Guangzhou Hengyun Enterprises Holdings Ltd(000531)
Work report of the board of supervisors in 2021
The company and all members of the board of supervisors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
In 2021, the board of supervisors of the company conscientiously performed various duties of the board of supervisors in strict accordance with the provisions of the company law, the securities law, the articles of association and other laws and regulations and the requirements of the regulatory authorities, and with the attitude of being responsible to shareholders. In this year, the board of supervisors held 5 meetings, attended 5 shareholders’ meetings and 14 directors’ meetings as nonvoting delegates, reviewed the company’s periodic reports, and supervised the convening and decision-making procedures of shareholders’ meetings and the board of directors. Supervised and reviewed the company’s legal operation, financial status, related party transactions, and the performance of duties by directors and senior managers. 1、 Meetings of the board of supervisors
1. On March 5, 2021, the company held the 29th meeting of the 8th board of supervisors. The meeting deliberated and adopted the proposal on the change of the board of supervisors of the company.
2. On March 22, 2021, the company held the first meeting of the ninth board of supervisors. The meeting deliberated and adopted the proposal on electing the chairman of the ninth board of supervisors of the company.
3. On April 1, 2021, the company held the second meeting of the ninth board of supervisors. The meeting deliberated and approved the work report of the board of supervisors in 2020, the annual report of the company in 2020 and its summary, the financial report of the company in 2020, the profit distribution plan of the company in 2020, the financial budget plan of the company in 2021, the proposal on changing enterprise accounting policies, the self-evaluation report of the company’s internal control in 2020, etc.
4. On April 29, 2021, the company held the third meeting of the ninth board of supervisors. The report of the company for the first quarter of 2021 was reviewed and approved by means of communication voting at the meeting.
5. On August 27, 2021, the company held the fourth meeting of the ninth board of supervisors. The meeting deliberated and adopted the company’s 2021 semi annual report and its summary.
6. On October 29, 2021, the company held the fifth meeting of the ninth board of supervisors. The report of the company for the third quarter of 2021 was reviewed and approved by means of communication voting at the meeting.
2、 The board of supervisors shall supervise and express opinions on important matters
1. Legal operation of the company
During the reporting period, the board of directors and the management team of the company were not found to have violated the company law, the securities law and other relevant laws and regulations, the articles of association or other acts damaging the interests of the company. The directors, managers and other senior managers of the company can do their best to fulfill their duties, be diligent, honest and work hard.
2. Financial situation of the company
The company’s quarterly report, semi annual report, annual report and other regular reports truly, objectively and accurately reflect the company’s financial situation, operating results and cash flow. ShineWing Certified Public Accountants issued a standard unqualified audit report for the company’s 2021 financial report.
3. Internal control
The board of supervisors of the company reviewed and approved the self-evaluation report on internal control of the company in 2021. It is considered that the self-evaluation of the company’s internal control meets the requirements of the basic norms of enterprise internal control, the supporting guidelines for enterprise internal control, the guidelines for self-discipline supervision of listed companies No. 1 – standardized operation of listed companies on the main board of Shenzhen Stock Exchange and other relevant documents jointly issued by the Ministry of finance, CSRC and other departments, and the overall evaluation of internal control is objective and accurate. The board of directors reviewed and approved the 2021 internal control evaluation report of the company, and the board of supervisors had no objection to the 2021 internal control evaluation report of the company. 4. Use of funds raised by the company
During the reporting period, the company successively issued the first phase of medium-term notes in 2021, the second phase of medium-term notes in 2021, the first phase of ultra short financing bonds in 2021 and the second phase of ultra short financing bonds in 2021. The company uses the raised funds in strict accordance with the purpose of relevant commitments, and the use and management of the raised funds comply with relevant regulations.
5. Change of enterprise accounting policy
On December 7, 2018, the Ministry of Finance revised and issued the accounting standards for Business Enterprises No. 21 – leasing (hereinafter referred to as “new leasing standards”) (CK [2018] No. 35), which requires enterprises listed at home and abroad and enterprises listed abroad and preparing financial statements using international financial reporting standards or enterprise accounting standards to be implemented as of January 1, 2019; Other enterprises that implement the accounting standards for business enterprises shall be implemented as of January 1, 2021.
According to the provisions of the above accounting standards and in combination with its own specific conditions, the company will implement the above new leasing standards and make corresponding changes to relevant accounting policies from January 1, 2021.
The board of supervisors believes that the change of accounting policies is a reasonable change in accordance with the accounting standards and other relevant provisions revised by the Ministry of finance, which is in line with the actual situation of the company, the relevant decision-making procedures are in line with the relevant laws and regulations and the articles of association, and there is no damage to the interests of the company and shareholders; This change will not have a significant impact on the company’s financial statements. Therefore, the board of supervisors of the company agreed to the change of the company’s accounting policy.
7. Acquisition and sale of assets by the company
During the reporting period, the decision-making procedures for major asset acquisition, sale projects and major investment projects carried out by the company were legal, the transaction price was fair and reasonable, which was conducive to the sustainable development of the company, and there was no insider trading and damage to the interests of shareholders.
8. Related party transactions of the company
During the reporting period, the decision-making procedures of the company’s related party transactions were in line with the provisions of the company law and other relevant laws and regulations, and the decision-making procedures and relevant provisions of related party transactions were strictly implemented. The price was fair and the transaction was fair, in line with the principle of Marketization, without insider trading and damaging the interests of the company and shareholders.
9. Establishment and implementation of insider information management system by the company
In accordance with relevant laws and regulations, the board of directors of the company formulated the management system for the registration of insiders of inside information, and registered the relevant insiders of all links before the disclosure of inside information. No insider trading was found.
3、 Main work of the board of supervisors in 2022
In 2022, the board of supervisors of the company will continue to faithfully perform various statutory supervision functions and promote the sustainable, healthy and stable development of the company. All members of the board of supervisors will further strengthen their study of relevant laws and regulations, deepen their understanding of the company’s business, strive to improve their ability and level of performing their duties, supervise and promote the standardized operation of the company, and earnestly safeguard the interests of the company and the legitimate rights and interests of all shareholders.
It is hereby announced.
Guangzhou Hengyun Enterprises Holdings Ltd(000531) board of supervisors
April 9, 2022
