Stock Code: 600423 stock abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Announcement No.: 2022-004
Liuzhou Chemical Industry Co.Ltd(600423)
Announcement on the expected daily related party transactions of the company in 2022
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:
● to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation
● the daily related party transactions reviewed this time are conducive to the stable operation of the company and reduce procurement costs; No significant dependence on related parties. 1、 Basic information of daily connected transactions
(I) review procedures for the performance of daily connected transactions
The sixth session of the board of directors of the year 2022, with zero votes in favor of and against the proposal of the sixth session of the board of directors on the day-to-day transaction of connected companies, was passed by Lu Yun, who was expected to abstain on February 24, 2022.
The independent directors approved the daily related party transactions of the company in 2022 in advance and expressed independent opinions that: the daily related party transactions of the company in 2022 are based on the transactions that have occurred in previous years and continue to this day, which is conducive to promoting the stable operation of the company, reducing procurement costs and will not affect the independence of the company’s operation, There is no situation that damages the interests of the company and shareholders.
The audit committee of the board of directors of the company issued a written audit opinion on the related party transaction and held that the related party transaction is necessary for the normal production and operation of the company, can give full play to the synergy between the company and related parties, is conducive to reducing the cost of the company, improving the stability of production and operation of the company, and the transaction pricing is fair and reasonable without damaging the interests of the company and its shareholders, It is agreed to submit it to the second meeting of the sixth board of directors for deliberation.
This proposal needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation, and the related parties interested in the related party transaction will give up their voting rights at the general meeting of shareholders.
(II) forecast and implementation of daily related party transactions in 2021
Related party transaction category: the related party’s 2021 estimated amount, the original amount (10000 yuan) generated amount (10000 yuan) due to the large difference between the actual expected amount and the actual amount in 2021
There are two main reasons: on the one hand, the report
The procurement period from related parties is affected by factors such as insufficient power supply in the region
The 3900 2991.52 production system of Guangxi Liuhua chlor alkali Co., Ltd. was forced to shut down and reduce the production of raw materials required for production
Business materials are reduced, and related purchases are reduced accordingly; On the other hand, during the reporting period, the utilization rate of 50% hydrogen peroxide capacity of the company was low and the total steam consumption was low.
Others Guangxi Liuzhou Chemical Holding Co., Ltd. 100 35.94-
company
Stock Code: 600423 stock abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Announcement No.: 2022-004
Total 3027.46
(III) estimated amount and category of daily connected transactions
Category of related party transactions: estimated amount of related party in 2022 actually paid in 2021 this time is the same as the actual amount of last year
Reasons for the large difference between the amount (10000 yuan) and the amount (10000 yuan)
Purchase 3250 2991.52 of Guangxi Liuhua chlor alkali Co., Ltd. from related parties-
Goods and services received
Others Guangxi Liuzhou Chemical Holding Co., Ltd. 50 35.94-
department
Total 3300 3027.46
2、 Introduction and relationship of related parties
(I) basic information of related parties
1. Basic information of related parties
Name of related party nature of enterprise registered capital legal representative main business
(10000 yuan) address of the principal shareholder of the balance sheet
Guangxi Liuzhou Chemical Co., Ltd. public property right transaction, share transfer, loading and unloading service, Liuzhou Industrial control, Liuzhou, Guangxi
Industrial Holding Co., Ltd. (non natural person 10000 yuan Zhigang railway transportation agency service, series of micro fertilizer trial production stock Co., Ltd. shibeique Road
Investment or holding of the company. (holding 100%) No. 67
(sole proprietorship of legal person)
Caustic soda, liquid chlorine, hydrochloric acid, sodium hypochlorite, sulfur, Luzhai, Guangxi
Guangxi Liuhua chlorine Co., Ltd. produces and sells acid and hydrogen; Food additive salt Luzhai Town, chemical County, Liuzhou, Guangxi
Alkali Co., Ltd. 28648.58 Weiwei acid and food additive sodium hydroxide production and marketing Holding Co., Ltd. Jianzhong West Road
Sale; Production and sales of PVC and mirabilite (holding 93%) No. 100
Wait.
2. Main financial data of related parties in the latest fiscal year
Name of related parties main financial data in 2020 (10000 yuan)
Total assets net assets main business income net profit
Guangxi Liuzhou Chemical Holding Co., Ltd. 170654 – 17173 2901 – 41098
Guangxi Liuhua chlor alkali Co., Ltd. 93898 – 1890 40979 – 15079
(II) relationship between related parties and listed companies
The relationship between the name of the related party and the company complies with the relevant provisions of the stock listing rules of Shanghai Stock Exchange
Position of key management personnel of the company
Guangxi Liuzhou Chemical Holding Co., Ltd. is a legal person specified in article 10.1.3 (III) of the stock listing rules
The key management personnel of the company belong to the holding subsidiary of Guangxi Liuhua chlor alkali Co., Ltd., a legal person specified in article 10.1.3 (III) of the stock listing rules
(III) analysis on the execution and performance ability of similar related party transactions in the early stage
The production and operation of the above related parties are normal, the daily related party transactions with the company continue for many years, and the similar related party transactions in the early stage can be performed as agreed
Stock Code: 600423 stock abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Announcement No.: 2022-004
The bank made relevant commitments and there was no breach of contract.
3、 Pricing policy of related party transactions
This related party transaction is a daily transaction such as the purchase and sale of goods by the company. If there is a market price, it shall be priced according to the market. If there is no market price, it shall be priced through negotiation based on cost + tax + reasonable profit, and settled in the current month of bank deposit.
4、 Purpose of related party transactions and its impact on Listed Companies
Due to the needs of production and operation, the company and the above-mentioned related parties will have a certain amount of daily related party transactions every year. The transactions are necessary and continuous, which can give full play to the synergy between the company and the related parties. If there is market pricing for the traded goods, the market pricing shall be adopted; if there is no market pricing, the cost + tax + reasonable profit shall be adopted, and the pricing shall be determined through negotiation between the two parties Reasonable and in line with the principles of openness, fairness and impartiality. The transaction amount is settled by bank deposits. Related party transactions will not affect the independent operation of the company, damage the interests of the company’s shareholders, adversely affect the company’s production and operation, and form a large dependence on related parties.
It is hereby announced.
Liuzhou Chemical Industry Co.Ltd(600423) board of directors
February 26, 2022
