Securities code: Wuhu Conch Profiles And Science Co.Ltd(000619) securities abbreviation: Wuhu Conch Profiles And Science Co.Ltd(000619) Announcement No.: 202221 Wuhu Conch Profiles And Science Co.Ltd(000619) announcement on the proposed change of company name and securities abbreviation the company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Description of proposed change of company name and securities abbreviation
On March 25, 2022, the 17th meeting of the ninth board of directors of Wuhu Conch Profiles And Science Co.Ltd(000619) (hereinafter referred to as "the company") deliberated and adopted the proposal on changing the company's name and securities abbreviation, which needs to be submitted to the general meeting of shareholders of the company for deliberation. The details are as follows:
Items to be changed before and after change
Company name (Chinese): Wuhu Wuhu Conch Profiles And Science Co.Ltd(000619) Technology Co., Ltd. conch (Anhui) energy saving and environmental protection new material Co., Ltd
Conch （Anhui） Energy
Company name (English): Wuhu conch profiles and saving and environment
Science Co.,Ltd. Protection New Material
Co., Ltd.
Securities abbreviation (Chinese) Wuhu Conch Profiles And Science Co.Ltd(000619) conch new material
Conch profile conch new material
2、 Reasons for the proposed change of company name and securities abbreviation
In recent years, the company has earnestly implemented the new national development concept, complied with the national policy guidance of building energy conservation and environmental protection, and adhered to the road of green and low-carbon development. The company continues to strengthen product innovation, promote the transformation and upgrading of plastic profile products, and improve the energy-saving coefficient of products. The plastic doors and windows made by it have obvious advantages of energy conservation and environmental protection in the process of production, use and recycling. Actively expand Cecep Solar Energy Co.Ltd(000591) photovoltaic frame, bracket and other products to extend to the photovoltaic new energy industry chain. At the same time, the company has successfully entered the SCR denitration catalyst industry. This product is an environmental protection product for air pollution control encouraged by the state. It is the core product of the denitration technology most widely used in industry. It is one of the important means for the state to control the emission of nitrogen oxide pollutants from fixed sources such as thermal power plants, steel plants and cement plants and mobile sources such as automobiles.
At present, the company's products have gradually expanded from the early single plastic profile to the whole house customized products such as plastic profile, new aluminum, energy-saving doors and windows, ecological floor, ecological door and ecological home, SCR denitration catalyst, photovoltaic frame, photovoltaic support and other Cecep Solar Energy Co.Ltd(000591) photovoltaic supporting products. The industrial development has been further promoted around the dual main industries of new green building materials and new environmental protection materials. The revenue of transformed new products has increased by 37% year by year.
The proposed change of the company's name and securities abbreviation matches the company's main business, which is conducive to investors' accurate understanding of the company's industry positioning, improving the company's brand awareness and industry influence, in line with the company's overall development strategy in the future, and there is no case of using the change of name to affect the company's stock price and mislead investors, Comply with the relevant laws and regulations such as the company law, the securities law, the Listing Rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and the relevant provisions of the articles of association, comply with the fundamental interests of the company, and there is no damage to the interests of the company and minority shareholders.
3、 Opinions of independent directors
The independent directors carefully reviewed the relevant materials submitted by the company on changing the company's name and securities abbreviation and expressed the following independent opinions: the company's current business development direction can be better reflected by changing the company's name and securities abbreviation, the changed company name is more consistent with the company's current actual business and development strategy, and there is no case of using the change of company name to affect the company's share price and mislead investors, Comply with relevant laws, administrative regulations, departmental rules, normative documents and the relevant provisions of the articles of association of the company, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders. We agree to change the company's name and securities abbreviation, and agree to submit the above matters to the general meeting of shareholders of the company for deliberation.
4、 Description of other matters
1. The name of the company and the matters to be submitted to the shareholders' meeting for deliberation.
2. The company's securities code " Wuhu Conch Profiles And Science Co.Ltd(000619) " remains unchanged.
3. The company's proposed change of name has been pre approved by the market supervision and administration department, and the proposed change of company name and securities abbreviation has been reviewed by Shenzhen stock exchange without objection. The change of the company name and securities abbreviation still needs the final approval of the market supervision and administration department and Shenzhen Stock Exchange. The above matters are uncertain. Please pay attention to the investment risk.
5、 Documents for future reference
1. Resolutions of the 17th meeting of the ninth board of directors of the company;
2. Independent opinions of independent directors on matters related to the 17th meeting of the ninth board of directors. It is hereby announced.
Wuhu Conch Profiles And Science Co.Ltd(000619) board of directors March 26, 2022
