Xinxiang Richful Lube Additive Co.Ltd(300910)
Work report of the board of supervisors in 2021
Xinxiang Richful Lube Additive Co.Ltd(300910) (hereinafter referred to as “the company”) during the reporting period, the board of supervisors actively and effectively carried out its work in strict accordance with the company law, the securities law, the articles of association, the rules of procedure of the board of supervisors and other relevant provisions, with an attitude of being responsible to the shareholders and the company, and the convening procedures and resolutions of the previous general meetings of shareholders and the board of directors of the company, as well as the implementation of the resolutions of the general meeting of shareholders by the board of directors of the company, And the performance of duties by the company’s senior managers, earnestly performed the functions and powers conferred by relevant laws and regulations, and effectively safeguarded the interests of the company and shareholders’ rights and interests. The main work report of the board of supervisors in 2021 is as follows:
1、 Meetings of the board of supervisors
During the reporting period, the board of supervisors of the company held 9 meetings, and the convening and voting procedures of the meetings were in line with the provisions of the company law, the articles of association and other laws, regulations and normative documents. The details are as follows:
Name, time and topic of the preliminary meeting
number
1. On January 1, 2021, the second board of supervisors, the proposal on the prediction of daily connected transactions in 2021
6th meeting 18
1. Proposal on 2020 annual report of the board of supervisors
3. Proposal on the company’s 2020 internal control self evaluation report
4. Proposal on the company’s 2020 final financial report
2. The second board of supervisors in April 2021
On September 5, the 7th meeting, the proposal on the company’s 2020 profit distribution plan
6. Proposal on applying for credit line from financial institutions
7. Proposal on the special report on the deposit and use of the company’s raised funds in 2020
8. Proposal on the special audit instructions for the occupation of non operating funds and other related capital transactions in 2020
9. 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
10. Proposal on the proposed renewal of accounting firm
11. Proposal on change of accounting policies of the company
12. Proposal on the general election of the board of supervisors and the nomination of candidates for the third session of non employee supervisors
13. Remuneration plan for directors and supervisors in 2021
3. The second session of the board of supervisors on April 1, 2021. Proposal on the company’s report for the first quarter of 2021
8th meeting 23
4. The third board of supervisors may 1, 2021. Proposal on the election of the chairman of the third board of supervisors of the company
1st meeting 7
1. Proposal of the third session of the board of supervisors in August 2021 on the company’s semi annual report in 2021 and its summary
5 second meeting 20
2. Proposal on the company’s special report on the deposit and use of raised funds in the half year of 2021
1. Proposal on the third quarter report of the company in 2021
2. Proposal of the 3rd board of supervisors on cash management by using some temporarily idle raised funds in October 2021
3rd meeting 22 June
3. Proposal on using part of temporarily idle self owned funds for cash management
4. Proposal on the election of non employee representative supervisors of the third board of supervisors
1. Proposal on Xinxiang Richful Lube Additive Co.Ltd(300910) 2021 restricted stock incentive plan (Draft) and its summary
7. December 2, 2021 of the third session of the board of supervisors. Proposal on the measures for the administration of the assessment of the implementation of institutional stock incentive plan on the 9th day of the fourth meeting of Xinxiang Richful Lube Additive Co.Ltd(300910) 2021
3. List of incentive objects for the first time in 2020
1. Proposal on extension of some projects invested with raised funds
8 the third board of supervisors December 2021
On February 24, the 5th meeting 2. 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 for construction
9. The third board of supervisors December 1, 2021. Proposal on granting restricted shares to the incentive objects of the 2021 restricted stock incentive plan at the sixth meeting on December 30, 2021
2、 Opinions of the board of supervisors on relevant matters of the company in 2021
During the reporting period, the board of supervisors of the company comprehensively supervised the company’s legal operation, financial status and the performance of duties of senior managers in strict accordance with relevant laws and regulations, normative documents and the articles of association, and issued the following audit opinions on the relevant situation of the company during the reporting period:
(I) legal operation of the company
In 2021, the members of the board of supervisors of the company attended or attended 9 meetings of the board of directors and 4 meetings of the general meeting of shareholders of the company, and strictly supervised the decision-making procedures of the company and the performance of directors and senior managers of the company.
The board of supervisors held that the convening, convening and decision-making procedures of the board of directors and the general meeting of shareholders of the company comply with the company law, the securities law, the articles of association and other relevant provisions, the contents of relevant resolutions are legal and effective, and the company has not been found to have illegal business practices. The directors and senior managers of the company can faithfully and diligently perform their duties in accordance with relevant national laws, regulations, normative documents and the articles of association. During the reporting period, the board of supervisors did not find that the directors and senior managers of the company violated laws, regulations, normative documents and the articles of association or damaged the interests of the company when performing their duties.
(II) financial situation of the company
During the reporting period, with the attitude of being responsible to all shareholders, the board of supervisors carefully and carefully supervised and inspected the company’s financial situation. The board of supervisors believed that the company’s financial system was sound, the operation was standardized, and the internal audit work was continuously strengthened. The preparation and review procedures of the board of directors for periodic reports comply with the provisions of relevant laws and administrative regulations. The company’s 2021 financial report truly and objectively reflects the company’s financial situation and operating results. Zhonghui certified public accountants has issued a standard unqualified audit report.
(III) acquisition and sale of assets by the company
During the reporting period, the board of supervisors of the company inspected the acquisition and sale of assets of the company. The board of supervisors believed that there was no acquisition or sale of assets of the company during the reporting period.
(IV) external guarantees and related party transactions
During the reporting period, there was no case that the controlling shareholders and other related parties illegally occupied the company’s funds: there was no case that the funds were directly or indirectly provided to related parties for use.
3、 2022 work plan of the board of supervisors
In 2022, the board of supervisors of the company will continue to expand its work areas, highlight the key points of supervision and inspection and faithfully perform its duties in strict accordance with relevant national laws, regulations, normative documents and the articles of association, with scientific development as the guidance, financial supervision as the core, current supervision as the focus, system construction as the guarantee, team construction as the basis, standardized supervision as the goal and development as the foundation, Further promote the standardized operation of the company, earnestly shoulder the responsibility of safeguarding shareholders’ rights and interests, further give play to the due role of the board of supervisors, and promote the sustainable, stable and healthy development of the company.
Xinxiang Richful Lube Additive Co.Ltd(300910) board of supervisors April 12, 2022
