Securities code: Kangda New Materials(Group) Co.Ltd(002669) securities abbreviation: Kangda New Materials(Group) Co.Ltd(002669) Announcement No.: 2022034 Kangda New Materials(Group) Co.Ltd(002669) material (Group) Co., Ltd
Announcement on the establishment of Public Welfare Foundation
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Kangda New Materials(Group) Co.Ltd(002669) material (Group) Co., Ltd. (hereinafter referred to as “the company”) and its subsidiaries have been enthusiastic about social welfare undertakings for many years, and actively organized and participated in educational poverty alleviation, epidemic prevention donation, employee assistance, environmental protection and other activities. In order to better fulfill its social responsibility as a public company, contribute to the establishment of a harmonious society, strengthen the planning and management of the company’s public welfare undertakings and continuously improve the influence of the company’s brand, the company and its subsidiaries plan to invest RMB 2 million to initiate the establishment of a public welfare foundation. The company held the second meeting of the 5th board of directors on March 14, 2022, and deliberated and adopted the proposal on the establishment of public welfare foundation. The details are as follows:
1、 Basic information on the establishment of Public Welfare Foundation
1. Name: Shanghai Kangda Public Welfare Foundation (tentative name);
2. Types: Non-public foundations, non-profit social organizations;
3. Original fund amount: 2 million yuan (RMB), which comes from the donation of the company and its subsidiaries; 4. Competent department: Shanghai Civil Affairs Bureau;
5. Purpose: Based on the enterprise, based on the principle of wide participation of all employees, with love and charity as the link, gather the strength of all parties of the group company, integrate the original public welfare projects, actively raise funds, help the company’s employees and their direct relatives who are poor or suffer from major diseases and accidents, and make donations to the society for student aid, poverty relief, poverty alleviation or major disasters.
The above matters shall be subject to the registration and approval of the competent administrative authority.
2、 Overview of donation
The company and its subsidiaries plan to donate 2 million yuan and set up Shanghai Kangda public welfare foundation. The donated funds are mainly used for public welfare undertakings such as helping the needy, loving students and donations for major disasters. The donated funds come from the self owned funds of the company and its subsidiaries. This external donation is within the approval authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders of the company for deliberation. In order to facilitate the application of the foundation, the board of directors authorizes the management of the company to handle relevant matters related to the preparation of registration.
3、 Purpose of establishing public welfare foundation and its impact on the company
1. The establishment of the public welfare foundation this time can strengthen the planning and management of the company’s public welfare undertakings, fully mobilize the company’s internal and external resources, optimize the allocation of public welfare resources, so as to better achieve the goal of charity and public welfare work, contribute to social harmony through donations and charitable acts within our ability, and help the company more effectively fulfill its corporate social responsibility, It is conducive to enhance the company’s social image and influence.
2. The donation comes from the company’s own funds. The donation amount is 2 million yuan (RMB), accounting for 0.93% of the company’s audited net profit in 2020. It will not have a significant impact on the company’s daily operation or damage the interests of the company.
After the establishment of the public welfare foundation, the company will carry out various public welfare activities in strict accordance with the provisions of relevant laws and regulations and the approved business scope, and consciously accept the supervision and guidance of the administrative authorities, investors and the public.
4、 Documents for future reference
1. Resolution of the second meeting of the 5th board of directors.
It is hereby announced.
Kangda New Materials(Group) Co.Ltd(002669) material (Group) Co., Ltd. board of directors March 15, 2002
