Xinxiang Richful Lube Additive Co.Ltd(300910)
Work report of the board of directors in 2021
In 2021, the board of directors of the company actively and effectively carried out its work in strict accordance with the provisions and requirements of the company law, the securities law, the articles of association, the rules of procedure of the board of directors and other relevant laws, regulations and normative documents, and in the attitude of being responsible to the company and shareholders, earnestly performed its duties, implemented various resolutions of the general meeting of shareholders, safeguarded the interests of shareholders and the company, and continuously improved the level of corporate governance, Continuously improve the standardized operation ability of the company. The work report of the board of directors in 2021 is as follows:
1、 Overall operation of the company in 2021
In 2021, the company realized an operating revenue of 1081101500 yuan, an increase of 25.58% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 2010474 million yuan, an increase of 9.94% over the same period last year; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 196705800 yuan, an increase of 9.27% over the same period of the previous year.
2、 Daily work of the board of directors
The board of directors of the company has 9 directors, including 3 independent directors. The board of Directors consists of an audit committee, a remuneration and assessment committee, a strategy committee and a nomination committee. Each committee can exercise its functions in accordance with its rules of procedure, improve the level of corporate governance and continuously improve the company’s ability to standardize operation.
1. Operation of the board of directors
In 2021, the board of directors of the company held 9 meetings. The convening procedure, voting method and resolution content of the meeting comply with the provisions of relevant laws, regulations and the articles of association. The board of directors has fulfilled the rights and obligations conferred by the company law, the articles of association and the rules of procedure of the board of directors. The details are as follows:
Name, time and topic of the preliminary meeting
number
1. Proposal on prediction of daily connected transactions in 2021
The second board of directors 2. Proposal on the proposed renewal of accounting firm
1. The 10th meeting of the board of directors January 2021 3. Proposal on the appointment of senior managers
The first meeting was held on August 18
4. Proposal on changing securities affairs representative
5. Proposal on convening the first extraordinary general meeting of shareholders in 2021
1. Annual report on the company in 2020
2. Proposal on the work report of the board of directors in 2020
3. Proposal on the 2020 general manager’s work report of the company
4. Proposal on the company’s 2020 self-evaluation report on internal control 5. Proposal on the company’s 2020 final financial statement report
6. Proposal on the company’s 2020 profit distribution plan
The second board of directors 7. Proposal on applying for credit line from financial institutions
2 the 10th board of directors 2021 4
August 9 8. Proposal on the special report to the second meeting on the deposit and use of the company’s raised funds in 2020
9. Proposal on the special audit instructions for the occupation of non operating funds and other related capital transactions in 2020
10. Proposal on using bank acceptance bill, self owned foreign exchange or letter of credit to pay for raised investment projects and replacing them with raised funds in equal amount
11. Proposal on the proposed renewal of accounting firm
12. Proposal on change of accounting policies of the company
13. On general election of the board of directors and nomination of non independent directors of the third board of directors of the company
Proposal on candidates for directors
14. Proposal on general election of the board of directors and nomination of independent director candidates for the third board of directors of the company
15. Remuneration plan for directors and supervisors in 2021
16. Proposal on convening the 2020 annual general meeting of shareholders
The second board of directors April 2021
3. Proposal on the company’s report for the first quarter of 2021
Third meeting
1. Proposal on electing the chairman of the third board of directors of the company
2. Proposal on electing members of special committees of the third board of directors of the company 3. Proposal on reappointment of the general manager of the company
4. Proposal on the renewal of the Secretary of the board of directors of the company, May 4, 2021
7th Meeting
5. Proposal on renewing the employment of other senior managers of the company
6. Proposal on renewing the appointment of securities affairs representative of the company
7. Proposal on remuneration scheme for senior management of the company
1. Proposal on the company’s 2021 semi annual report and its summary
August 2, 2021 of the third board of directors: proposal on the 20th February report of the special 5 meeting on the deposit and use of raised funds in the half year of 2021
Meeting
3. Proposal on the appointment of senior managers
1. Proposal on the third quarter report of the company in 2021
2. Proposal on using part of the temporarily idle raised funds for cash management 3. Proposal on using part of the temporarily idle self owned funds for cash management 4. Proposal of the 3rd board of directors 4. Proposal of the 3rd 2021 of the 6th board of directors on Amending the Xinxiang Richful Lube Additive Co.Ltd(300910) articles of Association
22nd Meeting
5. Proposal on Amending the rules of procedure of Xinxiang Richful Lube Additive Co.Ltd(300910) shareholders’ meeting
6. Proposal on Revising the code of conduct for Xinxiang Richful Lube Additive Co.Ltd(300910) controlling shareholders and actual controllers
7. On Revision of Xinxiang Richful Lube Additive Co.Ltd(300910) General Manager
Proposal for detailed rules
8. Proposal on Amending the working rules of the Secretary of Xinxiang Richful Lube Additive Co.Ltd(300910) board of directors
9. Proposal on Amending Xinxiang Richful Lube Additive Co.Ltd(300910) information disclosure management system
10. Proposal on formulating the registration and management system for insiders of Xinxiang Richful Lube Additive Co.Ltd(300910) insider information
11. Proposal on the formulation of Xinxiang Richful Lube Additive Co.Ltd(300910) information disclosure suspension and exemption management system
12. Proposal on formulating the share management system for directors, supervisors and senior managers
13. Proposal on convening the second extraordinary general meeting of shareholders in 2021
1. Proposal on the company’s 2021 restricted stock incentive plan (Draft) and its summary
The third session of the board of directors 2. Proposal on the fourth December 2021 law of the company’s 2021 restricted stock incentive plan implementation assessment management office 7 Board
9th meeting
3. Proposal on requesting the general meeting of shareholders to authorize the board of directors to handle matters related to the company’s restricted stock incentive plan in 2021
4. Proposal on convening the third extraordinary general meeting of shareholders in 2021
1. Proposal on extension of some projects invested with raised funds
December 2, 2021 of the third board of directors: proposal on the construction of a series of lubricating oil additive products with an annual output of 150000 tons and the use of some over raised funds on May 24 of the 8th meeting
Meeting
3. Proposal on convening the first extraordinary general meeting of shareholders in 2022
The third board of directors December 1, 2021. Proposal on granting the restricted stock incentive plan in 2021 to the incentive objects of the restricted stock incentive plan for the first time on June 30 of the restricted 9 board of directors
Meeting
2. Implementation of resolutions of the general meeting of shareholders by the board of directors
In 2021, the board of directors proposed to convene four general meetings of shareholders.
The directors of the company earnestly implement the resolutions adopted by the general meeting of shareholders in accordance with the resolutions and authorization of the general meeting of shareholders.
Name, time and topic of the preliminary meeting
number
2021 February 1, 2021 proposal on the prediction of daily connected transactions in 2021
1. The first interim on March 3 2. Proposal on the proposed renewal of accounting firm
The general meeting of shareholders
1. Proposal on 2020 annual report of the company and its summary 2. Proposal on 2020 annual report of the board of directors
3. Proposal on the work report of the board of supervisors in 2020
4. Proposal on the company’s 2020 final financial report
5. Proposal on the company’s 2020 profit distribution plan
2020 May 6, 2021 proposal on the proposed renewal of accounting firm
2. Proposal on general election of the board of directors and nomination of candidates for non independent directors of the third board of directors of the company
