Securities code: 688285 securities abbreviation: China Railway High-Speed Electrification Equipment Corporation Limited(688285) Announcement No.: 2022-006
China Railway High-Speed Electrification Equipment Corporation Limited(688285)
Announcement on purchasing liability insurance for the company and the directors, supervisors and senior management
The board of directors and all directors 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.
China Railway High-Speed Electrification Equipment Corporation Limited(688285) (hereinafter referred to as "the company") convened the ninth meeting of the second board of directors and the seventh meeting of the second board of supervisors on December 30, 2021, deliberated and adopted the proposal on purchasing liability insurance for the directors and supervisors of the company, in order to improve the company's risk management system, reduce the company's operational risk and protect the company's directors The rights and interests of supervisors and senior managers and the interests of investors, and promote the management of the company to fully exercise their rights and responsibilities. According to the relevant provisions of the standards for the governance of listed companies, the company plans to purchase liability insurance for all directors, supervisors and senior managers (hereinafter referred to as "directors, supervisors and senior managers liability insurance"), and the specific scheme of liability insurance is as follows:
1、 This insurance scheme
1. Applicant: China Railway High-Speed Electrification Equipment Corporation Limited(688285)
2. Insured: the company and all directors, supervisors, senior managers and relevant responsible persons
3. Limit of compensation: no more than RMB 100 million
4. Premium expenditure: no more than 600000 yuan / year (the final premium shall be determined according to the quotation of the insurance company) 5 Insurance period: 1 year (it can be renewed or re insured every year)
In order to improve decision-making efficiency, The board of directors of the company requests the general meeting of shareholders of the company to authorize the management to handle matters related to the purchase of directors' and supervisors' senior liability insurance within the above authority (including but not limited to determining other relevant responsible persons and insurance companies. If the market changes, determine the liability limit, total insurance premium and other insurance terms according to the market conditions, select and employ insurance brokerage companies or other intermediaries, sign relevant legal documents and deal with other matters related to insurance), And handle renewal or re insurance and other related matters at or before the expiration of the liability insurance contract of the directors, supervisors and senior managers in the future.
All directors and supervisors of the proposal abstain from voting, and the proposal will be directly submitted to the general meeting of shareholders of the company for deliberation.
2、 Opinions of the board of supervisors
The board of supervisors believes that this measure can help improve the company's risk management system, promote the company's directors, supervisors and senior managers to fully exercise their rights and perform their duties, protect the rights and interests of the company and investors, and agree to purchase liability insurance for the company's directors, supervisors and senior managers. The deliberation procedure of the matter is legal and compliant, and there is no damage to the interests of the company and all shareholders. It is agreed to submit the proposal to the general meeting of shareholders of the company for deliberation. 3、 Opinions of independent directors
After review, the independent directors of the company believe that the company's purchase of liability insurance for all directors, supervisors and senior managers is conducive to promoting the compliance performance of relevant responsible persons and reducing the possible risks or losses during the performance of their duties; Help to improve the company's risk management system and promote the development of the company; It helps to protect the rights and interests of the company and investors, and there is no damage to the interests of shareholders, especially the interests of minority shareholders. All independent directors agree that the company shall purchase liability insurance for directors, supervisors and senior managers, and agree to submit the proposal to the general meeting of shareholders for deliberation.
It is hereby announced.
China Railway High-Speed Electrification Equipment Corporation Limited(688285) board of directors January 4, 2022
