Securities code: Wuxi Shangji Automation Co.Ltd(603185) securities abbreviation: Wuxi Shangji Automation Co.Ltd(603185) Announcement No.: 2022024 Wuxi Shangji Automation Co.Ltd(603185)
Announcement on the resolution of the 27th meeting of the third board of supervisors
The board of supervisors and all supervisors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Meetings of the board of supervisors
Wuxi Shangji Automation Co.Ltd(603185) (hereinafter referred to as "the company") the 27th meeting of the third session of the board of supervisors was held on site in the company's conference room on March 8, 2022. The meeting notice and relevant materials were sent on site, e-mail and fax on March 8, 2022. There are 3 supervisors who should attend the meeting and 3 supervisors who actually attended the meeting. The convening and convening procedures of the meeting shall comply with the company law of the people's Republic of China and other laws and regulations, rules and regulations of administrative departments, normative documents and relevant provisions of Wuxi Shangji Automation Co.Ltd(603185) articles of association.
2、 Deliberation at the meeting of the board of supervisors
(I) deliberated and passed the proposal on using raised funds to replace self raised funds invested in raised investment projects in advance
The board of supervisors believes that before the funds raised by the company's public offering of convertible corporate bonds are in place, the company will invest the raised funds in advance according to the actual situation of the project progress. In order to reduce financial expenses and increase the company's income, the company will use the raised funds to replace the self raised funds invested in the raised projects in advance. Such payment arrangements do not conflict with the implementation plan of the investment project with raised funds, do not affect the normal progress of the investment project with raised funds, and do not change the investment direction of raised funds in a disguised manner and damage the interests of shareholders. They comply with the provisions of relevant laws, regulations and normative documents and the strategic development needs of the company.
In conclusion, the board of supervisors agrees that the company will use the raised funds to replace the self raised funds invested in the raised projects in advance. For details, please refer to China Securities Journal, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN) published by the company on the same day Announcement on using raised funds to replace self raised funds invested in raised investment projects in advance (Announcement No.: 2022025).
Voting results: 3 in favor, 0 against and 0 abstention.
(II) deliberated and passed the proposal on using raised funds to provide loans to wholly-owned subsidiaries to implement raised investment projects
The board of supervisors believes that the company's use of the raised funds to provide loans to wholly-owned subsidiaries for the implementation of raised investment projects is based on the construction needs of the implementation subject of raised investment projects, in line with the use plan of raised funds, which is conducive to meeting the capital needs of raised investment projects and ensuring the smooth implementation of raised investment projects. If the purpose of the raised funds is not changed, the interests of the shareholders will not be damaged.
In conclusion, the board of supervisors agreed that the company would use the raised funds to provide loans to wholly-owned subsidiaries for the implementation of raised investment projects.
For details, please refer to China Securities Journal, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN) published by the company on the same day Announcement on the use of raised funds to provide loans to wholly-owned subsidiaries to implement raised investment projects (Announcement No.: 2022026).
Voting results: 3 in favor, 0 against and 0 abstention.
(III) deliberated and passed the proposal on cash management with idle raised funds
The board of supervisors believes that the company's use of idle raised funds to purchase financial products with high safety and good liquidity is conducive to improving the use efficiency of raised funds and obtaining certain investment benefits. There is no behavior of changing the purpose of raised funds in disguise, which will not affect the construction of raised funds and the use of raised funds, nor will it have an adverse impact on the company's business activities, There is no damage to the interests of the company and shareholders, and it complies with the relevant provisions of relevant laws, regulations and normative documents.
In conclusion, the board of supervisors agreed to the company's use of idle raised funds for cash management and agreed to submit the matter to the general meeting of shareholders for deliberation.
For details, please refer to China Securities Journal, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN) published by the company on the same day Announcement on using idle raised funds for cash management (Announcement No.: 2022027).
This proposal needs to be submitted to the second extraordinary general meeting of shareholders of the company in 2022 for deliberation.
Voting results: 3 in favor, 0 against and 0 abstention.
(IV) deliberated and passed the proposal on subsidiaries using bank acceptance bills to pay the funds required for raised investment projects and replace them with the raised funds in equal amount
The board of supervisors held that the use of bank acceptance bills by Hongyuan new material to pay the funds required for the raised investment project and replace the raised funds in the same amount was based on the real transaction, did not violate the relevant provisions on the use of bank bills, and the relevant approval procedures were also in line with the relevant provisions of laws and regulations and the company's procedures. At the same time, these payment arrangements are in line with the implementation plan of the investment projects with raised funds. The above funds paid with bank acceptance bills are used for the investment projects with raised funds, which will not affect the normal progress of the investment projects with raised funds, and there is no situation of changing the investment direction of raised funds in a disguised manner or damaging the interests of shareholders.
In conclusion, the board of supervisors agreed to the overall arrangement for the subsidiary to use the bank acceptance bill to pay the funds required in the investment projects of raised funds, and regularly transfer the same amount of funds from the special account of raised funds to other accounts of the company. For details, please refer to China Securities Journal, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN) published by the company on the same day Announcement on subsidiaries using bank acceptance bills to pay the funds required for raised investment projects and replace them with the raised funds in the same amount (Announcement No.: 2022028). Voting results: 3 in favor, 0 against and 0 abstention.
3、 Documents for future reference
1. Resolution of the 27th meeting of Wuxi Shangji Automation Co.Ltd(603185) the third board of supervisors;
2. Verification opinions of Wuxi Shangji Automation Co.Ltd(603185) board of supervisors on relevant matters of the 27th meeting of the third board of supervisors.
It is hereby announced.
Wuxi Shangji Automation Co.Ltd(603185) board of supervisors March 9, 2022
