Securities code: Safbon Water Service (Holding) Inc.Shanghai(300262) securities abbreviation: Safbon Water Service (Holding) Inc.Shanghai(300262) Announcement No.: 2022015 Safbon Water Service (Holding) Inc.Shanghai(300262)
Announcement of resolutions of the 26th meeting of the 4th board of supervisors
The company and all members of the board of supervisors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
Safbon Water Service (Holding) Inc.Shanghai(300262) (hereinafter referred to as “the company”) the 26th meeting of the 4th board of supervisors was notified to all supervisors in writing and e-mail on April 2, 2022, and held by means of communication voting on April 6, 2022. Three supervisors should be present at the meeting, and three supervisors actually participated in the meeting, which is in line with the quorum for convening the meeting of the board of supervisors. The meeting was presided over by Ms. Zhao Hui, chairman of the board of supervisors of the company. The meeting was held in accordance with the relevant provisions of the company law and the articles of association.
2、 Deliberation at the meeting of the board of supervisors
After careful deliberation by the supervisors attending the meeting, the meeting adopted the following resolutions:
(I) deliberated and passed the proposal on signing the equity pledge agreement with China Galaxy Securities Co.Ltd(601881) Asset Management Co., Ltd
On September 30, 2021, the company signed the main guarantee contract “debt restructuring contract” with China Galaxy Securities Co.Ltd(601881) Asset Management Co., Ltd. (hereinafter referred to as “Galaxy assets”) with the number of galaxy-zbsc-2021-a-02-011.
At the request of Galaxy assets, the company provides pledge guarantee for the above debt restructuring contract with 29.5% equity of Jiangxi Pohu low carbon environmental protection Co., Ltd. (hereinafter referred to as “Pohu environmental protection”), signs the equity pledge agreement numbered galaxy-zbsc-2022-a-02-001, agrees and approves all the contents of the above equity pledge agreement. For details, please refer to the announcement on signing equity pledge agreement and equity pledge of subsidiaries (Announcement No.: 2022016) published on cninfo.com on the same day.
Voting results: 2 in favor, 1 against and 0 abstention.
Mr. Chen Xing, the supervisor, raised an objection. The objection reason: the company has pledged the accounts receivable of Pohu environmental protection and its six plants to Galaxy assets. Now Galaxy assets requires equity pledge. This matter needs more discussion and negotiation. I think the current scheme is inappropriate.
This proposal still needs to be submitted to the general meeting of shareholders for deliberation.
3、 Documents for future reference
1. Resolution of the 26th meeting of the 4th board of supervisors
It is hereby announced.
Safbon Water Service (Holding) Inc.Shanghai(300262) board of supervisors April 6, 2022
