Loctek Ergonomic Technology Corp(300729) : work report of the board of supervisors in 2021

Loctek Ergonomic Technology Corp(300729)

Work report of the board of supervisors in 2021

Loctek Ergonomic Technology Corp(300729) (hereinafter referred to as “the company”) the board of supervisors will strictly abide by it in 2021

The company law, securities law and other laws and regulations, as well as the articles of association, rules of procedure of the board of supervisors and other regulations

In accordance with the provisions of the system, be diligent and responsible, perform their duties independently, and be responsible for the company’s legal operation, financial situation, production and operation

And the implementation of the company’s management system. Attended and attended the board meeting held by the company in accordance with the law

The board of directors and the general meeting of shareholders shall actively and effectively carry out their work, and shall be responsible for the operation of the company according to law and the directors and senior management of the company

Supervise the performance of duties by personnel to ensure the standardized operation of the company according to law.

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

According to the relevant provisions of the company law and the articles of association, the board of supervisors of the company has three supervisors, including the employee supervisor

One in charge. The number and composition of the board of supervisors meet the requirements of relevant laws and regulations. During the reporting period, the board of supervisors held a total of meetings

12 meetings were held. The details are as follows:

No. name of the meeting time of the meeting

1. Deliberated and passed the proposal on the company meeting the conditions for issuing shares to specific objects;

2. Deliberated and passed the proposal on the company’s plan to issue shares to specific objects;

3. The proposal on the company’s stock issuance plan to specific objects was deliberated and adopted;

4. Deliberated and passed the proposal on the demonstration and analysis report on the issuance of shares by the company to specific objects;

5. The proposal on related party transactions involved in the issuance of shares to specific objects was deliberated and adopted;

6. The proposal on signing the share subscription agreement with effective conditions between the company and specific objects was deliberated and adopted

Case;

The fourth session of supervisors 7. Deliberated and approved the proposal of the 19th session of the 1st board of directors on January 12, 2021 on the feasibility analysis report on the use of funds raised by the company issuing shares to specific objects;

On August 8, the meeting deliberated and passed the proposal on the establishment of a special storage account for funds raised by issuing shares to specific objects;

9. Deliberated and passed the proposal on the special report on the use of the company’s previously raised funds;

10. The proposal on diluting the immediate return and filling measures for the issuance of shares to specific objects and the commitments of relevant subjects were deliberated and adopted;

11. The proposal on formulating the plan for shareholders’ dividend return in the next three years (20212023) was reviewed and approved;

12. The proposal on the weighted average return on net assets and non recurring income statement of the company in recent three years was deliberated and passed;

13. The proposal on requesting the general meeting of shareholders to authorize the board of directors to fully handle matters related to the issuance of shares to specific objects was deliberated and adopted;

14. The proposal on providing loans to associated enterprises and related party transactions was deliberated and adopted;

15. The proposal on Loctek Ergonomic Technology Corp(300729) phase I employee stock ownership plan (Draft) and its summary was deliberated and adopted;

16. Deliberated and passed the proposal on the management measures of the company’s phase I employee stock ownership plan;

17. The proposal on establishing a wholly-owned subsidiary was deliberated and adopted;

18. The proposal on signing the project investment contract with the people’s Government of Hepu County, Guangxi Province was deliberated and adopted

Case;

19. The proposal on convening the first extraordinary general meeting of shareholders in 2021 was reviewed and adopted.

1. The proposal on the revised draft of the 4th Supervisor (Draft) of Loctek Ergonomic Technology Corp(300729) phase I employee stock ownership plan and its summary was deliberated and adopted;

2. On February 5, 2021, the 20th session of the board of directors deliberated and adopted the proposal on the measures for the management meeting of Loctek Ergonomic Technology Corp(300729) phase I employee stock ownership plan (Revised Version);

3. The proposal on employing the trust institution of phase I employee stock ownership plan and signing the trust contract was reviewed and approved.

On March 22, 2021, the 4th board of supervisors deliberated and approved the proposal on related party transactions involved in the issuance of shares to specific objects;

On the 21st day of the meeting, the proposal on the supplementary agreement meeting on the signing of the stock subscription agreement with effective conditions between the company and specific objects was deliberated and adopted.

1. Deliberated and passed the proposal on the work report of the board of supervisors in 2020;

2. The proposal on the 2020 annual report and its summary was deliberated and adopted;

3. Deliberated and passed the proposal on the financial final accounts report of 2020;

4. The proposal on 2020 profit distribution plan was reviewed and approved;

5. Deliberated and passed the proposal on the self-evaluation report on internal control in 2020;

6. The special report on the deposit and use of raised funds in 2020 was considered and adopted

Case;

7. Deliberated and passed the proposal on the special audit statement on the occupation of funds by the company’s controlling shareholders and other related parties;

On April 16 and 8, 2021, the 4th supervisor deliberated and passed the proposal on the renewal of accounting firm;

4. On the 22nd day of the meeting, the proposal on the provision for asset impairment was deliberated and adopted;

10. The meeting deliberated and adopted the proposal on providing guarantee line for subsidiary companies applying for bank credit line

Case;

11. The proposal on the prediction of the company’s daily connected transactions in 2021 was reviewed and approved;

12. The proposal on the application of the company and its subsidiaries to the bank for comprehensive credit line in 2021 was reviewed and approved;

13. The proposal on the change of accounting policies of the company was reviewed and approved;

14. Deliberated and passed the proposal on the remuneration scheme of the company’s supervisors in 2021;

15. The proposal on written confirmation of the company’s 2020 annual report and summary was deliberated and adopted; 16. The proposal on continuing foreign exchange hedging business was deliberated and adopted;

17. The proposal on purchasing liability insurance for directors, supervisors and senior managers of the company was deliberated and adopted

Case;

18. The proposal on the company’s 2020 social responsibility report was deliberated and adopted;

19. Deliberated and passed the proposal on the special report on the use of the company’s previously raised funds;

20. The proposal on the weighted average return on net assets and non recurring income statement of the company in 2020 was reviewed and approved.

1. Deliberated and passed the proposal on adjusting the company’s stock issuance plan to specific objects;

The 4th session of supervisors 2. Deliberated and approved the proposal on the company’s stock issuance plan (Revised Draft) to specific objects;

5. On April 21, 2021, the 23rd session of the board of directors deliberated and adopted the day proposal of the meeting on the demonstration and analysis report (Revised Draft) on the issuance of shares by the company to specific objects;

4. The proposal on the feasibility analysis report on the use of funds raised by issuing shares to specific objects (Revised Draft) was deliberated and adopted.

The fourth supervisor April 23, 2021

6. On the 24th day of the meeting, 1. The proposal on the company’s report for the first quarter of 2021 was deliberated and adopted.

Meeting

1. The proposal on adjusting the repurchase price and quantity of restricted stock incentive plan in 2018 was considered and adopted

Case;

2. The proposal on the unlocking conditions of the third unlocking period of the 2018 restricted stock incentive plan to achieve the fourth supervisor on June 21, 2021 was deliberated and adopted;

7. 3. On the 25th day of the meeting, the second meeting on repurchase and cancellation of the remaining unsolicited restrictions of the 2018 restricted stock incentive plan was deliberated and approved