Securities code: Crown Advanced Material Co.Ltd(688560) securities abbreviation: Crown Advanced Material Co.Ltd(688560) Announcement No.: 2022026 Crown Advanced Material Co.Ltd(688560)
Announcement on the resolution of the 17th 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 legal liabilities for the authenticity, accuracy and integrity of its contents according to law.
1、 Meetings of the board of supervisors
Crown Advanced Material Co.Ltd(688560) (hereinafter referred to as "the company") the 17th meeting of the third board of supervisors was held in the company's conference room on March 10, 2022 by on-site combined communication. Three supervisors should attend the meeting and three actually attended the meeting. Supervisors Li Chengli and Liu Dan attended the meeting by means of communication. Supervisor Tan Zhigang attended the meeting on site. The meeting was presided over by Chairman Li Chengli of the board of supervisors. The notice, convening and deliberation procedures of this meeting comply with the relevant provisions of the company law of the people's Republic of China and the Crown Advanced Material Co.Ltd(688560) articles of association.
2、 Deliberation at the meeting of the board of supervisors
1. The proposal on using some over raised funds to permanently supplement working capital was deliberated and adopted
The company uses part of the over raised funds for permanent replenishment of working capital and for production and operation related to its main business, which is conducive to improving the use efficiency of the raised funds and reducing financial expenses, which is in line with the interests of the company and all shareholders. The supplementary working capital of the over raised funds complies with laws and regulations such as the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, the Listing Rules of Shanghai Stock Exchange Kechuang board, the guidelines for the self discipline supervision of listed companies on Shanghai Stock exchange Kechuang board No. 1 - standardized operation Provisions of normative documents and articles of association. The deliberation procedures involved in the use of over raised funds to supplement working capital comply with the provisions of laws, administrative regulations, departmental rules and other normative documents, and have been deliberated by the board of directors. The contents and voting of the deliberation proposal comply with the provisions of relevant systems, and there is no change in the purpose of raised funds and damage to the interests of shareholders. It is agreed that some of the company's over raised funds will permanently supplement working capital.
Details are disclosed on the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）Announcement of Crown Advanced Material Co.Ltd(688560) on permanent replenishment of working capital with part of over raised funds (Announcement No.: 2022027)
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the general meeting of shareholders of the company for deliberation.
2. The proposal on the company providing financing guarantee for wholly-owned subsidiaries applying for bank loans was deliberated and passed. The company's guarantee for mingguan lithium film and Jiaming film, a wholly-owned subsidiary, was made in comprehensive consideration of the business development needs of the wholly-owned subsidiary, which was in line with the actual operation situation of the wholly-owned subsidiary and the overall development strategy of the company. The guaranteed objects mingguan lithium film and Jiaming film are wholly-owned subsidiaries of the company. The company has full control over mingguan lithium film and Jiaming film, the guarantee risk is controllable, and the guarantee matters are in line with the interests of the company and all shareholders. To sum up, the board of supervisors agreed that the company would provide guarantee for bank loans to wholly-owned subsidiaries.
Details are disclosed on the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）Announcement of Crown Advanced Material Co.Ltd(688560) on providing financing guarantee for wholly-owned subsidiaries applying for bank loans (Announcement No.: 2022028)
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the general meeting of shareholders of the company for deliberation.
3. The proposal on the company's purchase of directors, supervisors and senior managers' liability insurance was deliberated and adopted
The company's purchase of liability insurance for the company and its directors, supervisors and senior executives is conducive to improving the company's risk management system, promoting relevant responsible personnel to fully exercise their rights and perform their duties, and protecting the rights and interests of the company and investors. The deliberation procedure of this matter is legal and compliant, and there is no damage to the interests of the company and all shareholders. We agree to submit this matter to the general meeting of shareholders of the company for deliberation.
Details are disclosed on the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）Announcement of Crown Advanced Material Co.Ltd(688560) on purchasing directors, supervisors and senior management liability insurance (Announcement No.: 2022029) this proposal is implemented after all supervisors avoid voting and directly submit it to the second extraordinary general meeting of shareholders of the company in 2022 for deliberation and approval.
4. The proposal on the acquisition of part of the equity of the joint-stock company Bochuang Hongyuan new materials Co., Ltd. by a wholly-owned subsidiary was deliberated and adopted
The acquisition of the equity of Bochuang Hongyuan new material Co., Ltd., a joint-stock company by the company's wholly-owned subsidiary, is conducive to improving the use efficiency of its own funds, improving the company's operating ability, better promoting the company's business development and in line with the company's strategic development. The deliberation procedures for the acquisition of the equity of Bochuang Hongyuan by the company's wholly-owned subsidiary comply with the provisions of laws, regulations and normative documents such as the Listing Rules of shares on the science and Innovation Board of Shanghai Stock Exchange, the guidelines for the application of self regulatory rules for listed companies on the science and innovation board of Shanghai Stock Exchange No. 1 - standardized operation. This foreign investment will not have an adverse impact on the company's financial and operating conditions, and there is no situation that damages the interests of the company and its shareholders, especially small and medium-sized shareholders. In conclusion, the board of supervisors agreed to the proposal.
Details are disclosed on the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）Announcement of Crown Advanced Material Co.Ltd(688560) on the acquisition of part of the equity of the joint-stock company Bochuang Hongyuan new materials Co., Ltd. by a wholly-owned subsidiary (Announcement No.: 2022030)
Voting results: 3 in favor, 0 against and 0 abstention.
It is hereby announced.
Crown Advanced Material Co.Ltd(688560) board of supervisors March 11, 2022
