Securities code: 300121 securities abbreviation: Shandong Yanggu Huatai Chemical Co.Ltd(300121) Announcement No.: 2022-004 Shandong Yanggu Huatai Chemical Co.Ltd(300121)
On terminating the issuance of convertible corporate bonds to unspecified objects on the gem and withdrawing them
Announcement of application documents
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Shandong Yanggu Huatai Chemical Co.Ltd(300121) (hereinafter referred to as "the company") held the fourth meeting of the Fifth Board of directors and the third meeting of the Fifth Board of supervisors on January 11, 2022, deliberated and adopted the proposal on terminating the issuance of convertible corporate bonds to unspecified objects on the gem and withdrawing the application documents, It is agreed that the company applies to Shenzhen Stock Exchange (hereinafter referred to as "SZSE") to withdraw the application documents related to the issuance of convertible corporate bonds by the company's gem to unspecified objects. The details are as follows:
1、 Basic information on the issuance of convertible corporate bonds by gem to unspecified objects this time
The company held the 18th meeting of the 4th board of directors on September 28, 2020 and the first extraordinary general meeting of shareholders in 2020 on October 15, 2020, and deliberated and adopted relevant proposals on the issue of convertible corporate bonds to unspecified objects.
On January 22, 2021, the company held the 21st Meeting of the 4th board of directors and adjusted and revised the plan for issuing convertible corporate bonds to unspecified objects on the gem.
On August 6, 2021, the company applied to Shenzhen stock exchange for the application documents of gem for issuing convertible corporate bonds to unspecified objects, and obtained the notice on accepting the application documents of Shandong Yanggu Huatai Chemical Co.Ltd(300121) issuing convertible corporate bonds to unspecified objects (szss [2021] No. 388) issued by Shenzhen Stock Exchange on August 10, 2021, On August 20, 2021, it obtained the inquiry letter on Shandong Yanggu Huatai Chemical Co.Ltd(300121) application for issuing convertible corporate bonds to unspecified objects (audit letter [2021] No. 020216, hereinafter referred to as the "inquiry letter") issued by Shenzhen Stock Exchange, The company and the intermediary replied to the inquiry letter on September 8, 2021, and supplemented and revised the reply to the inquiry letter on September 29, 2021. On October 14, 2021, the company submitted an application for suspension of audit to Shenzhen Stock Exchange and obtained the consent of Shenzhen Stock Exchange on October 15, 2021.
For details of the above, please refer to the company's disclosure on cninfo (www.cn. Info. Com. CN.) Relevant announcements.
2、 Reasons for terminating the issuance of convertible corporate bonds by gem to unspecified objects and withdrawing the application documents
In view of the change of refinancing policy, up to now, the company has not obtained the review opinions on the energy conservation of the fixed asset investment project of the raised investment project. Taking into account the current internal and external actual situation and the company's development plan and other factors, the company has decided to withdraw the application document for issuing convertible corporate bonds to unspecified objects on the gem after full consultation with intermediaries of all parties.
3、 Procedures for terminating the issuance of convertible corporate bonds by gem to unspecified objects and applying for withdrawal of application documents
1. Deliberations of the board of directors
On January 11, 2022, the company held the fourth meeting of the Fifth Board of directors, deliberated and passed the proposal on terminating the issuance of convertible corporate bonds on the gem to unspecified objects and withdrawing the application documents, and agreed to apply to Shenzhen stock exchange for withdrawing the application documents related to the issuance of convertible corporate bonds on the gem to unspecified objects. According to the proposal on requesting the general meeting of shareholders to authorize the board of directors to fully handle the specific matters of the company's issuance of convertible corporate bonds to unspecified objects deliberated and adopted at the first extraordinary general meeting of shareholders in 2020 held on October 15, 2020 and the proposal deliberated and adopted at the first extraordinary general meeting of shareholders in 2021 held on October 12, 2021 The proposal on requesting the general meeting of shareholders to extend the validity period of authorizing the board of directors to fully handle the specific issues of the company's issuance of convertible corporate bonds to unspecified objects. This time, it is not necessary to submit the relevant application documents to the general meeting of shareholders for deliberation to terminate the issuance of convertible corporate bonds by gem to unspecified objects and apply to Shenzhen stock exchange for withdrawal.
2. Deliberations of the board of supervisors
On January 11, 2022, the company held the third meeting of the Fifth Board of supervisors, deliberated and passed the proposal on terminating the issuance of convertible corporate bonds by gem to unspecified objects and withdrawing the application documents, and agreed that the company applied to Shenzhen stock exchange for withdrawing the application documents related to the issuance of convertible corporate bonds by gem to unspecified objects.
3. Opinions of independent directors
All independent directors of the company issued the following independent opinions on matters related to the fourth meeting of the Fifth Board of directors:
In view of the change of refinancing policy, up to now, the company has not obtained the review opinions on the energy conservation of the fixed asset investment project of the raised investment project. Taking into account the current internal and external actual situation and the company's development plan and other factors, the company has decided to withdraw the application document for issuing convertible corporate bonds to unspecified objects on the gem after full consultation with intermediaries of all parties. The company's termination of the issuance of convertible corporate bonds to unspecified objects on the gem will not have a material impact on the company's production and operation activities, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders. The independent directors agreed to the proposal.
4、 On the impact of terminating the issuance of convertible corporate bonds to unspecified objects on the gem and withdrawing the application documents
At present, the company's production and operation are normal and orderly. Terminating the issuance of convertible corporate bonds to unspecified objects on the gem and applying for the withdrawal of relevant application documents is a prudent decision made by comprehensively considering the current internal and external actual situation and the company's development plan, which will not adversely affect the company's production and operation, and will not damage the company and all shareholders Especially the interests of minority shareholders.
5、 Documents for future reference
1. Resolutions of the 4th meeting of the 5th board of directors;
2. Resolution of the 5th meeting of the board of supervisors;
3. Independent opinions of independent directors on matters related to the fourth meeting of the Fifth Board of directors.
It is hereby announced.
Shandong Yanggu Huatai Chemical Co.Ltd(300121) board of directors January 11, 2002
