Securities code: Gpro Titanium Industry Co.Ltd(000545) securities abbreviation: Gpro Titanium Industry Co.Ltd(000545) Announcement No.: 2022032 Gpro Titanium Industry Co.Ltd(000545)
Announcement on investment and establishment of wholly-owned subsidiaries by subsidiaries
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without any false records, misleading statements or major omissions.
Gpro Titanium Industry Co.Ltd(000545) (hereinafter referred to as "the company") held the 28th meeting of the 7th board of directors on April 8, 2022, deliberated and adopted the proposal on investment and establishment of wholly-owned subsidiaries by subsidiaries, It is agreed that the wholly-owned subsidiary Nanjing titanium dioxide Chemical Co., Ltd. (hereinafter referred to as "Nanjing titanium dioxide") will invest in the establishment of a wholly-owned subsidiary Anhui new energy technology development Co., Ltd. (tentative name) (hereinafter referred to as "Anhui new energy"). The details are hereby announced as follows:
1、 Overview of investment
On March 28, 2022, the company issued the announcement on signing the strategic cooperation framework agreement with the Management Committee of Anhui (Huaibei) new coal chemical synthetic material base and building the new energy battery material integration project. It plans to build 200000 t / a battery grade iron phosphate, 200000 t / a lithium iron phosphate and other new energy battery material integration projects in Anhui (Huaibei) new coal chemical synthetic material base. In order to promote the implementation of the above new energy projects, Nanjing titanium dioxide, a wholly-owned subsidiary of the company, plans to invest with its own funds to establish Anhui new energy technology development Co., Ltd. (tentative name), with a registered capital of 400 million yuan.
The capital of this foreign investment comes from the company's own funds, does not involve related party transactions, does not belong to venture capital, and does not constitute a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies. According to the Listing Rules of Shenzhen Stock Exchange, the articles of association and other relevant provisions, this investment does not need to be submitted to the general meeting of shareholders for approval.
2、 Basic information of the company to be invested and established
1. Company name: Anhui new energy technology development Co., Ltd. (tentative name)
2. Company type: limited liability company
3. Registered address: Huaibei City, Anhui Province
4. Legal representative: Peng anzheng
5. Registered capital: 400 million yuan
6. Business scope: production and sales of iron phosphate, lithium iron phosphate, sulfuric acid, electronic chemicals, phosphoric acid, monoammonium phosphate and other chemical products and raw materials, production and sales of ammonium sulfate, gypsum (products) and other by-products, research and development of new energy materials, technical consulting and technical services.
7. Equity structure: Nanjing titanium dioxide, a wholly-owned subsidiary, holds 100% equity of Anhui new energy. The above information shall be subject to the final approval of the market supervision and administration department.
8. Mode and source of capital contribution: this investment is invested in the form of monetary capital, which is paid in installments according to the capital needs of the project; The source of funds is the company's own funds.
3、 Investment purpose and impact on the company
The company actively responded to the national dual carbon goal, invested and established a wholly-owned subsidiary this time, and made great efforts to promote the implementation of the company's 200000 t / a battery grade iron phosphate, 200000 t / a lithium iron phosphate and other new energy battery material integration projects in Anhui (Huaibei) new coal chemical synthetic material base, which is in line with the direction of national industrial policies, the company's overall strategic development and business planning, and is conducive to improving the company's comprehensive strength and profitability, It is conducive to improving the sustainable development ability of the company and has positive significance for the long-term and steady development of the company.
This foreign investment is invested by Nanjing titanium white's own funds, which will not have an adverse impact on the company's financial situation and operating results. There is no behavior that damages the interests of listed companies, and there is no situation that damages the legitimate interests of shareholders of the company, especially small and medium-sized shareholders.
4、 Risk tips
The establishment of a wholly-owned subsidiary by this investment needs to be approved by the administrative department for Industry and commerce; After the establishment of the new company, the operation process may face the influence of macroeconomic, industry environment, market changes and other factors, and there are certain market risks and operation and management risks. The company will pay close attention to the establishment and progress of subsidiaries, actively prevent and respond to various risks that may be faced in the development of subsidiaries, and timely perform the obligation of information disclosure in strict accordance with the requirements of relevant laws, regulations and normative documents.
5、 Documents for future reference
Resolution of the 28th meeting of the 7th board of directors
It is hereby announced.
Gpro Titanium Industry Co.Ltd(000545)
Board of directors April 8, 2002
