Securities code: Xueda (Xiamen) Education Technology Group Co.Ltd(000526) securities abbreviation: Xueda (Xiamen) Education Technology Group Co.Ltd(000526) Announcement No.: 2022040 XueDa (Xiamen) Education Technology Group Co., Ltd
Announcement of resolutions of the second meeting of the 10th board of supervisors
The company and all members of the board of supervisors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
The notice of the second meeting of the 10th board of supervisors of XueDa (Xiamen) Education Technology Group Co., Ltd. (hereinafter referred to as “the company”) was sent to all supervisors by e-mail and telephone on April 12, 2022. Due to the addition of temporary proposals, the company sent the supplementary notice and relevant proposals and attachments to all supervisors on April 21, 2022. The meeting was held by means of communication voting at 10:00 a.m. on April 22, 2022. The meeting was chaired by Ms. He Junmei, chairman of the board of supervisors. The meeting was held in accordance with the relevant provisions of the company law of the people’s Republic of China and the articles of association. After deliberation, the meeting unanimously adopted the following matters:
1、 The annual report for 2021 (full text and summary) was considered and adopted
After review, the board of supervisors of the company believes that the procedures for the preparation and review of the company’s 2021 annual report by the board of directors comply with laws, administrative regulations and the provisions of the CSRC. The contents of the 2021 annual report of the company truly, accurately and completely reflect the actual situation of the company, and there are no false records, misleading statements or major omissions. Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, please refer to cninfo.com.cn published by the company on the same day Annual report for 2021 (full text), and published in China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) Annual report 2021 (Abstract).
2、 Deliberated and adopted the report of the first quarter of 2022
After review, the board of supervisors of the company believes that the procedures for the preparation and review of the company’s first quarter report of 2022 by the board of directors comply with laws, administrative regulations and the provisions of the CSRC. The company’s first quarter report of 2022 contains any false or misleading information or does not accurately reflect the actual situation of the company.
Voting results: 3 in favor, 0 against and 0 abstention.
For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) published by the company on the same day First quarter report of 2022 on.
3、 Deliberated and adopted the work report of the board of supervisors in 2021
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, please refer to cninfo.com.cn published by the company on the same day Work report of the board of supervisors in 2021.
4、 Deliberated and adopted the 2021 annual internal control evaluation report
After review, the board of supervisors of the company believes that the company has established a relatively perfect internal control system, which meets the requirements of relevant national laws and regulations and the actual needs of the company’s production and operation management, can be effectively implemented, and plays a good role in risk prevention and control of all links of the company’s production and operation management. The 2021 internal control evaluation report of the company truly and objectively reflects the construction and operation of the company’s internal control system.
Voting results: 3 in favor, 0 against and 0 abstention.
For details, please refer to cninfo.com.cn published by the company on the same day Internal control evaluation report in 2021.
5、 Deliberated and adopted the financial final accounts report of 2021
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, please refer to cninfo.com.cn published by the company on the same day Financial final accounts report of 2021.
6、 The plan for profit distribution and conversion of reserve fund into share capital in 2021 was reviewed and approved
The company’s profit distribution plan for 2021 is not to distribute profits (including cash dividends and stock dividends), nor to convert capital reserve into share capital.
The board of supervisors of the company believes that the plan for profit distribution and conversion of accumulation fund into share capital in 2021 complies with the provisions of relevant laws and regulations and the articles of association and the actual situation of the company, and agrees with the plan.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) published by the company on the same day Note on no profit distribution in 2021.
7、 Deliberated and passed the proposal on the change of accounting policies of the company
The board of supervisors of the company believes that the change of accounting policies complies with the relevant provisions of the Ministry of finance, the actual situation of the company, the relevant decision-making procedures comply with the relevant laws and regulations and the articles of association, and there is no damage to the interests of the company and shareholders; This change will not have a significant impact on the company’s financial position, operating results and cash flow. We agree with the change of the company’s accounting policy.
Voting results: 3 in favor, 0 against and 0 abstention.
For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) published by the company on the same day Announcement on changes in accounting policies.
8、 Deliberated and passed the proposal on the company’s provision for credit and asset impairment in 2021
The board of supervisors of the company believes that the provision for credit and asset impairment is legal, based on sufficient basis, in line with the provisions of the accounting standards for business enterprises and relevant accounting policies of the company, in line with the actual situation of the company, and can more fairly reflect the company’s financial status and asset value after the provision, and agrees to the provision for credit and asset impairment this time.
Voting results: 3 in favor, 0 against and 0 abstention.
For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) published by the company on the same day Announcement on the company’s provision for credit and asset impairment in 2021. 9、 The proposal on using idle raised funds for cash management was deliberated and adopted
The board of supervisors of the company believes that the company’s use of idle raised funds for cash management is conducive to improving the efficiency of the company’s use of raised funds, will not affect the normal development of the company’s investment plan of raised funds, and will not damage the interests of the company and minority shareholders, which is in line with the relevant provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange.
Therefore, it is agreed that the company will use the idle raised funds with a total amount of no more than RMB 300 million for cash management without affecting the implementation of the investment projects with raised funds and the normal operation of the company, for the purpose of investing in cash management products such as structured deposits, time deposits, large certificates of deposit and so on with high safety and good liquidity, and the issuer is a financial institution with guaranteed principal, The validity period shall be within 12 months from the date of deliberation and approval by the general meeting of shareholders. Within the above use period and limit, the funds can be used on a rolling basis.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal shall be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) published by the company on the same day Announcement on the use of idle raised funds for cash management.
It is hereby announced.
Board of supervisors of XueDa (Xiamen) Education Technology Group Co., Ltd. April 26, 2022
