Stock Code: Jilin Liyuan Precision Manufacturing Co.Ltd(002501) stock abbreviation: ST Liyuan Announcement No.: 2022022 Jilin Liyuan Precision Manufacturing Co.Ltd(002501)
Announcement on the resolution of the fourth meeting of the Fifth 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.
Jilin Liyuan Precision Manufacturing Co.Ltd(002501) (hereinafter referred to as "the company") the fourth meeting of the Fifth Board of directors was held in the company's conference room on April 28, 2022. The notice of this meeting will be sent by telephone communication and / or written report on April 18, 2022. The board of directors was presided over by Mr. Wu Rui, and the meeting was voted by means of communication. There are 9 directors who should attend the meeting, 9 directors who actually attend the meeting and 9 directors who attend the meeting by means of communication. The supervisors and senior managers of the company attended the meeting as nonvoting delegates. The meeting was held in accordance with the company law of the people's Republic of China, the articles of association and relevant laws and regulations.
After deliberation and voting by the directors present, the following proposals were unanimously adopted:
1. The proposal on the president's work report in 2021 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
The board of directors of the company believes that the management of the company has effectively implemented the resolutions of the general meeting of shareholders and the board of directors in 2021.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation.
2. The proposal on the work report of the board of directors in 2021 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
Mr. Li Guang, Mr. Wu Jilin and Mr. Jiang Zeli, the independent directors of the company, respectively submitted the report on the work of independent directors in 2021 to the board of directors and will report on their work at the 2021 annual general meeting of shareholders.
This proposal still needs to be submitted to the general meeting of shareholders for deliberation. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
3. The proposal on the full text and summary of the 2021 annual report was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
According to the actual situation of 2021, the company has prepared the full text and summary of the 2021 annual report. The board of Directors believes that the full text and summary of the 2021 annual report are true, accurate and complete, and there are no false records, misleading statements or major omissions.
This proposal still needs to be submitted to the general meeting of shareholders for deliberation. The full text and summary of the company's 2021 annual report are detailed in the company's designated information disclosure website cninfo.com（ http://www.cn.info.com.cn. ）, the company's 2021 annual report summary will be published in the securities times, China Securities News and Shanghai Securities News at the same time.
4. The proposal on the financial final accounts report of 2021 was deliberated and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
This proposal still needs to be submitted to the general meeting of shareholders for deliberation. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
5. The proposal on the profit distribution plan for 2021 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
In accordance with the relevant provisions of the company law, the notice on further implementing matters related to cash dividends of listed companies, the guidelines for the supervision of listed companies No. 3 - cash dividends of listed companies and the articles of association of the company, in view of the current operation and financial situation of the company and in combination with its own strategic development plan, in order to ensure the normal production, operation and stable development of the company and better safeguard the long-term interests of all shareholders, The company's profit distribution plan for 2021 is: the company will not distribute cash dividends, bonus shares or increase share capital with accumulation fund in 2021. The company's profit distribution plan for 2021 is based on the actual situation of the company and does not violate relevant laws and regulations and the relevant provisions of the articles of association.
This proposal still needs to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
6. The proposal on the self-evaluation report of the company's internal control in 2021 was deliberated and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
The board of directors and its Audit Committee comprehensively inspected the establishment and implementation of various internal control systems of the company in 2021, and summarized and self evaluated the internal control and operation of the company in 2021. During the reporting period, the company had no major defects and important defects in internal control over financial reporting, and no major defects and important defects in internal control over non-financial reporting were found.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
7. The proposal on confirming the remuneration of directors and senior managers in 2021 and the remuneration scheme in 2022 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
According to the company's management system for remuneration and performance appraisal of directors, supervisors and senior managers and in combination with the company's operation, the company has determined the remuneration of directors and senior managers in 2021 and the remuneration scheme in 2022.
The company's directors' remuneration in 2021 and the remuneration plan in 2022 need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
8. The proposal on the provision for asset impairment in 2021 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
During the reporting period, according to the accounting standards for Business Enterprises No. 8 - asset impairment and other provisions, the company conducted impairment tests on inventories, fixed assets and construction in progress within the scope of consolidated statements as of December 31, 2021, and made provision for asset impairment.
The provision for asset impairment this time complies with the accounting standards for business enterprises, the company's internal control and other relevant provisions.
The company's provision for asset impairment can more fairly reflect the company's asset status and make the company's accounting information about asset value more authentic, reliable and reasonable.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
The total number of votes for and against the company's proposal reached 0.9, and the total number of votes for and against the proposal reached 0.3
This proposal still needs to be submitted to the general meeting of shareholders for deliberation. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
10. The proposal on applying for cancellation of the delisting risk warning of the company's stock trading was deliberated and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
The board of Directors considers that the company has met the conditions for applying for canceling the delisting risk warning for the company's stock trading, and agrees to apply to Shenzhen stock exchange for canceling the delisting risk warning for the company's stock trading. The company has submitted the application for cancellation of delisting risk warning to Shenzhen Stock Exchange.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
11. The proposal on changes in accounting policies was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
The board of Directors believes that the change of accounting policies complies with the accounting standards for business enterprises and relevant regulations, can more objectively and fairly reflect the company's financial situation and operating results, provide investors with more reliable and accurate accounting information, will not have a significant impact on the company's financial statements, and is in the interests of the company and all shareholders. The board of directors of the company agreed to the change of accounting policies.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
12. The special notes of the board of directors on the matters involved in the company's 2021 audit report with unqualified opinions with emphasis on matters was reviewed and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. The independent directors of the company expressed their independent opinions on the proposal. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）Relevant announcements.
13. The proposal on the report of the first quarter of 2022 was considered and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
According to the actual situation of the first quarter of 2022, the company prepared the first quarter report of 2022. The board of Directors believes that the content of the first quarter report of 2022 is true, accurate and complete, and there are no false records, misleading statements or major omissions.
This proposal does not need to be submitted to the general meeting of shareholders for deliberation. For details, please refer to cninfo.com on the same day（ http://www.cn.info.com.cn. ）, securities times, China Securities News and Shanghai Securities News.
14. The proposal on convening the 2021 annual general meeting of shareholders of the company was deliberated and adopted
Voting results: 9 in favor, 0 against, 0 abstention and 0 avoidance
The company plans to hold the 2021 annual general meeting of shareholders of the company at 14:30 p.m. on June 9, 2022. This proposal does not need to be submitted to the general meeting of shareholders for deliberation. See the details of the meeting notice published on cninfo.com on the same day（ http://www.cn.info.com.cn. ）, securities times, China Securities News and Shanghai Securities News.
It is hereby announced.
Jilin Liyuan Precision Manufacturing Co.Ltd(002501) board of directors April 29, 2022
