Securities code: Welle Environmental Group Co.Ltd(300190) securities abbreviation: Welle Environmental Group Co.Ltd(300190) Announcement No.: 2022023 bond Code: 123049 bond abbreviation: convertible bond
Welle Environmental Group Co.Ltd(300190)
Announcement on the proposed purchase of 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.
On April 14, 2022, Welle Environmental Group Co.Ltd(300190) (hereinafter referred to as “the company”) convened the 23rd Meeting of the 4th board of directors and the 15th meeting of the 4th board of supervisors to consider the proposal on purchasing high liability insurance for directors and supervisors. In order to further improve the risk management system, promote the directors, supervisors and senior managers of the company to fully perform their duties, reduce the operational risks of the company and protect the interests of investors, In accordance with the standards for the governance of listed companies and other laws and regulations, Welle Environmental Group Co.Ltd(300190) (hereinafter referred to as “the company”) plans to purchase liability insurance for the directors, supervisors, senior managers and other responsible persons of the company (hereinafter referred to as “directors, supervisors and senior managers liability insurance”). The details are as follows:.
1、 Specific scheme of liability insurance
1. Applicant: Welle Environmental Group Co.Ltd(300190)
2. Insured: the company, directors, supervisors, senior managers and other relevant responsible persons of the company (the specific scope shall be subject to the scope determined through consultation with the insurance company)
3. Insurance liability limit: no more than RMB 50 million
4. Total insurance premium: no more than 300000 yuan / year (subject to the amount determined through consultation with the insurance company)
5. Insurance period: 12 months (renewable every year)
In order to improve the efficiency of decision-making, the general meeting of shareholders is requested to authorize the company’s management to handle the company and all directors, supervisors Matters related to the purchase of senior management’s liability insurance (including but not limited to determining the insurance company; determining the insurance amount, liability limit, insurance premium and other insurance terms; determining relevant responsible personnel; negotiating and signing relevant legal documents and dealing with other matters related to insurance and claim settlement), as well as handling matters related to renewal or re insurance before the expiration of the senior management’s liability insurance contract in the future. 2、 Opinions of the board of supervisors
The board of supervisors believes that the purchase of liability insurance for the company and its directors, supervisors, senior managers and other relevant responsible persons is conducive to improving the risk control system, promoting the relevant responsible persons to fully exercise their supervision rights and perform relevant duties, and there is no situation damaging the interests of the company and all shareholders. The deliberation and decision-making procedures of this matter comply with relevant laws and regulations, normative documents, articles of association and other relevant provisions such as the Listing Rules of gem shares of Shenzhen Stock Exchange.
3、 Decision making process
According to the articles of association and relevant laws and regulations, all directors and supervisors of the company avoided voting on this matter. The purchase of liability insurance for the company and all directors, supervisors and senior management will be directly submitted to the general meeting of shareholders of the company for deliberation.
It is hereby announced.
Welle Environmental Group Co.Ltd(300190) board of directors April 15, 2022
