Stock Code: 603055 securities abbreviation: Zhe Jiang Taihua New Material Co.Ltd(603055) Announcement No.: 2022-005 Zhe Jiang Taihua New Material Co.Ltd(603055)
Announcement on resolutions of the 14th meeting of the 4th board of supervisors
The board of supervisors and all supervisors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.
1、 Meetings of the board of supervisors
The notice of the 14th meeting of the 4th board of supervisors of Zhe Jiang Taihua New Material Co.Ltd(603055) (hereinafter referred to as “the company”) was issued on January 7, 2022. The meeting was held by on-site voting on January 11, 2022. There were 3 supervisors and 3 actual supervisors. The meeting was presided over by Mr. Wei Xiang, chairman of the board of supervisors. The number of attendees, convening and voting methods of the meeting comply with the relevant provisions of the company law and other laws and regulations and the articles of association, and are legal and effective.
2、 Deliberation at the meeting of the board of supervisors
(I) the proposal on using the raised funds to provide loans to subsidiaries for the implementation of raised investment projects was deliberated and adopted
The company’s use of the raised funds to provide loans to the subsidiary Jiahua nylon to implement the raised investment project is based on the construction needs of the implementation subject of the raised investment project, in line with the use plan of the raised funds, conducive to meeting the fund needs of the raised investment project, ensuring the smooth implementation of the raised funds project, and in line with the company’s development strategy and long-term plan, There is no change in the purpose of the raised funds and damage to the interests of the company and all shareholders. It is agreed that the company will use the raised funds to provide loans to the subsidiary Jiahua nylon to implement the raised investment project.
Voting results: 3 in favor, 0 against and 0 abstention.
(II) the proposal on using raised funds to replace self raised funds and self raised funds for issuance expenses of pre invested projects with raised funds was deliberated and adopted
The company uses the raised funds to replace the self raised funds invested in the investment projects of the raised funds in advance and the issuance expenses, which improves the use efficiency of the raised funds, conforms to the interests of all shareholders, and the relevant procedures comply with the stock listing rules of Shanghai Stock Exchange Regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies and self regulatory guidelines for listed companies on Shanghai Stock Exchange No. 1 – standardized operation, etc. This capital replacement does not conflict with the implementation plan of the investment project with raised funds, and there is no situation of changing the investment direction of raised funds and damaging the interests of shareholders in a disguised manner. It is agreed that the company will use the raised funds to replace the self raised funds of RMB 442122300 invested in the investment projects with raised funds in advance and RMB 1385800 paid for the issuance expenses.
Voting results: 3 in favor, 0 against and 0 abstention.
(III) the proposal on using idle raised funds for cash management was deliberated and adopted
The company’s use of some idle raised funds to purchase principal guaranteed financial products or structured deposit products complies with the provisions of relevant laws and regulations such as the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies issued by the CSRC and the self regulatory guidelines for listed companies on Shanghai Stock Exchange No. 1 – standardized operation, It is conducive to improving the use efficiency of funds, will not affect the construction of raised funds and the use of raised funds, does not change the purpose of raised funds in a disguised manner, is in line with the interests of the company and all shareholders, and does not damage the interests of the company and all shareholders, especially small and medium-sized shareholders. The relevant approval procedures comply with the relevant provisions of laws and regulations and the articles of association. We agree to the proposal on cash management with idle raised funds.
Voting results: 3 in favor, 0 against and 0 abstention.
It is hereby announced.
Zhe Jiang Taihua New Material Co.Ltd(603055) board of supervisors
January 12, 2002
