Securities code: China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) securities abbreviation: China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) Announcement No.: 2022014 China Zhonghua Geotechnical Engineering Group Co.Ltd(002542)
Announcement of resolutions of the 13th interim meeting of the Fourth 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.
China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) (hereinafter referred to as " China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) " or "the company") the board of directors issued the notice of convening the 13th interim meeting of the Fourth Board of directors of the company by means of telephone notice, e-mail, on-site notice, etc. on March 16, 2022. On March 18, 2022, the company held the meeting in the conference room of the company at No. 13, Keyuan Road, Daxing Industrial Development Zone, Beijing in the way of on-site and communication at the same time. There are 9 directors who should attend the meeting and 9 directors who actually attend the meeting. The meeting was convened and presided over by Mr. Wu Yanwei, chairman of the company, and the supervisors and senior managers of the company attended the meeting as nonvoting delegates.
The convening, convening and voting procedures of this meeting comply with the relevant provisions of the company law of the people's Republic of China and the China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) articles of association, and the meeting is valid. The following proposals were considered and adopted at this meeting:
1、 Proposal on the provision for asset impairment and the recognition of changes in the fair value of other equity instrument investments in 2021
In order to truly reflect the company's financial position and operating results, in accordance with the relevant provisions of the accounting standards for business enterprises, the company has comprehensively checked and analyzed the signs of impairment of the value of relevant assets in the consolidated statements as of December 31, 2021, tested according to the asset category, made provision for impairment of assets that may have impairment losses, and recognized the changes in the fair value of other equity instrument investments held.
In 2021, the provision for impairment of various assets is proposed to be 313100300 yuan in total, and the change in the fair value of other equity instrument investment is confirmed to be reduced by 516800 yuan (the above is the preliminary accounting data, and the final is subject to the annual audit report issued by the accounting firm).
Voting results: 9 in favor, 0 abstention and 0 against.
The announcement on the provision for asset impairment and the recognition of changes in the fair value of other equity instrument investments in 2021 was published in the securities times and cninfo. The independent opinions of independent directors on matters related to the 13th interim meeting of the Fourth Board of directors was published on cninfo.com.
2、 Proposal on applying for credit line from bank
According to the production, operation and capital turnover needs of the company, the company plans to apply for credit line from the following banks:
1. Apply to China Construction Bank Corporation(601939) Beijing Daxing sub branch for a comprehensive credit line of RMB 260 million with a credit term of one year. The specific credit scheme shall be subject to the actual approval of the bank.
2. Apply to Beijing Laiguangying sub branch of Guangdong Development Bank for a comprehensive credit line of 300 million yuan with a credit term of 1 year. The specific credit scheme shall be subject to the actual approval of the bank.
Voting results: 9 in favor, 0 abstention and 0 against.
The announcement on applying for credit line from banks was published in the securities times and cninfo.
It is hereby announced.
China Zhonghua Geotechnical Engineering Group Co.Ltd(002542) board of directors
March 18, 2022
