Securities code: Safbon Water Service (Holding) Inc.Shanghai(300262) securities abbreviation: Safbon Water Service (Holding) Inc.Shanghai(300262) Announcement No.: 2022025 Safbon Water Service (Holding) Inc.Shanghai(300262)
Announcement of the resolution of the 27th meeting of the 4th board of supervisors
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、 Meetings of the board of supervisors
Safbon Water Service (Holding) Inc.Shanghai(300262) (hereinafter referred to as “the company”) the 27th meeting of the Fourth Board of supervisors was notified to all supervisors in writing and e-mail on April 17, 2022, and held in the conference room of the company by means of communication voting on April 27, 2022. Three supervisors should be present at the meeting and three actually present, which is in line with the quorum for convening the meeting of the board of supervisors. The meeting was presided over by Ms. Zhao Hui, chairman of the board of supervisors, and Mr. Wang Xian, Secretary of the board of directors of the company, attended the meeting as a nonvoting delegate. The convening of the meeting complies with the relevant provisions of the company law and the articles of association.
2、 Deliberation at the meeting of the board of supervisors
After careful deliberation by the supervisors attending the meeting, the meeting adopted the following resolutions:
(I) deliberated and passed the proposal on the work report of the board of supervisors in 2021
The specific contents of the report on the work of the board of supervisors in 2021 are detailed in the company’s gem information disclosure website cninfo (www.cn. Info. Com. CN.) designated by the CSRC on April 28, 2022 Relevant announcements published.
There were 0 affirmative votes and 3 abstention votes.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(II) deliberated and passed the proposal on the company’s 2021 annual financial statement report
For details of this proposal, please refer to cninfo.com.cn, the gem information disclosure website designated by China Securities Regulatory Commission on April 28, 2022 The financial report of 2021 is published. Voting results: 2 in favor, 0 against and 1 abstention.
Mr. Chen Xing, the supervisor, abstained. Reasons for abstaining: Based on the reasons for abstaining from the proposal on the company’s provision for asset impairment and write off of assets in 2021, he abstained from the proposal.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(III) deliberated and passed the proposal on the company’s profit distribution plan for 2021
According to the audit findings of Zhonghua Certified Public Accountants (special general partnership), the net profit attributable to the owner of the parent company in the consolidated statements of the company in 2021 is -1303691500 yuan, and the net profit realized by the parent company is -615483700 yuan. According to the provisions of the company law and the articles of association, 10% of the statutory surplus reserve will not be withdrawn. As of December 31, 2021, the profit available to shareholders of the parent company is -3745601 million yuan.
The company pays attention to the reasonable return to shareholders, takes into account the sustainable development of the company, maintains the continuity and stability of the company’s profit distribution policy, and fully considers the opinions of all parties in the decision-making and demonstration process of profit distribution policy. In combination with the company’s own development stage and capital situation, the company plans not to make profit distribution in 2021.
For details of this proposal, please refer to cninfo.com.cn, the gem information disclosure website designated by China Securities Regulatory Commission on April 28, 2022 Special instructions on no profit distribution in 2021 published.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(IV) deliberated and passed the proposal on the full text and summary of the company’s 2021 annual report
The preparation procedures of the company’s 2021 annual report, 2021 annual report summary and 2021 annual audit report comply with laws, regulations and relevant provisions of the CSRC. The contents of the report truly, accurately and completely reflect the actual situation of the company’s operation in 2021, and there are no false records, misleading statements or major omissions.
For details of the annual report 2021, the summary of the annual report 2021 and the annual audit report 2021, the company made an announcement on the gem information disclosure website (www.cn. Info. Com. CN.) designated by the CSRC on April 28, 2022 Published content. The suggestive announcement of the annual report shall be published in the securities times, Securities Daily, Shanghai Securities News and China Securities News at the same time.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(V) deliberated and passed the proposal on the change of accounting policies of the company
The Ministry of finance of the people’s Republic of China issued the notice on printing and distributing the accounting standards for business enterprises on January 26, 2021
The notice of Interpretation No. 14 (CAI Kuai [2021] No. 1) (hereinafter referred to as “Interpretation No. 14”) defines the accounting treatment of the social capital party on the government and social capital cooperation (PPP) project contract.. Interpretation No. 14 shall come into force from the date of promulgation, and the new relevant businesses from January 1, 2021 to the date of implementation shall also be adjusted according to the interpretation.
According to the requirements of the above documents, the company changes its accounting policies accordingly.
For details of the proposal, please refer to cninfo (www.cn. Info. Com. CN.), the information disclosure website designated by the CSRC on gem on April 28, 2022 Announcement on changes in accounting policies disclosed. Voting results: 3 in favor, 0 against and 0 abstention.
This proposal does not need to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(VI) deliberated and passed the proposal on re employment of audit institutions in 2022
In the audit work in 2021, Zhonghua Certified Public Accountants (special general partnership) adhered to the principle of independent audit, conscientiously performed its audit duties, and issued various professional reports with objective and fair contents, based on a rigorous, realistic, objective and fair working attitude and in strict accordance with the auditing standards for Chinese certified public accountants. In order to maintain the continuity of audit work, with the approval and recommendation of the audit committee of the company, the company plans to appoint Zhonghua Certified Public Accountants (special general partnership) as the financial audit institution of the company in 2022. For details, see the company’s gem information disclosure website cninfo (www.cn. Info. Com. CN.) designated by the CSRC on April 28, 2022 Announcement on reappointment of audit institutions in 2022.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(VII) deliberated and passed the proposal on the 2021 annual social responsibility report of the company
For details of this proposal, please refer to cninfo.com.cn, the gem information disclosure website designated by China Securities Regulatory Commission on April 28, 2022 The 2021 annual social responsibility report published by. Voting results: 3 in favor, 0 against and 0 abstention.
This proposal does not need to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(VIII) proposal on the company’s annual self-evaluation 2021
For details of the self-evaluation report on internal control in 2021, the company made a statement on cninfo (www.cn. Info. Com. CN.) on the gem information disclosure website designated by the CSRC on April 28, 2022 Self evaluation report on internal control in 2021 published.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal does not need to be submitted to the 2021 annual general meeting of shareholders for deliberation.
(IX) deliberated and passed the proposal on the remuneration of the company’s supervisors in 2022
The Fourth Board of supervisors of the company consists of three supervisors. Supervisors holding administrative positions in the company will receive remuneration according to their administrative positions and will no longer receive post allowance for supervisors; Supervisors who do not hold administrative positions in the company will not receive post allowance for supervisors.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
(x) the proposal on the company’s provision for impairment of assets and write off of assets in 2021 was deliberated and adopted. The specific contents of this proposal are detailed in the company’s gem information disclosure website cninfo (www.cn. Info. Com. CN.) designated by the CSRC on April 28, 2022 Announcement on the provision for impairment of assets and write off of assets in 2021.
Voting results: 2 in favor, 0 against and 1 abstention.
Mr. Chen Xing, the supervisor, abstained. Reason for abstaining: the amount of provision for asset impairment and write off of assets in 2021 is very large, and it is impossible to judge the rationality of all relevant items in the short term after receiving the financial report. This proposal does not need to be submitted to the 2021 annual general meeting of shareholders for deliberation.
（11） Deliberated and passed the proposal on correction and retroactive adjustment of accounting errors in the previous period
For details of this proposal, please refer to cninfo.com.cn, the gem information disclosure website designated by China Securities Regulatory Commission on April 28, 2022 Announcement on correction and retroactive adjustment of accounting errors in the previous period.
Voting results: 3 in favor, 0 against and 0 abstention.
This proposal does not need to be submitted to the 2021 annual general meeting of shareholders for deliberation.
3、 Documents for future reference
1. Resolution of the 27th meeting of the 4th board of supervisors
It is hereby announced.
Safbon Water Service (Holding) Inc.Shanghai(300262) board of supervisors April 27, 2022
