Securities abbreviation: Cosco Shipping Holdings Co.Ltd(601919) securities code: Cosco Shipping Holdings Co.Ltd(601919) No.: 2022009
Cosco Shipping Holdings Co.Ltd(601919)
Announcement of resolutions of the 8th meeting of the 6th board of supervisors
The board of supervisors and all supervisors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents The 8th meeting of the 6th board of supervisors of Cosco Shipping Holdings Co.Ltd(601919) (hereinafter referred to as ” Cosco Shipping Holdings Co.Ltd(601919) ” or “the company”) was held in conference room 378, dongdaming Road, Shanghai in the form of on-site and video conference on March 30, 2022. The meeting should be attended by five supervisors, and five supervisors actually attended. The meeting was presided over by Yang Shicheng, chairman of the board of supervisors. The notice and materials of the meeting have been distributed to all supervisors in advance in accordance with the provisions of the articles of association. The convening of the meeting complies with the provisions of laws and regulations and the articles of association. After voting, the following proposals were unanimously adopted at the meeting: 1. The annual report of Cosco Shipping Holdings Co.Ltd(601919) 2021 (A shares / H shares), the summary of Cosco Shipping Holdings Co.Ltd(601919) 2021 annual report (A shares) and the annual performance announcement of Cosco Shipping Holdings Co.Ltd(601919) 2021 (H shares) were deliberated and adopted.
Voting results: 5 in favor, 0 against and 0 abstention.
The board of supervisors believes that:
1. The preparation and review procedures of the company’s 2021 annual report comply with laws, regulations, the articles of association and various provisions of the company’s internal management system.
2. The content and format of the company’s 2021 annual report comply with the provisions of the China Securities Regulatory Commission, the Shanghai Stock Exchange and the stock exchange of Hong Kong Limited. The content is true, accurate and complete. The information contained can truly reflect the company’s operation, management and financial status from all aspects, and there are no false records, misleading statements or major omissions.
3. It is not found that the personnel involved in the preparation and review of the company’s 2021 annual report have violated the confidentiality provisions.
2、 The financial report and audit report of Cosco Shipping Holdings Co.Ltd(601919) 2021 prepared in accordance with the accounting standards for business enterprises and Hong Kong financial reporting standards were reviewed and approved. It is agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
Voting results: 5 in favor, 0 against and 0 abstention.
The company’s domestic auditor ShineWing Certified Public Accountants (special general partnership) and overseas auditor Luo Bingxian Yongdao Certified Public Accountants issued standard unqualified audit reports on the company’s 2021 financial report respectively.
The annual audit report of Cosco Shipping Holdings Co.Ltd(601919) 2021 is disclosed online at the same time.
3、 The profit distribution plan for Cosco Shipping Holdings Co.Ltd(601919) 2021 was reviewed and approved.
Voting results: 5 in favor, 0 against and 0 abstention.
The profit distribution plan of the company in 2021 is: cash dividend of 0.87 yuan per share (including tax). Based on the total share capital of 16014125710 shares of the company by the end of 2021, a total cash dividend of 13.932 billion yuan was distributed, which is 15.6% of the net profit attributable to shareholders of the listed company realized by the company in 2021 and 50.15% of the distributable profit of the parent company in 2021. If the total share capital of the company changes from the beginning of 2022 to the date of equity distribution, the total amount of distribution shall be adjusted based on the total number of shares registered on the date of equity registration.
For details, please refer to the announcement of Cosco Shipping Holdings Co.Ltd(601919) 2021 annual profit distribution plan (Announcement No.: 2022010). It is agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
The board of supervisors believes that the profit distribution plan of the company in 2021 complies with the provisions of relevant laws and regulations and the articles of association, and the decision-making process is legal and standardized, which is conducive to promoting the sustainable development of the company and in line with the overall interests of all shareholders. It is agreed to submit the plan to the 2021 annual general meeting of shareholders of the company for deliberation.
4、 Deliberated and adopted the evaluation report on internal control in Cosco Shipping Holdings Co.Ltd(601919) 2021.
Voting results: 5 in favor, 0 against and 0 abstention.
The board of supervisors believes that:
The internal control evaluation report of Cosco Shipping Holdings Co.Ltd(601919) 2021 truly reflects the basic situation of the company’s internal control. The company has established a relatively sound internal control system and formulated a relatively perfect and reasonable internal control system, which meets the requirements of relevant national regulations and securities regulatory departments.
5、 The proposal on the appointment of domestic and foreign auditors in Cosco Shipping Holdings Co.Ltd(601919) 2022 was deliberated and adopted.
Voting results: 5 in favor, 0 against and 0 abstention.
It is agreed to renew ShineWing Certified Public Accountants (special general partnership) as the domestic auditor of the company in 2022 and Luo Bingxian Yongdao certified public accountants as the overseas auditor of the company in 2022. It is agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, see Cosco Shipping Holdings Co.Ltd(601919) announcement on the renewal of accounting firm (Announcement No.: 2022012).
6、 The proposal on adjusting the accounting estimate of the estimated net salvage value of ships and containers was deliberated and passed
Voting results: 5 in favor, 0 against and 0 abstention.
The board of supervisors believes that the change of the company’s accounting estimates combines the actual situation of the company, complies with the relevant provisions of the accounting standards for business enterprises, can more appropriately reflect the company’s financial situation and operating results, and provide more reliable and relevant accounting information. The decision-making procedure shall comply with the relevant provisions of relevant laws and regulations. There is no situation that damages the interests of shareholders and the company. Agree to the change of accounting estimates of the company.
See Cosco Shipping Holdings Co.Ltd(601919) announcement on changes in accounting estimates (Announcement No.: 2022013) for details. 7、 Deliberated and adopted the work report of the board of supervisors for Cosco Shipping Holdings Co.Ltd(601919) 2021.
The board of supervisors has no objection to the supervision matters during the reporting period. The company agreed to submit the 2021 proposal to the general meeting of shareholders for deliberation.
Voting results: 5 in favor, 0 against and 0 abstention.
8、 The 2022 work plan of Cosco Shipping Holdings Co.Ltd(601919) board of supervisors was reviewed and approved.
Voting results: 5 in favor, 0 against and 0 abstention.
It is hereby announced. Documents for future reference: Cosco Shipping Holdings Co.Ltd(601919) supervisor’s confirmation opinions on the company’s 2021 Annual Report
Cosco Shipping Holdings Co.Ltd(601919) board of supervisors March 30, 2022
