Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209)
Work report of the board of supervisors in 2021
In 2021, the board of supervisors of Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) (hereinafter referred to as “the company”) conscientiously performed the duties of the board of supervisors in strict accordance with the relevant provisions of the company law and the articles of association. The members of the board of supervisors attended all the general meetings of shareholders and meetings of the board of directors in 2021, participated in the discussion of major decision-making matters of the company, reviewed the regular reports of the company, and discussed the convening and decision-making procedures of the general meeting of shareholders and the board of directors of the company, The board of directors supervised the implementation of the resolutions of the general meeting of shareholders, the performance of the company’s senior managers and the implementation of the company’s management system, and safeguarded the legitimate rights and interests of the company and shareholders.
The main work in 2021 is described as follows:
1、 Meetings of the board of supervisors
In 2021, the board of supervisors of the company held five meetings of the board of supervisors, and the convening, convening and voting procedures of the meetings were in line with the provisions of the company law and the articles of association. The details are as follows:
Meeting time and matters
Proposal on withdrawing provision for asset impairment of the 5th board of supervisors on February 25, 2021
Tenth meeting
Proposal on the work report of the board of supervisors in 2020
Proposal on the work report of the general manager in 2020;
Proposal on 2020 financial final accounts report;
Proposal on financial budget report of 2021;
Proposal on 2020 profit distribution plan;
Self evaluation report on internal control in 2020;
Proposal of the 11th meeting of the 5th board of supervisors on formulating the shareholder return plan for the next three years (20212023) on April 15, 2021;
Proposal on reappointment of audit institutions in 2021;
Proposal on the remuneration of supervisors of the company;
Proposal on changes of accounting policies;
Proposal on purchasing liability insurance for directors, supervisors and senior managers of the company;
Proposal on the full text and summary of the 2020 Annual Report
Proposal on the text and full text of the report of the first quarter of 2021 on April 29, 2021 of the Fifth Board of supervisors
Twelfth Meeting
Proposal on the full text and summary of the semi annual report of 2021 on August 25, 2021 of the Fifth Board of supervisors
Thirteenth meeting
Report of the company for the third quarter of 2021 on October 26, 2021 of the Fifth Board of supervisors
14th Meeting
Proposal on the election of the chairman of the sixth board of supervisors on December 20, 2021
First meeting
2、 Supervision opinions of the board of supervisors on relevant matters in 2021
In 2021, the board of supervisors of the company conscientiously performed its supervision function in accordance with the provisions of relevant laws and regulations, reviewed and supervised the relevant materials provided by the company, supervised and reviewed the standardized operation, financial status, internal control, related party transactions, external guarantees and the behavior of directors and senior managers of the company, and issued the following opinions according to the inspection results:
(I) legal operation of the company
During the reporting period, all members of the board of supervisors attended the board of directors and the general meeting of shareholders held by the company according to law, and strictly supervised the convening procedures, voting procedures and resolutions of the board of directors and the general meeting of shareholders, the implementation of the resolutions of the general meeting of shareholders, the performance of directors and senior managers and the implementation of the company’s management system in accordance with the provisions of relevant laws and regulations.
During the reporting period, the board of supervisors considered that the company’s internal decision-making procedures were in strict accordance with the provisions of the company’s internal control law and other relevant laws and regulations. The board of directors can earnestly perform its duties and strictly implement the resolutions of the general meeting of shareholders. Senior managers shall abide by the law and discipline, be diligent and conscientious in performing their duties, and consciously safeguard the interests of the company and shareholders. The directors and senior managers of the company did not violate relevant laws and regulations, the articles of association or damage the interests of the company and shareholders when performing their duties.
(II) financial situation of the company
During the reporting period, the board of supervisors of the company inspected and reviewed the company’s financial system and financial status according to law. The board of supervisors believes that the company’s financial management can be carried out in accordance with the current enterprise accounting system and standards, the financial system is sound and stable, the accounting is free of major omissions and false records, the contents of the financial report truly, accurately and completely reflect the company’s financial status and operating results, and the relevant financial data can be objective, true and reliable in all major aspects after being verified by Huaxing Certified Public Accountants (special general partnership) Fairly reflect the financial status and operating results of the company in the current year.
(III) related party transactions of the company
The board of supervisors checked the related party transactions of the company in 2021 and held that: the related party transactions of the company in 2021 met the needs of the company’s normal business activities, followed the principles of fair, just and open transactions, the transaction price was fair and did not harm the interests of the company and its non related shareholders; Related party transactions have fulfilled the necessary examination and approval procedures and comply with the company law, the Listing Rules of Shenzhen Stock Exchange, the articles of association and other relevant provisions.
(IV) acquisition and sale of assets by the company
During the reporting period, the board of supervisors checked the change of equity of the company’s wholly-owned subsidiary in the joint venture invested and established in India and believed that the above transactions strictly implemented the relevant approval procedures and did not harm the interests of listed companies and shareholders, especially small and medium-sized shareholders.
(V) occupation of funds by related parties and external guarantee of the company
The board of supervisors carefully checked the capital occupation and external guarantee of the company’s controlling shareholders and other related parties in 2021, and considered that there was no capital occupation of the company by the controlling shareholders and other related parties; Nor does it provide funds directly or indirectly to controlling shareholders and other related parties for use. During the reporting period, the company has no external guarantee.
(VI) internal control of the company
The board of supervisors reviewed the self-evaluation report on internal control in 2021 issued by the board of directors and the construction and operation of the company’s internal control system during the reporting period, and believed that the self-evaluation report on the company’s internal control truly, objectively and comprehensively reflected the construction and operation of the company’s internal control system. The company has established a relatively perfect internal control system. The existing internal control system and system of the company have played a good role in controlling and preventing all key links, major investments and major risks, and can be effectively implemented. (VII) establishment and implementation of insider information management system by the company
The board of supervisors inspected and reviewed the establishment and implementation of the insider management system of the company. The board of supervisors believes that the company has established the registration and management system for insiders of inside information, and can do a good job in the management and registration of insiders of inside information in strict accordance with the system requirements, effectively prevent the occurrence of insider trading events and safeguard the legitimate rights and interests of investors. During the reporting period, the company did not use insider information for illegal trading and was required to rectify by the regulatory authorities.
In 2022, the members of the board of supervisors will continue to independently perform their supervisory duties within the scope of their functions and powers, supervise and urge the standardized operation of the company, safeguard the interests of the company’s shareholders and the majority of small and medium-sized investors, and ensure the standardized operation of the company Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) board of supervisors
April 15, 2022
