Securities code: 002846 securities abbreviation: Guangdong Enpack Packaging Co.Ltd(002846) Announcement No.: 2021-101 bond Code: 128079 bond abbreviation: Yinglian convertible bond
Guangdong Enpack Packaging Co.Ltd(002846)
Announcement on resettlement expenses related to the relocation of subsidiaries
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.
The 17th meeting of the third board of directors of Guangdong Enpack Packaging Co.Ltd(002846) (hereinafter referred to as “the company” or “the company” or ” Guangdong Enpack Packaging Co.Ltd(002846) “) was held on December 22, 2021. The proposal on resettlement expenses related to the relocation of subsidiaries was considered and adopted by 7 votes in favor, 0 votes against and 0 abstentions. The specific situation is hereby announced as follows:
1、 Personnel resettlement costs involved in the relocation of subsidiaries
Up to now, the company has invested in the construction of intelligent production base construction project (located in Shantou) and beverage easy open cover project phase I (located in Yangzhou).
Based on the company’s strategic planning and the requirements of optimizing the organizational structure of group management, in order to further promote group management and improve management efficiency and operation efficiency, The company has started the equipment relocation of its subsidiary Foshan Baorun metal products Co., Ltd. (hereinafter referred to as “Foshan Baorun”) located in Foshan, Guangdong and Guangdong slam Packaging Co., Ltd. (hereinafter referred to as “Guangdong slam”) located in Dongguan, Guangdong:
1. According to the arrangement of beverage easy open cover construction project, some production lines of Foshan Baorun are relocated to Yinglian metal technology (Yangzhou) Co., Ltd. (hereinafter referred to as “Yangzhou Yinglian”);
2. According to the arrangement of the company’s intelligent production base construction project, Guangdong Grand Slam equipment will be moved to Shantou base. Based on the relocation progress and future arrangements of the above two projects, it is proposed to classify and resettle the Grand Slam personnel in Foshan Baorun and Guangdong. The above two relocation works involve a total of about RMB 12.8 million (the specific amount shall be subject to the actual payment), accounting for 16.49% of the audited net profit attributable to the parent company in the latest period, meeting the relevant review and disclosure standards of the stock listing rules of Shenzhen Stock Exchange.
According to the stock listing rules of Shenzhen Stock Exchange, this transaction does not meet the standard for submission to the general meeting of shareholders for deliberation. Therefore, this proposal does not need to be submitted to the general meeting of shareholders for deliberation.
2、 Impact on the company
The relocation of the subsidiary will help the company optimize the organizational management structure, promote group management and control, realize the integration and sharing of operation and management and resources, reduce repeated investment, reduce costs, and improve the company’s operating efficiency and comprehensive competitiveness. The relocation will not have a significant impact on the overall operation of the company, and there is no damage to the interests of minority shareholders.
It is estimated that the above matters will reduce the total profit of the company by about RMB 12.8 million in 2021. The above amount has not been audited. The final impact of the relocation on the company’s performance shall be subject to the results confirmed by the annual audit institution.
It is hereby announced.
Guangdong Enpack Packaging Co.Ltd(002846) board of directors
December 23, 2001
