Shenyang Chemical Co.Ltd(000698) the board of supervisors reviewed the company’s proposal on the provision for impairment of long-term assets in 2021. In accordance with the standards for corporate governance of listed companies, the guidelines for standardized operation of listed companies of Shenzhen Stock Exchange and other relevant provisions, Shenyang Chemical Co.Ltd(000698) (hereinafter referred to as “the company”), the ninth board of supervisors reviewed the company’s proposal on the provision for impairment of long-term assets in 2021, and hereby issued the following opinions:
The company’s resolution procedure for withdrawing the provision for impairment of long-term assets is legal, based on sufficient basis, in line with the accounting standards for business enterprises and other relevant provisions, and in line with the actual situation of the company. After the provision for asset impairment is withdrawn this time, the financial statements of the company in 2021 can more fairly reflect the financial status and asset value of the company as of December 31, 2021, and it is agreed to withdraw the provision for asset impairment this time.
Shenyang Chemical Co.Ltd(000698) board of supervisors
March 29, 2002