Securities code: Kelin Environmental Protection Equipment Inc(002499) securities abbreviation: ST Colin Announcement No.: 2022036 Kelin Environmental Protection Equipment Inc(002499)
Announcement on the resolutions of the 14th meeting of the 5th board of directors
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings held
Kelin Environmental Protection Equipment Inc(002499) (hereinafter referred to as “the company”) the 14th meeting of the 5th board of directors was held by means of communication on April 29, 2022. The notice of the meeting shall be notified to all directors by email, telephone, SMS and wechat on April 18, 2022. There are 7 directors who should attend the meeting and 7 actually attended. The meeting was presided over by Mr. Du Jiancheng, chairman of the company, and the supervisors and some senior managers of the company attended the meeting as nonvoting delegates. The convening procedure of this meeting complies with the company law of the people’s Republic of China and other relevant laws and regulations and the articles of association.
2、 Deliberations of the meeting
The directors attending the meeting considered and adopted the following proposals by open ballot:
1. Work report of the general manager in 2021;
Voting results: 7 in favor, 0 against and 0 abstention.
2. Financial statement report of 2021;
Voting results: 7 in favor, 0 against and 0 abstention.
This proposal needs to be submitted to the general meeting of shareholders for deliberation and approval.
3. Work report of the board of directors in 2021;
Voting results: 7 in favor, 0 against and 0 abstention.
This proposal needs to be submitted to the general meeting of shareholders for deliberation and approval.
4. Full text and summary of 2021 annual report;
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn., company announcement: full text of 2021 annual report and summary of 2021 annual report)
This proposal needs to be submitted to the general meeting of shareholders for deliberation and approval.
5. Annual audit report for 2021;
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn., announcement of the company: annual audit report of 2021)
This proposal needs to be submitted to the general meeting of shareholders for deliberation and approval.
6. 2021 profit distribution plan;
As the company’s distributable profit in 2021 is negative, based on the relevant provisions of the profit distribution policy and cash dividend clauses in the articles of association, the company plans not to pay cash dividends, give shares or convert capital reserve into share capital in 2021.
The independent directors have expressed their independent opinions on this proposal, which have been published in full on cninfo.com.cn Come on.
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn., announcement of the company: special instructions on no profit distribution in 2021)
This proposal needs to be submitted to the general meeting of shareholders for deliberation and approval.
7. Self evaluation report on internal control in 2021;
The independent directors of the company have expressed their opinions on the self-evaluation report on internal control in 2021, and the full text of relevant opinions has been published on cninfo.com.cn Come on.
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn., announcement of the company: 2021 annual internal control self-evaluation report)
8. Proposal on applying for cancellation of delisting risk warning and other risk warnings;
Through the self-examination of the relevant provisions in the stock listing rules of Shenzhen Stock Exchange (2022 Revision), the company believes that there is no delisting risk warning as specified in article 9.3.1, nor other risk warnings as specified in article 9.8.1. In view of this, the company plans to apply to Shenzhen stock exchange for the cancellation of the special treatment of “delisting risk warning” and “other risk warning” for the company’s stock trading in accordance with articles 9.3.7 and 9.8.5 of the stock listing rules of Shenzhen Stock Exchange (revised 2022).
The independent directors have expressed their independent opinions on this proposal, which have been published in full on cninfo.com.cn Come on.
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn. Announcement of the company: Announcement on applying for cancellation of delisting risk warning and other risk warnings)
9. The first quarter report of 2022;
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn., announcement of the company: report of the first quarter of 2022)
10. Proposal on rectification report of Jiangsu Securities Regulatory Bureau on administrative punishment decision;
On March 29, 2022, the company received the decision on administrative punishment ([2022] No. 2) (hereinafter referred to as the “decision”) issued by Jiangsu regulatory bureau of China Securities Regulatory Commission (hereinafter referred to as “Jiangsu securities regulatory bureau”). The company attaches great importance to the problems and requirements mentioned in the decision, formulates the rectification report on the administrative punishment decision of Jiangsu securities regulatory bureau, and actively implements the rectification in strict accordance with the requirements of Jiangsu securities regulatory bureau. The company will take this rectification as an opportunity to earnestly and continuously implement the rectification measures, strengthen the study and understanding of laws and regulations by the company’s directors, supervisors, senior managers and relevant personnel, improve the standard operation level, improve the information disclosure management, and earnestly safeguard the legitimate interests of the company and all shareholders.
Voting results: 7 in favor, 0 against and 0 abstention.
Details are posted on cninfo.com on the same day（ http://www.cn.info.com.cn. ）Announcement on the rectification report of Jiangsu securities regulatory bureau.
11. According to Article 117 of the articles of association and Article 14 of the rules of procedure of the board of directors of the company, with the unanimous consent of the directors attending the meeting, the proposal on the provision for asset impairment and write off of assets in 2021 is added;
In accordance with the relevant requirements of the accounting standards for business enterprises, the Listing Rules of Shenzhen Stock Exchange and the company’s accounting policies, in order to more truly and accurately reflect the company’s asset status and financial status as of December 31, 2021, the company and its subsidiaries have checked, analyzed and evaluated the accounts receivable and other receivables, and made provision for impairment of assets that may have impairment losses.
At the same time, the bad debt reserves related to debt exemption and some accounts receivable and other accounts receivable that have been on account for a long time in the process of operation and have failed to recover are cleared and written off.
The independent directors have expressed their independent opinions on this proposal, which have been published in full on cninfo.com.cn Come on.
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn. Announcement of the company: Announcement on the provision for asset impairment and write off of assets in 2021)
12. Proposal on convening the annual general meeting of shareholders in 2021.
The board of directors of the company decided to hold the 2021 annual general meeting of shareholders at 15:30 on Friday, May 20, 2022 in the conference room of the company, building 1, Zijing Commercial Plaza, No. 121, Honghuang Road, longta street, Yubei District, Chongqing to consider the above proposals to be submitted to the general meeting of shareholders for deliberation.
Voting results: 7 in favor, 0 against and 0 abstention.
(for details, please refer to www.cn.info.com.cn. Announcement of the company: Notice on convening the 2021 annual general meeting of shareholders)
Each independent director of the company has submitted the 2021 annual report of independent directors to the board of directors and will report on his work at the 2021 annual general meeting of shareholders of the company (for details, see www.cn.info.com.cn., company announcement: 2021 annual report of independent directors)
3、 Documents for future reference
1. Resolution of the 14th meeting of the 5th board of directors.
2. Independent opinions of independent directors on matters related to the 14th meeting of the 5th board of directors.
It is hereby announced.
Kelin Environmental Protection Equipment Inc(002499) board of directors April 29, 2002
