Stock Code: 600423 stock abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Announcement No.: 2022-002
Liuzhou Chemical Industry Co.Ltd(600423)
Announcement on the resolution of the second meeting of the sixth board of directors
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material errors in the contents of this announcement
Omission, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
The second meeting of the sixth board of directors of Liuzhou Chemical Industry Co.Ltd(600423) (hereinafter referred to as "the company") was held in the company's conference room on February 24, 2022. Seven directors should vote at the meeting, seven directors actually voted, and the company's supervisors and senior managers attended the meeting as nonvoting delegates. This meeting was in accordance with the relevant provisions of the company law and the articles of association, The meeting was presided over by Mr. Lu Shengyun, chairman of the board.
After deliberation and voting by the directors present, the following proposals were adopted:
1、 The general manager's work report for 2021 was reviewed and adopted with seven votes in favor, none against and no abstention.
2、 The work report of the board of directors for 2021 was considered and adopted by seven votes in favor, none against and no abstention.
3、 The annual report for 2021 and its summary were considered and adopted by seven votes in favor, none against and no abstention. (for details, please refer to the company's 2021 annual report disclosed on the website of Shanghai Stock Exchange: www.sse.com.cn. On the same day and the company's 2021 annual report summary published in Shanghai Securities News)
4、 The financial statement of 2021 was reviewed and adopted by seven votes in favor, none against and no abstention.
5、 The financial budget report for 2022 was reviewed and adopted with seven votes in favor, none against and no abstention.
6、 The profit distribution plan for 2021 was reviewed and approved by seven votes in favor, none against and no abstention.
The audit of Daxin Certified Public Accountants (special general partnership) confirmed that the net profit of the company in 2021 was 28.8149 million yuan, and the accumulated profit available for distribution at the end of the period was -2188238600 yuan.
In view of the company's meager profit and negative accumulated undistributed profits in 2021, combined with the relevant provisions of the articles of association, the company plans not to distribute profits or convert capital reserve into share capital in 2021.
7、 The proposal that the company's outstanding losses reach one-third of the total paid in share capital was deliberated and passed with seven votes in favor, none against and no abstention.
According to the 2021 annual audit report issued by Daxin Certified Public Accountants (special general partnership) for the company, as of December 31, 2021, the cumulative distributable profit of the company was -2188238568.58 yuan, and the paid in share capital was 798695026 yuan. The company's outstanding loss has reached and exceeded one-third of the total paid in share capital.
In 2021, on the one hand, the company continued to strengthen safety production management and compacted responsibilities at all levels. Through process optimization, careful operation, strengthening labor discipline, strengthening marketing management and other measures, the company overcame the adverse factors such as insufficient power supply, downward product prices, and rising prices of bulk raw materials and electricity,
Stock Code: 600423 stock abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Announcement No.: 2022-002
The production and marketing rate of hydrogen peroxide system exceeds 98.5% and the utilization rate of hydrogen peroxide system exceeds 100%; On the other hand, during the reporting period, the company strengthened fund management, increased interest income, reduced financial expenses, and realized the growth of operating performance. The annual net profit was 28.8149 million yuan, but the profit was still meager, the earnings per share was only 0.04 yuan, and the amount of outstanding losses in the early stage was large, As a result, the amount of the company's outstanding losses at the end of 2021 still exceeds one-third of the total paid in share capital.
8、 The 2021 annual internal control evaluation report of the company (the report was disclosed on the website of Shanghai Stock Exchange on the same day: www.sse. Com. CN) was deliberated and adopted by seven votes in favor, none against and no abstention.
9、 The 2021 annual performance report of the audit committee of the board of directors was reviewed and adopted by seven votes in favor, none against and no abstention (the report was disclosed on the website of Shanghai Stock Exchange: www.sse. Com. CN on the same day).
10、 With six votes in favor, none against and no abstention, the proposal on the expected daily related party transactions of the company in 2022 was deliberated and adopted, and the related director Lu Shengyun avoided voting. (for details, please refer to the announcement on the expected daily related party transactions of the company in 2022 (Announcement No.: 2022-004) disclosed by the company on the website of Shanghai Stock Exchange: www.sse.com.cn. And Shanghai Securities News on the same day.)
11、 The 2021 annual social responsibility report of the company (the report was disclosed on the website of Shanghai Stock Exchange on the same day: www.sse. Com. CN) was deliberated and adopted by seven votes in favor, none against and no abstention.
12、 The proposal on changing the company's domicile and amending the articles of association was deliberated and adopted by seven votes in favor, none against and no abstention. (see the announcement on changing the company's domicile and amending the articles of Association (Announcement No.: 2022-005) disclosed by the company on the website of Shanghai Stock Exchange: www.sse.com.cn. And Shanghai Securities News on the same day)
13、 The proposal on convening the 2021 annual general meeting of shareholders of the company was deliberated and adopted with seven affirmative votes, zero negative votes and zero abstentions. The time and place of the 2021 annual general meeting of shareholders of the company will be notified separately.
The second, third, fourth, fifth, sixth, seventh, tenth and twelfth proposals above must be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
It is hereby announced.
Liuzhou Chemical Industry Co.Ltd(600423) board of directors February 26, 2022
