Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
Securities code: Guangzhou Tinci Materials Technology Co.Ltd(002709) securities abbreviation: Guangzhou Tinci Materials Technology Co.Ltd(002709) Announcement No.: 2022010 Guangzhou Tinci Materials Technology Co.Ltd(002709)
Announcement of the resolution of the 26th meeting of the 5th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
On March 1, 2022, the 26th meeting of the 5th board of directors of Guangzhou Tinci Materials Technology Co.Ltd(002709) (hereinafter referred to as “the company”) was held in the conference room on the first floor of the company’s office building, Dongcheng piankangda Road, YUNPU Industrial Zone, Huangpu District, Guangzhou through the combination of on-site and communication. The notice of the meeting was delivered to all directors on February 24, 2022. There were 9 directors who should participate in the voting of this meeting and 9 directors who actually participated in the voting of this meeting. The meeting was presided over by the chairman, Mr. Xu Jinfu, and all supervisors and senior managers of the company attended the meeting as nonvoting delegates. The convening and convening procedures of this meeting comply with the provisions of the company law of the people’s Republic of China and the articles of association.
The board of directors deliberated and passed relevant proposals and formed the following resolutions:
1、 The proposal on the extension of some raised investment projects and additional investment with self raised funds was deliberated and adopted
It is agreed that the annual output of 100000 tons of lithium battery electrolyte project will be increased by 1883297 million yuan with self raised funds, and the completion time of the project will be extended from April 30, 2022 to July 31, 2022. It is agreed that the annual output of 400000 tons of sulfur based sulfuric acid project will be increased by 191428 million yuan with self raised funds.
The independent directors of the company have expressed independent opinions on this proposal, and the recommendation institution has issued special verification opinions.
Voting results: 9 in favor, 0 against and 0 abstention.
For details, please refer to the announcement on the extension of some raised investment projects and additional investment with self raised funds. On the same day as this resolution, it was published on the information disclosure media designated by the company, such as securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）Announcement.
Independent opinions of independent directors on the extension of some raised investment projects and additional investment with self raised funds, and the extension of Guangzhou Tinci Materials Technology Co.Ltd(002709) some raised investment projects of Anxin Securities Co., Ltd
Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
And the verification opinions on additional investment with self raised funds were published on cninfo.com, the designated information disclosure media of the company on the same day as this resolution（ http://www.cn.info.com.cn. ）Announcement.
2、 The proposal on additional investment in the reconstruction and expansion project with an annual output of 150000 tons of lithium battery materials was reviewed and approved. The company was agreed to make additional investment in the reconstruction and expansion project with an annual output of 150000 tons of lithium battery materials with a self raised fund of 233252300 yuan. After the additional investment, the total investment of the project was changed from 99.217 million yuan to 332469300 yuan. Voting results: 9 in favor, 0 against and 0 abstention.
For details, please refer to the announcement on additional investment in the reconstruction and expansion project of lithium battery materials with an annual output of 150000 tons. On the same day as this resolution, it was published on the information disclosure media designated by the company, such as securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）Announcement. 3、 The proposal on the transfer of assets and liabilities between wholly-owned subsidiaries was deliberated and adopted
It is agreed that the company will adjust the existing assets of the wholly-owned subsidiaries Jiujiang Tianqi fluorosilicone New Material Technology Co., Ltd. (hereinafter referred to as “Jiujiang Tianqi”) and Jiujiang Tianci Resource Recycling Technology Co., Ltd. (hereinafter referred to as “Tianci resource recycling”) and replace the fixed assets of Jiujiang Tianqi except the 60000 ton daily chemical basic material project (phase I) Intangible assets and some liabilities (hereinafter referred to as “target assets”) shall be transferred to Tianci resource circulation free of charge based on the book value confirmed by audit on the base date December 31, 2021. Changes in assets and liabilities during the period from the base date of transfer to the transfer date will be adjusted and transferred according to the facts.
Voting results: 9 in favor, 0 against and 0 abstention.
See the announcement on the transfer of assets and liabilities between wholly-owned subsidiaries for details. On the same day as this resolution, it was published on the information disclosure media designated by the company, such as securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）Announcement.
IV The proposal on the subsidiary Yichang Tianci to participate in the bidding for the use right of state-owned land was deliberated and passed, and it was agreed to authorize the subsidiary Yichang Tianci high tech materials Co., Ltd. (hereinafter referred to as “Yichang Tianci”) to use self raised funds to participate in the state-owned construction land (parcel No.: Zhitu notice Zi [2022]) of the plot west of Yaogang Fourth Road within the scope of no more than RMB 6 million No. 9) land use right auction, and authorize Yichang Tianci’s legal representative or its authorized personnel to sign relevant legal documents in the process of land auction.
Voting results: 9 in favor, 0 against and 0 abstention.
Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
For details, please refer to the announcement on Yichang Tianci’s intention to participate in bidding for the use right of state-owned land. On the same day as this resolution, it was published on the information disclosure media designated by the company, such as securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）Announcement. Documents for future reference:
1. Resolution of the 26th meeting of Guangzhou Tinci Materials Technology Co.Ltd(002709) the 5th board of directors; 2. Independent opinions of independent directors on the extension of some raised investment projects and additional investment with self raised funds;
3. Verification opinions of Anxin Securities Co., Ltd. on the extension of Guangzhou Tinci Materials Technology Co.Ltd(002709) some raised investment projects and additional investment with self raised funds.
It is hereby announced.
Guangzhou Tinci Materials Technology Co.Ltd(002709) board of directors March 3, 2022
