Sinomag Technology Co.Ltd(300835)
Work report of the board of directors in 2021
In 2021, the board of directors of Sinomag Technology Co.Ltd(300835) (hereinafter referred to as "the company") strictly abided by the provisions of the company law, the articles of association, the rules of procedure of the board of directors and other relevant laws and regulations as well as the relevant systems of the company, earnestly performed its obligations and exercised its powers, strictly implemented the resolutions of the general meeting of shareholders, actively carried out all work of the board of directors, standardized operation and scientific decision-making, Actively promote the development of various businesses of the company, earnestly implement the strategic plan and maintain the steady operation of the company. The work of the board of directors in 2021 and the focus of work in 2022 are reported as follows:
1、 Discussion and analysis of operation
In 2021, influenced by many factors, such as the New Coronavirus epidemic and Sino US trade friction, the global economic uncertainty increased, and the prosperity of some downstream industries decreased. Under the difficult situation that has not been encountered for many years, the company has overcome difficulties and strived forward. Closely focusing on the development strategy of "market leadership, technical support and economies of scale", the company has continuously improved its customer service awareness and focused on developing high-quality customers; Continuously enhance the awareness of cost control and strive to improve production efficiency; Continuously develop the ability of technological innovation and strive to optimize the product structure. In 2021, the company achieved an operating revenue of 8046745 million yuan, a year-on-year increase of 43.91%; The net profit was 1310109 million yuan, a year-on-year increase of 92.05%.
2、 Daily performance of the board of directors in 2021
(I) convening of the board meeting
In 2021, the board of directors of the company convened and held meetings of the board of directors in strict accordance with relevant laws and regulations, the articles of association and other relevant provisions to review and make decisions on various major matters of the company. A total of 8 meetings of the board of directors were held throughout the year. All meetings were held in accordance with the procedures and regulations, and the resolutions of all meetings were legal and valid. The details of the meetings are as follows:
No. date of convening meeting contents of the session
1. On January 11, 2021, the 5th board of directors deliberated and approved the proposal on investment and construction of high frequency magnetic devices (the sixth conference of electricity) project, etc
2 on February 2, 2021, the 5th board of directors deliberated and approved the proposal on signing the project investment agreement with the Investment Promotion Bureau of the seventh meeting of Hefei high tech Industrial Development Zone, etc
3. On March 26, 2021, the Fifth Board of directors deliberated and adopted the work report of the board of directors in 2020, the eighth meeting, etc
4 Sinomag Technology Co.Ltd(300835) 2021 was deliberated and adopted by the 5th board of directors on April 27, 2021
Report on the first quarter of 2009 of the ninth meeting
5. On June 4, 2021, the 5th board of directors deliberated and approved the proposal of the 10th meeting on investment and construction of Sinomag Technology Co.Ltd(300835) Park project, etc
6. On August 26, 2021, the 5th board of directors deliberated and adopted the proposal on the company's 2021 semi annual report and summary of the key points of the 11th meeting, etc
7. On October 26, 2021, the 5th board of directors deliberated and adopted the third quarter report of the 12th meeting of Sinomag Technology Co.Ltd(300835) 2021
The proposal on capital increase of wholly owned subsidiaries adopted at the 13th meeting of the board of directors on December 12, 2021
(II) convening of general meeting of shareholders and implementation of resolutions
In 2021, the board of directors performed its duties in strict accordance with the company law, securities law and other laws and regulations and the articles of association, and earnestly implemented the resolutions adopted by the general meeting of shareholders in strict accordance with the resolutions and authorizations of the general meeting of shareholders. Throughout the year, the board of directors proposed to hold three general meetings of shareholders, as follows:
No. date of holding meeting matters to be considered at the session
1 on February 25, 2021, the proposal on signing the project investment agreement with the Investment Promotion Bureau of the extraordinary general meeting of shareholders of Hefei high tech Industrial Development Zone was deliberated and approved for the first time in 2021
2. On April 19, 2021, the 2020 shareholders' meeting deliberated and approved the 2020 work report of the board of directors of the company, etc
3. On June 24, 2021, the proposal of the extraordinary general meeting of shareholders on investing in the construction of Sinomag Technology Co.Ltd(300835) Park project was reviewed and approved for the second time in 2021
(III) performance of duties of independent directors
In 2021, the independent directors of the company strictly complied with relevant laws and regulations, the articles of association, the working system of independent directors and other relevant provisions, and made independent and impartial judgments by using their professional knowledge; Conscientiously and diligently performed the duties of independent directors, attended the general meeting of shareholders, the board of directors, professional committees and other meetings on time, actively participated in the decision-making of major matters of the company, issued independent opinions in accordance with laws and regulations, and actively safeguarded the legitimate rights and interests of the company and all shareholders; Through a variety of ways to understand the company's operating conditions, the construction of internal control system and the implementation of the resolutions of the board of directors, and put forward reasonable opinions and suggestions for the company's operation and development. The independent directors have not raised any objection to the proposals and other related matters considered at the previous meetings of the board of directors during the reporting period.
(IV) performance of duties of special committees under the board of directors
In 2021, the special committees of the board of directors earnestly performed their duties according to the policy requirements and system norms, gave full play to their professional advantages and functional roles, and provided good support for the decision-making of the board of directors.
1. In combination with the characteristics of the company's industry, the strategy and Investment Committee has deeply understood the company's business status, development prospects, risks and opportunities of the industry, and put forward valuable suggestions on major matters such as the formulation of the company's strategic plan, which ensures the scientificity of the company's development plan and strategic decision-making, and provides a basis for the company's sustainable development Steady development provides strategic support;
2. The nomination committee reviews the qualifications of members of the board of directors and senior management team; 3. The remuneration and assessment committee shall verify the payment and implementation of the remuneration of the company's directors, supervisors and senior managers;
4. The audit committee had a detailed understanding of the company's financial status and operation, reviewed the company's periodic reports, reviewed the formulation and implementation of the company's internal control system, and implemented effective guidance and supervision on the company's financial status and operation.
3、 Key work of the board of directors in 2022
In 2022, the board of directors of the company will continue to uphold the principle of being responsible to all shareholders, be diligent and conscientious, and actively play a core role in corporate governance. Focus on the following work:
1. The board of directors will convene and convene the general meeting of shareholders and the board of directors in accordance with the articles of association, the rules of procedure of the general meeting of shareholders, the rules of procedure of the board of directors and other relevant provisions, standardize the operation, make scientific decisions, and effectively implement each resolution.
2. All professional committees of the board of directors will convene and convene meetings of professional committees in accordance with the working rules of the company's strategy and Investment Committee, the working rules of the company's audit committee, the working rules of the company's nomination committee and the working rules of the company's remuneration and assessment committee, and carry out relevant work with due diligence.
3. The board of directors of the company will continue to strictly comply with the company law, the securities law, the measures for the administration of information disclosure of listed companies, the stock listing rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange and other laws, regulations and normative documents, as well as the relevant requirements of the articles of association and the company's information disclosure management system, Conscientiously and consciously fulfill the obligation of information disclosure, strictly control information disclosure, and effectively improve the standardization and transparency of the company's information disclosure.
In 2022, the board of directors of the company will further strengthen its own construction, give full play to the core role of the board of directors in corporate governance, implement the resolutions of the general meeting of shareholders, perform its duties diligently and carry out work in accordance with the established business objectives and development direction in order to ensure the sustainable and healthy development of the company.
Sinomag Technology Co.Ltd(300835) board of directors March 14, 2022
