Huarong chemical: resolution of the board of directors on the issuance and listing

Huarong chemical: the resolution of the board of directors on the issuance and listing the resolution of the third meeting of the first board of directors of Huarong Chemical Co., Ltd. (hereinafter referred to as “the company”) on October 27, 2020, the third meeting of the first board of directors of Huarong Chemical Co., Ltd. (hereinafter referred to as “the company”) was held in the conference room on the 24th floor of Building 2 of New Hope Liuhe Co.Ltd(000876) Zhongding international, with a total of 6 directors of the company, Six directors attended the meeting, which met the provisions of laws, administrative regulations and the articles of association. The meeting was presided over by Mr. Shao Jun, and the resolutions adopted at the meeting are as follows: first, the proposal on the company’s initial public offering and listing on the gem was deliberated and adopted; 1. The voting results of the types of shares issued are: 6 in favor, 0 against and 0 abstention. 2. The voting result of par value of each share is: 6 in favor, 0 against and 0 abstention. 3. The voting result of the number of shares issued this time is: 6 in favor, 0 against and 0 abstention. 4. The voting results of the exchange to be listed are: 6 in favor, 0 against and 0 abstention. 5. The voting result of the issuer is: 6 in favor, 0 against and 0 abstention. 6. The voting result of pricing method is: 6 in favor, 0 against and 0 abstention. 7. Voting result of issuance method: 6 in favor, 0 against and 0 abstention. 8. The voting results of the validity period of the resolution are: 6 in favor, 0 against and 0 abstention. 2、 Deliberated and passed the proposal on the use of funds raised by the company’s initial public offering and the feasibility of investment projects with raised funds; The voting result is: 6 in favor, 0 against and 0 abstention. 2-2-2 III. deliberation and approval of the proposal on the distribution plan of accumulated undistributed profits before initial public offering; The voting result is: 6 in favor, 0 against and 0 abstention. 4、 Deliberated and adopted the proposal on submitting to the general meeting of shareholders to authorize the board of directors to handle matters related to initial public offering and listing on GEM; The voting result is: 6 in favor, 0 against and 0 abstention. 5、 Deliberated and passed the proposal on Approving the special report on the comparison of differences between the company’s financial statements, original financial statements and declared financial statements in 2017, 2018, 2019 and January June 2020, the special report on the detailed statement of non recurring profits and losses and the special report on the tax payment of main taxes; The voting result is: 6 in favor, 0 against and 0 abstention. 6、 Deliberated and passed the proposal on formulating the articles of Association (Draft) of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 7、 Deliberated and passed the proposal on formulating the rules of procedure for the general meeting of shareholders of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 8、 Deliberated and passed the proposal on formulating the rules of procedure of the board of directors of Huarong Chemical Co., Ltd. (applicable after listing); The voting results were: 6 in favor, 0 against and 0 abstention. 9、 Deliberated and passed the proposal on formulating the information disclosure management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 10、 Deliberated and passed the proposal on formulating the management system of raised funds of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 11、 Deliberated and passed the proposal on formulating the investor relations management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 12、 Deliberated and passed the proposal on formulating the working system of independent directors of Huarong Chemical Co., Ltd. (applicable after listing); 2-2-3 voting results: 6 in favor, 0 against and 0 abstention. 13、 Deliberated and passed the proposal on formulating the related party transaction management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 14、 Deliberated and passed the proposal on formulating the foreign investment management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 15、 Deliberated and passed the proposal on formulating the external guarantee management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 16、 Deliberated and passed the proposal on formulating the implementation rules for the cumulative voting system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 17、 Deliberated and passed the proposal on formulating the insider information management system of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 18、 Deliberated and passed the proposal on formulating the internal reporting system for major events of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 19、 Deliberated and passed the proposal on formulating the management system for the shares and changes of the company held by the directors, supervisors and senior managers of Huarong Chemical Co., Ltd. (applicable after listing); The voting result is: 6 in favor, 0 against and 0 abstention. 20、 Deliberated and passed the proposal on self-evaluation report on internal control of Huarong Chemical Co., Ltd; The voting result is: 6 in favor, 0 against and 0 abstention. 21、 The proposal on the three-year dividend return plan after listing was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 22、 The proposal on the plan and restrictive measures for stabilizing the stock price within three years after listing was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 2-2-4 XXIII. The proposal on the company’s diluted immediate return analysis, filling measures and commitments for initial public offering was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 24、 The proposal on repurchase and compensation commitment for major information disclosure violations in the prospectus of Huarong Chemical Co., Ltd. was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 25、 The proposal on the commitment of binding measures for the failure of relevant responsible subjects of Huarong Chemical Co., Ltd. to fulfill their commitments was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 26、 The proposal on changes in accounting policies of the company during the reporting period was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 27、 The proposal on correction of major accounting errors during the reporting period of the company was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. 28、 The proposal on convening the third extraordinary general meeting of shareholders of Huarong Chemical Co., Ltd. in 2020 was deliberated and adopted. The voting result is: 6 in favor, 0 against and 0 abstention. (there is no text below) 2-2-5 (there is no text on this page, which is the signature page of the resolution of the third meeting of the first board of directors of Huarong Chemical Co., Ltd.): Shao Jun, Li Jianxiong, Zhang Minggui, Tang Chong, Yao ningbu Xinping