactions with Tibet Kaiheng and Tibet Chengkang. The related party transactions between the company and Tibet Kaiheng and Tibet Chengkang are the normal production and operation business of the company, and the transaction price is fair. Due to the lack of professional and accurate judgment on the related relationship by the management of the company, the company failed to identify the related relationship in time and fulfill the review procedures and disclosure obligations. Now we make supplementary disclosure on the related transaction. The above-mentioned related party transactions failed to perform relevant review procedures in time, reflecting the insufficient identification of related parties by the company. The board of directors of the company has asked relevant departments of the company to attach great importance to it. In the follow-up daily operation, the company will continue to pay high attention to the identification of related parties. Relevant personnel will strengthen the study of laws and regulations, improve their professionalism, continuously improve the verification procedures for related parties, and strictly abide by the stock listing rules of Shanghai Stock Exchange The administrative measures for information disclosure of listed companies and other regulations stipulate that the corresponding decision-making procedures and disclosure obligations shall be strictly implemented for the related party transactions. The company will further strengthen internal control, improve the review process, pay high attention to the identification of related parties and related transactions, strictly perform the review procedures and disclosure obligations of related transactions, and prevent similar situations from happening again.
(II) opinions of the board of directors of the company on striving to revoke other risk warnings and main measures
1. Further improve the company's internal control system, further improve the internal control system, improve the internal control management system, improve the internal control operation procedures, and strengthen the management system of related party transactions according to the relevant requirements of the basic norms of enterprise internal control and supporting guidelines.
2. The company will require all management and financial personnel of the company to seriously study relevant laws and regulations and various securities regulatory rules, and improve the legal and risk awareness of the company's employees; Regularly and irregularly carry out training on securities related laws and regulations, and strengthen the risk control responsibilities of key management posts; Organize the controlling shareholders, directors, supervisors and senior managers of the company to participate in securities related laws and regulations and the latest regulatory policies, strengthen internal control and supervision, and ensure the sustainable, stable and healthy development of the company.
3. Strengthen risk control and early warning, including strengthening internal responsibilities.
4. Strengthen internal audit. Exercise the supervision power under the leadership of the audit committee of the board of directors, strengthen the supervision of the internal audit department on the implementation of the company's internal control system, improve the depth and breadth of internal audit, dynamically track the transactions between relevant business departments and related parties, supervise the company to strictly perform relevant approval procedures and promote the standardized development of the enterprise.
The company has strictly complied with the basic norms of enterprise internal control and other provisions, improved and implemented various systems, comprehensively strengthened control, and ensured that the company maintains effective internal control in all major aspects.
2、 Description of other risk warnings implemented on the company's shares
At present, the company has touched article 9.8.1 of the Listing Rules of Shanghai Stock Exchange and other relevant provisions, so the company's shares will continue to be subject to other risk warnings.
According to article 9.8.4 of the Listing Rules of Shanghai Stock Exchange, the company will issue a prompt announcement once a month to disclose the progress of the above matters in time. Please pay attention to and pay attention to the investment risks.
The information disclosure media designated by the company is the website of Shanghai Stock Exchange (www.sse. Com. CN.) According to Securities Daily, securities times, Shanghai Securities News and China Securities News, all information of the company shall be subject to the information published in the above designated media. Please pay attention to relevant announcements, make prudent decisions and pay attention to investment risks.
It is hereby announced.
Tibet Huayu Mining Co.Ltd(601020) board of directors February 25, 2022
