Securities code: Gansu Shangfeng Cement Co.Ltd(000672) securities abbreviation: Gansu Shangfeng Cement Co.Ltd(000672) Announcement No.: 2022023 Gansu Shangfeng Cement Co.Ltd(000672)
Announcement on the resolutions of the 42nd meeting of the ninth board of directors
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.
Gansu Shangfeng Cement Co.Ltd(000672) (hereinafter referred to as "the company") the 42nd meeting of the ninth board of directors was held at 10:00 a.m. on March 15, 2022 by means of communication voting. The notice of this meeting was sent to all directors by e-mail on March 10, 2022. There were 9 directors who should attend the meeting and 9 directors actually attended the meeting (including 3 independent directors). The meeting was presided over by Mr. Yu Feng, chairman of the company. The convening, convening and voting of this meeting comply with the relevant provisions of the company law and the articles of association, and are legal and effective. The meeting considered and adopted the following proposals:
1、 The proposal on repurchase of shares of the company through centralized bidding was deliberated and adopted
The board of directors agrees that the company will buy back some of the company's shares through centralized bidding with its own funds through the secondary market for subsequent companies to implement employee stock ownership plans or equity incentives. The total amount of funds for this repurchase shall not be less than 200 million yuan and not more than 300 million yuan, the repurchase price shall not exceed 25.00 yuan / share, and the repurchase period shall be within 12 months from the date when the repurchase plan is considered and approved by the board of directors of the company.
The independent directors expressed their independent opinions on this matter. According to the Listing Rules of Shenzhen Stock Exchange, the standardized operation of companies listed on the main board of Shenzhen Stock Exchange and the articles of association, the company's share repurchase only needs to be deliberated and approved at the meeting of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation.
For details, please refer to China Securities Journal, securities times, securities daily and www.cn.info.com.cn on March 16, 2022 Announcement on share repurchase scheme of the company (Announcement No.: 2022024).
Voting results: 9 affirmative votes, 0 negative votes and 0 abstention votes, passed by vote.
It is hereby announced.
Gansu Shangfeng Cement Co.Ltd(000672)
Board of directors
March 16, 2022
