Hengdian Group Dmegc Magnetics Co.Ltd(002056)
Annual work report of the board of directors in 2021
In 2021, all members of the board of directors of Hengdian Group Dmegc Magnetics Co.Ltd(002056) (hereinafter referred to as “the company”) performed their duties and performed their duties diligently and responsibly in strict accordance with the company law, the securities law and other laws and administrative regulations, as well as the articles of association and the rules of procedure of the board of directors. The work of the board of directors in 2021 and the focus of work in 2022 are reported as follows: I. the operation of the company in 2021
2021 is not only the opening year of China’s 14th five year plan and the 100th anniversary of the founding of the party, but also the first year of standing at a new starting point after 40 years of Hengdian Group Dmegc Magnetics Co.Ltd(002056) leapfrog development. This year, the company adhered to the industrial layout of two wheel drive of magnetic materials and new energy, increased industrial investment, opened greater development space, and the total amount of income, profit and self operated import and export reached a record high. In this year, the company has overcome the impact of material price rise, shipping difficulties, dual control of energy, currency appreciation and other aspects by strengthening strategic cooperation with logistics partners, continuously building a global supply chain system and increasing market expansion, and further improved the operation quality of the company. During the reporting period, the company achieved an operating revenue of 12.607 billion yuan, an increase of 55.54% over the same period of last year, and the net profit attributable to shareholders of listed companies was 1.12 billion yuan, an increase of 10.54% over the same period of last year.
2、 Daily performance of the board of directors
(I) convening of board meetings and implementation of resolutions
In 2021, the board of directors of the company convened and held meetings of the board of directors in strict accordance with relevant laws, administrative regulations, the articles of association, the rules of procedure of the board of directors and other relevant provisions. The board of directors of the company convened and held 9 meetings throughout the year. All directors attended the meeting and carefully considered and made prudent decisions on each proposal submitted to the board of directors for deliberation.
The details of each board meeting and the proposals considered and adopted are as follows:
No. time session meeting method deliberation proposal
The 8th board of directors in 2021 reviewed the proposal of the company on investing in the battery project of the 10th communication conference of the board of directors on January 25 with an annual output of 4gw high-efficiency large-size single crystal
At the first meeting on the 2nd, the company reviewed the proposal on purchasing 20% equity of Jinchuan electronics
The 8th board of directors in 2021 reviewed the proposal of the company on investing in the battery project of the 10th communication conference of the board of directors on February 31 with an annual output of 4gw high-efficiency large-size single crystal
Second meeting of the 2nd meeting on August 2, deliberating the proposal of the company on purchasing 20% equity of Jinchuan Electronics
3. On site meeting of the 8th board of directors in 2021 1 1. Review the company’s 2020 annual report and its summary
At the 10th meeting of the board of directors on March 10, 2. Review the work report of the board of directors in 2020
No. time session meeting method deliberation proposal
3. Review the 2020 general manager’s work report of the company
4. Review the company’s 2020 financial final accounts report
5. Review the 2021 annual financial budget report of the company
6. Review the plan for profit distribution of the company in 2020
7. Review the company’s proposal on re employment of the audit institution in 2021 8. Review the company’s 2020 internal control self-evaluation report 9. Review the company’s 2020 Social Responsibility Report
10. Review the proposal on the prediction of the company’s daily connected transactions in 2021
11. Deliberating the proposal of the company on adjusting the purpose and cancellation of the remaining shares in the company’s special account for repurchase
12. Review the shareholder return plan for the next three years (20212023)
13. Review the company’s proposal on adjusting the remuneration of some directors 14. Review the company’s proposal on adjusting the remuneration of senior managers 15. Review the company’s proposal on changes in accounting policies
16. Deliberating the company’s proposal on canceling the joint venture
17. Deliberating the company’s proposal on Amending the articles of Association
18. Review the company’s proposal on Amending the rules of procedure of the company’s general meeting of shareholders
19. Deliberating the company’s proposal on Amending the rules of procedure of the board of directors
20. Deliberating the proposal of the company on Revising the decision-making system of related party transactions of the company
21. Review the company’s proposal on Amending the working system of independent directors of the company
22. Review the notice of the company on convening the 2020 annual general meeting of shareholders
The 8th board of directors in 2021
4. The 10th communication meeting of the board of directors on April 14. 1. Four meetings on the first quarter report of the company in 2021 and its text
The 8th board of directors in 2021
5. The 10th communication meeting of the board of directors on June 10. 1. The 5th meeting of the day to review the company’s proposal on establishing a joint venture in Vietnam
The eighth board of directors in 2021 1 reviewed the company’s 2021 semi annual report and its summary
6. The 10th on-site meeting of the board of directors on August 18. 2. Review the proposal of the company on Revising the company’s information disclosure management system at the 6th meeting on August 18
No. time session meeting method deliberation proposal
3. Deliberating the proposal of the company on increasing the estimated amount of daily connected transactions
4. Deliberating the proposal of the company on establishing subsidiaries in the Netherlands
The 8th board of directors in 2021 deliberated the proposal of the company on extending the duration of the second phase of ESOP to the 10th communication session of the board of directors on July 24 and September 24
7th Meeting
The eighth session of the board of directors in 2021 1 1. Review the third quarter report of the company in 2021
8. The 10th communication meeting of the board of directors on October 22 2. Deliberating the proposal of the 8th meeting of the company on increasing the estimated amount of daily connected transactions
The 8th board of directors in 2021 deliberated the proposal of the company on investment and establishment of industrial funds and related party transactions at the 10th communication meeting of the board of directors on September and November 1
9th meeting
The above announcements of the board of directors have been published in the securities times and cninfo http://www.cn.info.com.cn. Disclosure.
In 2021, the board of directors and management of the company effectively implemented the resolutions of the board of directors in strict accordance with the requirements of relevant laws and administrative regulations.
(II) convening of shareholders’ meeting and implementation of resolutions
In 2021, the board of directors convened and held a general meeting of shareholders in strict accordance with relevant laws, administrative regulations, the articles of association, the rules of procedure of the general meeting of shareholders and other relevant provisions. The details are as follows:
No. time session meeting method deliberation proposal
1. Review the 2020 annual report of the company and its summary
2. Review the work report of the board of directors in 2020
3. Review the work report of the board of supervisors in 2020
4. Review the company’s 2020 financial final accounts report
5. Review the 2021 annual financial budget report of the company
6. Review the plan for profit distribution of the company in 2020
7. Review the company’s proposal on renewing the appointment of the auditor in 2021 August 2021 and 2020, review the proposal on the prediction of the company’s daily connected transactions in 2021, annual on-site meeting on April 8, January 9, and review the company’s proposal on adjusting the route of the Ridong general meeting for the company’s repurchase of the remaining shares in the special account and selling them
10. Review the shareholder return plan for the next three years (20212023)
11. Review the company’s proposal on adjusting the remuneration of some directors 12. Review the company’s proposal on adjusting the remuneration of some supervisors 13. Review the company’s proposal on Amending the articles of Association
14. Review the company’s proposal on Amending the rules of procedure of the general meeting of shareholders of the company
No. time session meeting method deliberation proposal
Proposal for
15. Review the company’s proposal on Amending the rules of procedure of the board of directors
