Securities code: 002111 securities abbreviation: Weihai Guangtai Airport Equipment Co.Ltd(002111) Announcement No.: 2022-001 Weihai Guangtai Airport Equipment Co.Ltd(002111)
Announcement of resolutions of the 32nd meeting of the 6th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Convening of board meeting
1. The 32nd meeting of the 6th board of directors of Weihai Guangtai Airport Equipment Co.Ltd(002111) (hereinafter referred to as “the company”) was notified by fax, e-mail and telephone on January 8, 2022.
2. The meeting was held at 9:00 a.m. on January 12, 2022 at No. 16, Huanghe street, Huancui District, Weihai City, Shandong Province.
3. There are 9 directors who should attend the meeting and 9 actually attended the meeting.
4. The meeting was presided over by the chairman, Mr. Li Guangtai, and the three supervisors of the company received a full set of meeting materials.
5. The meeting was held in accordance with the relevant provisions of the company law and the articles of association, and the meeting was legal and valid. 2、 Deliberations of the board meeting
1. The meeting deliberated and adopted the proposal on the achievement of the first lifting of restrictions in the first granting period of part of the restricted stock incentive plan in 2020 by 7 votes in favor, 0 against and 0 abstention.
According to the authorization of the first extraordinary general meeting of shareholders of the company in 2020 to the board of directors, the board of Directors considers that the conditions for lifting the restrictions on sales in the first lifting period granted by the company’s restricted stock incentive plan in 2020 have been met, and agrees that the company shall handle matters related to lifting the restrictions on sales for qualified incentive objects in accordance with the relevant provisions of the incentive plan. There are 126 eligible incentive objects this time, and the number of restricted shares that can be lifted is 3035200 shares, accounting for 0.57% of the current total share capital of the company.
Directors Li Qin and Yu Honglin abstained from voting on this proposal.
See China Securities Journal, securities times and cninfo.com on January 13, 2022 for details（ http://www.cn.info.com.cn. ）Company announcement on (Announcement No.: 2022-003). 2. The meeting considered and adopted the proposal on adjusting the repurchase price and quantity of restricted shares in 2020 by 9 votes in favor, 0 against and 0 abstention.
Since the company has implemented the 2020 profit distribution plan on July 8, 2021, the repurchase price and repurchase quantity of the 2020 restricted stock incentive plan are adjusted according to the provisions of the 2020 restricted stock incentive plan. The repurchase price of the first grant part is adjusted from 8.39 yuan / share to 5.71 yuan / share, and the repurchase quantity is adjusted from 60000 shares to 84000 shares.
See China Securities Journal, securities times and cninfo.com on January 13, 2022 for details（ http://www.cn.info.com.cn. ）Company announcement on (Announcement No.: 2022-004). 3. The meeting considered and adopted the proposal on repurchase and cancellation of some restricted shares with 9 votes in favor, 0 against and 0 abstention.
Since two of the first incentive objects in the company’s 2020 restricted stock incentive plan do not qualify as incentive objects due to resignation, according to the relevant provisions of the company’s 2020 restricted stock incentive plan (Draft), the company plans to repurchase and cancel 84000 restricted shares held by the above two resigned incentive objects that have been granted but have not been lifted, The repurchase price is 5.71 yuan / share.
See China Securities Journal, securities times and cninfo.com on January 13, 2022 for details（ http://www.cn.info.com.cn. ）Company announcement on (Announcement No.: 2022-005). This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation.
4. The meeting deliberated and adopted the proposal on using idle self owned funds for cash management with 9 votes in favor, 0 against and 0 abstention.
In order to make full use of the company’s idle self owned funds, improve the use efficiency of funds and maximize the shareholders’ income, the company and its subsidiaries are agreed to use the idle self owned funds not exceeding 50% of the audited net assets in 2020 for cash management on the premise of ensuring that the company’s daily production and operation is not affected and that the operation is legal and compliant, You can buy structured deposits or other financial products from banks or other financial institutions. The term starts from the date of deliberation and approval by the board of directors to the date of convening the annual board of directors in 2022. Meanwhile, the chairman of the company is authorized to sign relevant contract documents within the above limit, and the financial director of the company is responsible for organizing the specific implementation of relevant matters. See China Securities Journal, securities times and cninfo.com on January 13, 2022 for details（ http://www.cn.info.com.cn. ）Company announcement on (Announcement No.: 2022-006). It is hereby announced.
Weihai Guangtai Airport Equipment Co.Ltd(002111) board of directors January 13, 2022
