Jiangsu Linyang Energy Co.Ltd(601222)
Materials of the first extraordinary general meeting of shareholders in 2022
Dear shareholders
Jiangsu Linyang Energy Co.Ltd(601222) (hereinafter referred to as " Jiangsu Linyang Energy Co.Ltd(601222) " or "the company") will consider three proposals at the first extraordinary general meeting of shareholders in 2022. The specific matters are as follows:
Proposal I. proposal on and its summary
Based on the confidence in the future sustainable and stable development of the company and the recognition of the company's value, in order to fully mobilize the enthusiasm and creativity of employees, attract and retain excellent management talents and core technology / business backbone, and improve the cohesion and competitiveness of employees. In accordance with the company law, the securities law, the guidance on the pilot implementation of ESOP by listed companies, the guidance on the disclosure of ESOP information by listed companies of Shanghai Stock Exchange and other relevant laws, administrative regulations, rules, normative documents and the articles of association, Formulated the Jiangsu Linyang Energy Co.Ltd(601222) 2022 employee stock ownership plan (Draft) and its summary. See Jiangsu Linyang Energy Co.Ltd(601222) 2022 employee stock ownership plan (Draft) and its abstract published by the company on the website of Shanghai Stock Exchange on January 11, 2022 for details.
The proposal has been deliberated and adopted at the 29th meeting of the Fourth Board of directors held on January 10, 2022, and is now submitted to the general meeting of shareholders for deliberation.
Proposal II. Proposal on the measures for the administration of employee stock ownership plans in Jiangsu Linyang Energy Co.Ltd(601222) 2022
In order to standardize the smooth implementation of the company's employee stock ownership plan in 2022, in accordance with the company law, the securities law, the guiding opinions on the pilot implementation of employee stock ownership plan by listed companies, the guidelines on information disclosure of employee stock ownership plan of listed companies on Shanghai Stock Exchange and other relevant laws, administrative regulations and rules The management measures for Jiangsu Linyang Energy Co.Ltd(601222) 2022 employee stock ownership plan are formulated in the normative documents, the articles of association and the provisions of Jiangsu Linyang Energy Co.Ltd(601222) 2022 employee stock ownership plan (Draft).
For details, please refer to the management measures for employee stock ownership plan in Jiangsu Linyang Energy Co.Ltd(601222) 2022 issued by the company on the website of Shanghai Stock Exchange on January 11, 2022.
The proposal has been deliberated and adopted at the 29th meeting of the Fourth Board of directors held on January 10, 2022, and is now submitted to the general meeting of shareholders for deliberation.
Proposal III. proposal on requesting the general meeting of shareholders to authorize the board of directors to handle matters related to the company's employee stock ownership plan in 2022
In order to ensure the smooth implementation of the company's employee stock ownership plan in 2022, the company requests the general meeting of shareholders to authorize the board of directors to handle specific matters related to the employee stock ownership plan within the scope specified in relevant laws, regulations and normative documents, including but not limited to the following matters:
(I) authorize the board of directors to handle the establishment and implementation of the employee stock ownership plan, including but not limited to the disqualification of the holder in accordance with the provisions of the employee stock ownership plan;
(II) authorize the board of directors to make decisions on the extension and early termination of the duration of the employee stock ownership plan; (III) authorize the board of directors to handle all matters of locking and unlocking the shares purchased by the employee stock ownership plan;
(IV) authorize the board of directors to explain the draft ESOP;
(V) authorize the board of directors to make decisions on refinancing matters such as participating in the company's share allotment during the duration of the employee stock ownership plan;
(VI) authorize the board of directors to change the participants and determination criteria of the employee stock ownership plan;
(VII) authorize the board of directors to sign the contract and relevant agreement documents with the employee stock ownership plan;
(VIII) after the ESOP is reviewed and approved by the general meeting of shareholders, if the relevant laws, regulations and policies change during the implementation period, the board of directors of the company shall be authorized to make corresponding adjustments to the ESOP in accordance with the new policies or regulations;
(IX) authorize the board of directors to handle other necessary matters required by the employee stock ownership plan, except the rights to be exercised by the general meeting of shareholders specified in relevant documents.
The above authorization shall be valid from the date of adoption of the general meeting of shareholders to the date of completion of the implementation of the employee stock ownership plan.
The proposal has been deliberated and adopted at the 29th meeting of the Fourth Board of directors held on January 10, 2022, and is now submitted to the general meeting of shareholders for deliberation.
Jiangsu Linyang Energy Co.Ltd(601222) board of directors
January 11, 2022
