Securities code: Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) securities abbreviation: Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) Announcement No.: 2022011 Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209)
Announcement on purchasing directors, supervisors and senior managers liability insurance
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of this insurance
Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) (hereinafter referred to as “the company”) held the 14th meeting of the 7th board of directors and the 2nd meeting of the 6th board of supervisors on April 13, 2022, deliberated and adopted the proposal on purchasing directors’ and supervisors’ senior liability insurance. In order to further improve the company’s risk management system, promote the directors, supervisors and senior managers of the company to fully perform their duties, reduce the company’s operational risks, and then protect the interests of investors, the company plans to continue to purchase liability insurance for all directors, supervisors, senior managers and relevant responsible persons in accordance with the standards for the governance of listed companies, the rules for independent directors of listed companies and other relevant laws and regulations. The specific scheme of this liability insurance is as follows:
1. Applicant: Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209)
2. Insured: the company and its directors, supervisors, senior managers and relevant responsible persons
3. Limit of liability: no more than 50 million yuan (each time and cumulative limit of compensation)
4. Total insurance premium: no more than 500000 yuan / year
5. Insurance period: 12 months
The company intends to request the general meeting of shareholders to authorize the board of directors within the above authority, and agree that the board of directors authorizes the management of the company to handle matters related to the purchase of director supervisor high liability insurance within the above authority (including but not limited to determining the insurance company, insurance amount, insurance premium and other insurance terms; selecting and appointing insurance brokerage companies or other intermediaries; signing relevant legal documents and dealing with other matters related to insurance), And handle renewal or re insurance and other related matters at or before the expiration of the liability insurance contract of the directors, supervisors and senior managers in the future.
According to the articles of association and relevant laws and regulations, as beneficiaries, all directors and supervisors of the company have avoided voting on this proposal, which will be directly submitted to the 2021 annual general meeting of shareholders of the company for deliberation. 2、 Independent opinions of independent directors
According to the audit, in order to reduce the possible risks and losses caused by legal liabilities caused by the normal performance of duties by directors, supervisors and senior managers, the company purchased directors, supervisors and senior managers’ liability insurance, which is conducive to protecting the rights and interests of directors, supervisors and senior managers, promoting the responsible personnel to better perform their duties, promoting the development of the company and improving the company’s risk control system. The review procedure of this matter is legal and does not damage the interests of the company and all shareholders, especially the minority shareholders. We agree that the company shall purchase the directors, supervisors and senior management liability insurance, and agree to submit this matter to the 2021 annual general meeting of shareholders of the company for review.
3、 Documents for future reference
1. Resolution of the 14th meeting of the 7th board of directors
2. Prior approval opinions of independent directors on matters related to the 14th meeting of the 7th board of directors 3. Independent opinions of independent directors on matters related to the 14th meeting of the 7th board of directors
Guangzhou Tech-Long Packaging Machinery Co.Ltd(002209) board of directors
April 15, 2022
