Securities code: Shanghai Weaver Network Co.Ltd(603039) securities abbreviation: Shanghai Weaver Network Co.Ltd(603039) Announcement No.: 2022029 Shanghai Weaver Network Co.Ltd(603039)
Announcement of resolutions of the 16th meeting of the 4th board of directors
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Shanghai Weaver Network Co.Ltd(603039) (hereinafter referred to as "the company") the 16th meeting of the 4th board of directors was held by means of communication voting on May 4, 2022. Nine directors should be present at this meeting, but there are actually nine. The meeting was held in accordance with the provisions of the company law and other laws and regulations and the articles of association. The meeting was presided over by Chairman Wei Lidong, and the following resolutions were adopted by vote:
1. With 9 affirmative votes, 0 negative votes and 0 abstention votes, the proposal on share repurchase through centralized bidding transaction was considered and adopted.
For details, please refer to the announcement on share repurchase scheme through centralized bidding Trading (Announcement No.: 2022031) disclosed by the company on the website of Shanghai Stock Exchange on the same day.
2. The proposal on Authorizing the company's management to handle matters related to this share repurchase was reviewed and adopted with 9 votes in favor, 0 votes against and 0 abstentions.
In order to improve the work efficiency related to this share repurchase and ensure the smooth implementation of this share repurchase, the board of directors of the company agrees to authorize the management of the company to fully handle the matters related to this share repurchase within the scope of laws and regulations and in accordance with the principle of safeguarding the interests of the company and shareholders. The contents and scope of authorization include but are not limited to:
1. Establish a special securities account for repurchase (if it needs to be newly opened) and handle other relevant affairs;
2. Choose the opportunity to repurchase shares within the repurchase period, including the specific time, price and quantity of shares to be repurchased; 3. Handle relevant approval matters, including but not limited to authorizing, signing, executing, modifying and completing all necessary documents, contracts, agreements and contracts related to this share repurchase;
4. In case of any change in the regulatory authorities' policies on share repurchase or market conditions, the management shall be authorized to make corresponding adjustments to the specific scheme of share repurchase and other related matters, except for the matters that must be voted again by the board of directors in accordance with relevant laws, regulations and the articles of Association;
5. Other matters not listed in this share repurchase but must be handled. The above authorization is valid from the date of deliberation and approval by the board of directors to the date of completion of the above authorized matters. It is hereby announced.
Shanghai Weaver Network Co.Ltd(603039) board of directors may 4, 2022
