Anxin Securities Co., Ltd
About Guangzhou Tinci Materials Technology Co.Ltd(002709)
Verification opinions of internal control evaluation report in 2021
Anxin Securities Co., Ltd. (hereinafter referred to as “Anxin securities” and “sponsor”) as the sponsor of Guangzhou Tinci Materials Technology Co.Ltd(002709) (hereinafter referred to as ” Guangzhou Tinci Materials Technology Co.Ltd(002709) ” and “the company”) for non-public offering of shares in 2020, In accordance with the measures for the administration of securities issuance and listing recommendation business, the stock listing rules of Shenzhen Stock Exchange, the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board and other relevant provisions, the matters in the internal control evaluation report of Guangzhou Tinci Materials Technology Co.Ltd(002709) 2021 were carefully verified. The details are as follows:
1、 Guangzhou Tinci Materials Technology Co.Ltd(002709) evaluation on the effectiveness of the implementation of the company’s internal control system
According to the identification of major defects in the company’s internal control over financial reporting, there are no major defects in the internal control over financial reporting on the benchmark date of the internal control evaluation report. The board of Directors believes that the company has maintained effective internal control over financial reporting in all major aspects in accordance with the requirements of the enterprise’s internal control standard system and relevant regulations. According to the identification of major defects in the company’s internal control over non-financial reports, the company found no major defects in the company’s internal control over non-financial reports on the benchmark date of the internal control evaluation report.
There are no factors affecting the evaluation conclusion of the effectiveness of internal control from the base date of the internal control evaluation report to the date of issuance of the internal control evaluation report.
2、 Internal control evaluation
(I) evaluation scope of internal control
The company determines the main units, matters and high-risk areas included in the evaluation scope according to the risk oriented principle. The main units included in the scope of evaluation include:
Serial number company name and company relationship equity ratio
1 Guangzhou Tinci Materials Technology Co.Ltd(002709) the company——
2. 100% of subsidiaries of Guangzhou Tianci silicone Technology Co., Ltd
3. Subsidiary of Jiujiang Tianci high tech materials Co., Ltd. 100%
4 Tianjin Tianci high tech materials Co., Ltd. subsidiary 100%
5. Subsidiaries of Tianci (Hong Kong) Co., Ltd. 100%
6 Zhangjiagang jimute Chemical Technology Co., Ltd. subsidiary 100%
7. 100% of subsidiaries of Jiangxi Tianci New Material Innovation Center Co., Ltd
8. Subsidiary of Jiangsu Tianci high tech materials Co., Ltd. 100%
9. Subsidiary of Ningde Kaixin battery material Co., Ltd. 100%
Czech subsidiary
11 Qingyuan Tianci hi tech materials Co., Ltd. subsidiary 100%
12 Guangzhou Tinci Materials Technology Co.Ltd(002709) Germany Limited subsidiary 100%
13. 100% of subsidiaries of Guangzhou Tinci Materials Technology Co.Ltd(002709) (Nantong) Co., Ltd
14. Subsidiary of Zhejiang Tianci high tech materials Co., Ltd. 100%
15 subsidiary of Zhejiang Tianshuo fluorosilicone New Material Technology Co., Ltd. 82.96%
16. 76.89% of subsidiaries of zhongtianhong lithium Clenergy(Xiamen)Technology Co.Ltd(603628) Co., Ltd
17 Jiujiang Tianci Mining Co., Ltd. 75%
18 Yichun Tianci high tech materials Co., Ltd. 70%
19 Yichang Tianci high tech materials Co., Ltd. subsidiary 65%
20 Jiujiang Tianqi fluorosilicone New Material Technology Co., Ltd. Sun company 100%
21 Jiujiang jimute New Material Technology Co., Ltd. Sun company 100%
22 Chizhou Tianci high tech materials Co., Ltd. Sun company 100%
23 Fuding Kaixin battery material Co., Ltd. Sun company 100%
24 Guangzhou Tinci Materials Technology Co.Ltd(002709) USA Co., Ltd. Sun company 100%
Jiujiang new power materials Co., Ltd
26 Jiujiang Tianci electrolyte Technology Co., Ltd. Sun company 100%
27 Jiujiang Tianci Resource Recycling Technology Co., Ltd. Sun company 100%
28 Anhui Tianfu Fluorine Material Co., Ltd. Sun company 100%
29 Zhejiang aide Nano Technology Co., Ltd. Sun company 70%
30 Jiangxi Tianci zhongnitrate New Material Co., Ltd. Sun company 65%
31 Anhui Yisheng Environmental Protection Technology Co., Ltd. great grandson company 100%
The total assets of the units included in the evaluation scope account for 100% of the total assets in the company’s consolidated financial statements, and the total operating revenue accounts for 100% of the total operating revenue in the company’s consolidated financial statements.
The main items included in the evaluation scope include: development strategy, organizational structure, human resources, corporate culture, social responsibility, fund management, sales management, procurement management, research and development, financial management, major investment control, raised funds management, management of subsidiaries, external guarantee control, related party transaction control, information system and communication, etc.
Major business areas of concern, such as high-risk business, research and development of funds, and disclosure of related party business information, mainly including financing, guarantee, and so on.
1. Development strategy
The company will focus on lithium-ion battery materials, daily chemical materials and special chemicals in the medium and long term. The goal is to become an international first-class green chemical operation enterprise, with long-term planning for fluorine, silicon, high-performance materials, electronic chemicals and other emerging businesses. The development strategies of key business units are as follows:
1) Lithium ion battery materials:
Promote the research and development of the main substances of electrolyte and guarantee the self-produced supply; Improve safety, operation efficiency and process supply level, give full play to the cost advantage of the supply chain and maintain the market competitive advantage of electrolyte. At the same time, pay attention to new substances and formulas, form patent barriers, accelerate the global production capacity layout and intellectual property layout, and further maintain the core competitiveness of the world’s first supplier of electrolyte.
Promote cathode materials as the core business of lithium battery materials and establish the advantages of iron phosphate. Find market and customer opportunities through systematic research. The goal is to drive the business of beneficiation, lithium carbonate, lithium hydroxide, lithium iron phosphate and so on through the utilization of phosphorus, sulfur and fluorine resources, echelon utilization, battery recovery and material regeneration. So as to build a green recycling industrial chain of lithium battery recycling and improve the comprehensive competitiveness of lithium battery separation material business.
With the application of lithium battery organic chemicals as the core, promote special chemical platforms such as fluorine-containing polymers, fluorine-containing fine chemicals and polyacrylic acid aqueous binder as the flank business of lithium battery materials, gradually expand the application fields, and choose the opportunity to plan high-end engineering materials.
2) Daily chemical materials and special chemicals business
On the existing platform, adopt new processes of energy conservation, environmental protection and safety, and expand new application fields, from washing and care to cosmetics, skin care and other fields. Promote the improvement of the overall benefits of daily chemical system and realize the endogenous growth of daily chemical business. At the same time, keep up with the trend of green manufacturing, explore new fields of special materials, borrow the platforms and customers of existing companies, develop characteristic polymer and silicone products, establish systematic implementation schemes, and layout new growth points of special materials.
2. Organizational structure
(1) Governance structure
In strict accordance with the requirements of the company law, the securities law and other relevant laws and regulations, the company has established a perfect corporate governance structure, formed a decision-making, operation management and supervision system based on the general meeting of shareholders, the board of directors, the board of supervisors and the management, and formulated the articles of association, the rules of procedure of the general meeting of shareholders, the rules of procedure of the board of directors, the rules of procedure of the board of supervisors, the working rules of the general manager and other relevant systems, Clarify the responsibilities and authorities in decision-making, implementation and supervision, and form a scientific and effective division of responsibilities and check and balance mechanism.
In 2021, a total of 6 general meetings of shareholders, 17 meetings of the board of directors and 13 meetings of the board of supervisors were held. The convening procedures, voting methods and proposals adopted at each meeting were in accordance with the provisions of relevant laws.
(2) Internal organization
In combination with its own business characteristics and internal control requirements, the company sets up and continuously optimizes its organizational structure, including human resources department, procurement department, engineering department, finance department, quality operation Department, five business departments / groups (daily chemical materials and special chemicals business department, electrolyte business department, battery basic materials business Department, cathode materials business department, resource recycling business group), EHS, etc., and clearly defines the main responsibilities of each department, A working mechanism of performing their respective duties, responsibilities, mutual restriction and coordination has been formed, which has played a vital role in organizing production, expanding scale, improving quality, increasing efficiency and ensuring safety
3. Human resources
Human resources ensure the continuous supply of talents in line with business needs, realize the common development of talents and organizations, and promote the achievement of the company’s strategic objectives as the core mission, and constantly improve the salary and welfare management system, Tianci professional and technical qualification evaluation management system, professional system standard management system, Guangzhou Tinci Materials Technology Co.Ltd(002709) promotion management system, etc., in combination with recruitment and allocation, training and development Salary management system, establish a reasonable value evaluation system, and realize the selection, education, employment and retention of excellent talents.
In terms of human resources, during the reporting period, the company implemented the basic framework of refined talent management and sequence differentiation, shaped and implemented the training concept of “combination of training and war and replacing training with examination”, carried out customized development for key talents and trained a number of reserve talent echelons. The company has organized TMT training camp, the “Flying Eagle” training camp for heads of secondary and tertiary departments, EHS green training camp, cheetah training camp for team leaders, equipment sequence navigation assistance training camp, technical sequence Warhawk training camp, and women’s leadership theme focusing on the development of gifted women and talking about women’s strength; Carried out projects with the theme of “combination of training and war, replacing training with examination” such as quality QCC release competition, technical sequence Title Evaluation and skill appraisal of grass-roots employees; We will continue to optimize the training system for fresh students and redesign two training systems for trainees and technical trainees. The trainee system aims to cultivate high-quality management talents who can “sit down and write, stand up and speak, and bend down”. The technical trainee system aims to cultivate a group of practical skilled talents who can “lead the battle and practice”.
In the talent training project, the company continuously revitalizes the organizational talents and outputs a number of main trainers within the company, so as to solve the problems of training manpower and experience extraction and inheritance in the process of business development through the internal “talent” resources of the organization. In terms of talent development mechanism, the promotion mechanism was rebuilt and the Guangzhou Tinci Materials Technology Co.Ltd(002709) promotion management system was newly issued to sort out the promotion standards, so as to open up the internal vertical and horizontal interaction, cross module and cross sequence multi-channel development mechanism of internal employees, promote the improvement of employees’ ability and organizational vitality in both directions, and there are no restrictions on employees’ development.
4. Corporate culture
The company pays attention to cultivating the corporate culture with the core values of “customer first, integrity and innovation, striving and enterprising, and creating perfect quality”, constantly improves the publicity and management system of cultural construction, sets up cultural publicity Center, trade union, QCC Implementation Committee and other organizations, establishes cultural communication ambassadors, and creates a positive corporate cultural environment. In 2021, Tianci corporate culture was reshaped and a new corporate mission was established: green chemistry makes a low-carbon and beautiful life; Vision: provide systematic solutions, become the preferred partner for customers, provide competitive returns for employees and shareholders, create a safe and healthy working environment, become a good corporate citizen and grow together with the community. Corporate culture should be internalized in the heart and externalized in the form. In 2021, the logo of Tianci material enterprise was upgraded to make a breakthrough in innovative design on the basis of inheriting the essence of the previous generation of logo. The overall design reflects the “God given passionate enterprise spirit”, the industry attribute of intelligent innovation and the temperament of industry leaders with steady development.
5. Social responsibility
While paying attention to its own development, the company actively performs its social responsibility. Improve the quality of development from product quality, safe production, environmental protection, resource conservation, public welfare and other aspects, and promote the harmonious and sustainable development of enterprises and society.
(1) Standardized operation
The company has established and improved the product quality standard system, and has obtained ISO9001 quality management system certification, ISO14001 environmental management system certification, iso45001 occupational health and safety management system certification and iatf16949
