Securities code: 300910 securities abbreviation: Xinxiang Richful Lube Additive Co.Ltd(300910) Announcement No.: 2021-076 Xinxiang Richful Lube Additive Co.Ltd(300910)
Announcement of resolutions of the fifth meeting of the third board of supervisors
The company and all members of the board of supervisors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
Xinxiang Richful Lube Additive Co.Ltd(300910) (hereinafter referred to as “the company”) ）The notice of the fifth meeting of the third board of supervisors was sent to all supervisors by telephone and e-mail on December 20, 2021. The meeting was held in the company’s conference room in the form of on-site meeting and communication on December 24, 2021. The meeting was convened and presided over by Mr. Zhang Yong, chairman of the board of supervisors of the company. There were 3 supervisors who should attend the meeting and 3 supervisors who actually attended the meeting.
The convening, convening and voting of this meeting comply with the relevant provisions of the company law of the people’s Republic of China and the Xinxiang Richful Lube Additive Co.Ltd(300910) articles of Association (hereinafter referred to as the articles of association), and the meeting is legal and valid.
2、 Deliberation at the meeting of the board of supervisors
1. The proposal on the extension of some raised investment projects was deliberated and adopted
After review, the supervisors attending the meeting agreed that the company’s delay of some raised investment projects did not change the purpose and investment direction of the company’s raised funds, the total investment and construction content of raised investment projects did not change, and the implementation background of raised investment projects did not change significantly. The postponement of some raised investment projects of the company will not affect the implementation of the investment projects with raised funds, and there is no situation of changing the purpose of raised funds in a disguised manner and damaging the interests of shareholders. It is in line with the relevant provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange on the management of raised funds of listed companies, in line with the interests of the company and all shareholders, and is also conducive to the long-term development of the company, It is agreed that the company will adjust the date when the “lubricating oil additive research center project” reaches the expected usable state to December 31, 2023, and the date when the “technical transformation project of 15200 tons of lubricating oil additive series products” reaches the expected usable state to December 31, 2022.
For details, see the announcement on the extension of some raised investment projects (Announcement No.: 2021-077) disclosed by the company on cninfo.com.cn on December 25, 2021.
Voting results: 3 in favor, 0 against and 0 abstention.
2. The proposal on the construction of a series of lubricating oil additive products with an annual output of 150000 tons and the use of some over raised funds for construction was reviewed and approved
After review, the supervisors attending the meeting agreed that the company’s “construction of 150000 tons of lubricating oil additive series products per year and the use of some over raised funds for construction” met the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies Shenzhen Stock Exchange GEM Listing Rules (revised in 2020) and Shenzhen Stock Exchange GEM listed companies standardized operation guidelines (revised in 2020) And other relevant provisions will help to further integrate the company’s internal resources and improve the use efficiency of the raised funds. There is no case of changing the purpose of the raised funds in a disguised manner, which is in line with the interests of the company and all shareholders, and there is no case of damaging the interests of the company and all shareholders, especially the interests of minority shareholders. In conclusion, the board of supervisors of the company agreed to “build a series of lubricating oil additive products with an annual output of 150000 tons and use some over raised funds for construction”, and agreed to submit it to the general meeting of shareholders for deliberation.
For details, please refer to the announcement on the construction of a series of lubricating oil additives with an annual output of 150000 tons and the use of some over raised funds (Announcement No.: 2021-078) disclosed by the company on cninfo.com.cn on December 25, 2021.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation.
3、 Documents for future reference
1. Resolution of the 5th meeting of the 3rd board of supervisors of the company.
It is hereby announced.
Xinxiang Richful Lube Additive Co.Ltd(300910) board of supervisors December 25, 2021
