Securities code: 000858 securities abbreviation: Wuliangye Yibin Co.Ltd(000858) Announcement No.: 2021 / No. 036
Wuliangye Yibin Co.Ltd(000858)
Announcement on resolutions of the 97th 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.
1、 Convening of board meeting
The 97th meeting of the 5th board of directors of Wuliangye Yibin Co.Ltd(000858) (hereinafter referred to as “the company”) completed the proposal deliberation by means of communication and circulation on December 27, 2021. There were 10 directors who should participate in the deliberation and voting, and 10 directors who actually participated in the deliberation and voting. The convening of the meeting was in accordance with the provisions of the company law and the articles of association.
2、 Consideration of proposals by the board of directors
Proposal 1: proposal on matters related to the shutdown of polyester production plant of Sichuan Yibin plas packaging materials Co., Ltd
Sichuan Yibin plas packaging materials Co., Ltd. (hereinafter referred to as “plas company”) ）It is a wholly-owned subsidiary of the company and mainly produces plastic bottle caps and other packaging materials for the company. The polyester production unit of PLAs company was completed and put into operation in April 2002 and has been put into operation for 19 years. At present, the process lags behind and the equipment is aging, so it does not have the market competitive advantage. In view of this, it is agreed that plass company will shut down the polyester production plant and handle the shutdown in accordance with laws and regulations.
10 in favor, 0 against and 0 abstention. Voting result: adopted.
Proposal 2: proposal on the capacity expansion and reconstruction project of workshop 523
The company has carried out capacity expansion and technical transformation of 523 workshop, with a planned land area of 33 mu. The main construction contents are new pits and relevant supporting facilities. The total investment of the project is estimated to be 84.526 million yuan (the investment amount is subject to the project bidding and final settlement).
10 in favor, 0 against and 0 abstention. Voting result: adopted.
3、 Documents for future reference: resolutions of the 97th meeting of the 5th board of directors. It is hereby announced
Wuliangye Yibin Co.Ltd(000858) board of directors December 28, 2021
