Securities code: 002911 securities abbreviation: Foran Energy Group Co.Ltd(002911) Announcement No.: 2022-003 Foran Energy Group Co.Ltd(002911)
Announcement on resolutions of the 14th meeting of the 5th board of supervisors
The company and all members of the board of supervisors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
The 14th meeting of the 5th board of supervisors of Foran Energy Group Co.Ltd(002911) (hereinafter referred to as "the company") was held by means of communication voting on January 11, 2022. The notice of this meeting was sent by e-mail on January 5, 2022. Three people should attend the meeting and three people actually attended the meeting. The meeting was presided over by Mr. Qiu Jianhang, chairman of the board of supervisors, and senior managers of the company attended the meeting as nonvoting delegates. The convening and convening of this meeting met the provisions of relevant laws and regulations such as the company's justice and the articles of association.
2、 Deliberation at the meeting of the board of supervisors
The proposal on related transactions with Guangdong Xiaohu LNG Co., Ltd. constituting related party transactions was deliberated and adopted
The company provided financial assistance of 209976000 yuan to Guangdong Xiaohu LNG Co., Ltd. (hereinafter referred to as "Xiaohu company"); Guangzhou Yuanheng storage Co., Ltd. (hereinafter referred to as "Yuanheng storage"), the holding subsidiary of the company, provides guarantee for the loan of the related party Xiaohu company; Yuanheng warehouse accepted the loan of 208976000 yuan provided by the related party Xiaohu company; Yuanheng warehouse provided a loan of 100000 yuan to Xiaohu company.
The board of supervisors held that the above transactions became connected transactions because the employees appointed by the company to Xiaohu company subsequently served as directors and senior managers of the controlling shareholder of the company. In addition, after the company acquired 40% equity of Yuanheng warehouse, the guarantee provided by Yuanheng warehouse for Xiaohu's loan to the company constitutes a related guarantee. The related transactions are not related transactions at the time of occurrence. The transaction terms are determined through commercial negotiation before the occurrence of the related relationship, and the transaction terms are not adjusted due to the occurrence of the related relationship. The transaction terms are fair. The related transactions have been completed, and the above related transactions have not had a significant impact on the company's financial status and operating results, and there is no damage to the interests of the company and minority shareholders. It is agreed to submit the proposal on related transactions with Guangdong Xiaohu LNG Co., Ltd. to the second extraordinary general meeting of shareholders in 2022 for deliberation
Voting results: 3 in favor, 0 against and 0 abstention.
The above proposals need to be submitted to the second extraordinary general meeting of shareholders of the company in 2022 for deliberation.
The announcement on related transactions with Guangdong Xiaohu LNG Co., Ltd. (Announcement No.: 2022-004) was published in China Securities Journal, securities times, securities daily and cninfo (www.cn. Info. Com. CN) on the same day.
3、 Documents for future reference
Resolution of the 14th meeting of the 5th board of supervisors of the company.
It is hereby announced.
Foran Energy Group Co.Ltd(002911) board of supervisors January 12, 2022
