Securities code: Svg Tech Group Co.Ltd(300331) securities abbreviation: Svg Tech Group Co.Ltd(300331) Announcement No.: 2022018 Svg Tech Group Co.Ltd(300331)
Announcement on the resolution of the fourth meeting of the Fifth 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 held
The notice of the third meeting of the board of supervisors shall be sent by fax in combination with the actual number of supervisors attending the third meeting of the board of supervisors on November 3, 2023, and shall be sent by fax in combination with the actual number of supervisors attending the fourth meeting of the board of supervisors. The meeting was presided over by Mr. Ni Junqiang, chairman of the board of supervisors, and the meeting procedures were in accordance with relevant laws and regulations and the articles of association.
2、 Deliberations of the meeting
After deliberation, the attending supervisors adopted the following proposals by open ballot:
1. The proposal on the application of the company and its subsidiaries to the bank for comprehensive credit line in 2022 was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
According to the company's strategic development plan and production and operation needs, The company and its subsidiaries intend to apply to banks and other financial institutions for a comprehensive credit line of no more than 2.448 billion yuan or equivalent foreign currency (including but not limited to working capital loans, acceptance bills, letters of credit, letters of guarantee and other credit varieties, within the scope of no more than the total credit line, and finally subject to the credit line actually approved by each bank). Within this limit, the company and its subsidiaries conduct bank lending according to the actual capital demand.
As the above comprehensive credit line exceeds 50% of the company's latest audited net assets, according to the Shenzhen Stock Exchange GEM Listing Rules and the articles of association and other relevant provisions, this matter needs to be submitted to the company's first extraordinary general meeting in 2022 for deliberation. This application for comprehensive credit line is valid within one year from the date of deliberation and approval by the company's general meeting, Within the credit term, the credit line can be recycled.
2. The proposal on the prediction of the guarantee amount provided by the company and its subsidiaries for its subsidiaries in 2022 was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
After deliberation, the board of supervisors believes that the guarantee provided by the company and its subsidiaries to its subsidiaries is mainly to support the business development of its subsidiaries and ensure the capital needs in its daily business process. The guaranteed companies are all subsidiaries within the scope of consolidated statements, and the financial risk of this guarantee is within the controllable range of the company. The contents and decision-making procedures of this guarantee comply with relevant laws and regulations, normative documents such as Shenzhen Stock Exchange gem stock listing rules, self regulatory guidelines for listed companies No. 2 - standardized operation of GEM listed companies, as well as the provisions of the articles of association and relevant systems, and there is no situation that damages the interests of the company and minority shareholders. Therefore, it is agreed that the company and its subsidiaries provide guarantees for its subsidiaries.
This proposal still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
3. The proposal on the prediction of daily connected transactions in 2022 was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
The board of supervisors carefully checked the company's daily related party transactions and held that the company's expected daily related party transactions in 2022 belong to the normal business scope of the company, comply with the actual situation of the company, and the relevant decision-making procedures comply with relevant laws and regulations such as the Listing Rules of GEM stocks of Shenzhen Stock Exchange, the guidelines for the standardized operation of GEM listed companies of Shenzhen Stock Exchange, etc The provisions of normative documents, the articles of association and relevant systems will not damage the interests of the company and other non affiliated shareholders.
This proposal still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
4. The proposal on the company's financial aid management system was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
5. The proposal on providing financial assistance to subsidiaries and related party transactions was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
After deliberation, the board of supervisors held that the financial support provided to Suzhou weiyeda Touch Technology Co., Ltd. (hereinafter referred to as "weiyeda") and Suzhou maita Photoelectric Technology Co., Ltd. (hereinafter referred to as "maita photoelectric") is conducive to promoting the business development of weiyeda and the business transformation of maita photoelectric, and can improve the efficiency of the use of the company's overall funds, The overall risk is controllable and will not have a significant adverse impact on the normal operation of the company. The decision-making procedure of this financial assistance and related party transactions complies with the provisions of relevant laws, regulations and the articles of association, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. The board of supervisors agreed to the financial assistance and related party transactions.
This proposal still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
6. The proposal on using some idle self owned funds for cash management was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
After deliberation, the board of supervisors held that: on the premise of ensuring the daily operation and capital safety, the company uses no more than RMB 400 million idle self owned funds to buy principal guaranteed financial products with low risk and high liquidity, which is conducive to improving the use efficiency and income of the company's funds, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders, The decision-making procedure of this matter is legal and compliant. Therefore, it is agreed that the company and its subsidiaries use idle self owned funds of no more than RMB 400 million to buy principal guaranteed financial products with low risk and high liquidity.
This proposal still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
7. The proposal on carrying out financial derivatives trading business in 2022 was deliberated and adopted
Voting results: 3 in favor, 0 against and 0 abstention.
After deliberation, the board of supervisors believes that the financial derivatives trading business carried out by the company and its subsidiaries meets the actual needs of the company's production and operation, is conducive to reducing or avoiding the exchange rate risk caused by exchange rate fluctuations, reducing exchange losses and controlling business risks, and has a certain necessity. Its relevant decision-making procedures comply with relevant national laws and regulations, the articles of association and the company's financial derivatives trading business management system. Therefore, the board of supervisors agreed that the company should carry out financial derivatives trading business in accordance with the provisions of relevant systems.
It is hereby announced.
Svg Tech Group Co.Ltd(300331) board of supervisors
March 11, 2022
