Stock abbreviation: Xinjiang International Industry Co.Ltd(000159) Stock Code: 000159 No.: 2022-07
Xinjiang International Industry Co.Ltd(000159)
Announcement on resolutions of the third extraordinary meeting of the eighth 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、 Convening and attendance of the meeting
On January 13, 2022, Xinjiang International Industry Co.Ltd(000159) (hereinafter referred to as "the company") held the third interim meeting of the eighth board of directors by means of communication voting. Before the meeting, the company faxed or directly delivered the meeting notice, proposal, voting table and resolution to 9 directors. By January 13, 2022, the company received 9 proposal voting tables, namely chairman Ding Zhiping, director Wang Wei Li runqi, Liang Yuelin, Liu Jianxiang, Wang Jinqiu, independent directors Ma Xinzhi, Zhang Lei, Zhang Haixia. The procedures for convening the meeting and the number of participants shall comply with the provisions of the company law and the articles of association.
2、 Deliberation of proposals
The proposal on loans to holding subsidiaries was deliberated and adopted
1. The holding subsidiary Jiangsu Zhongda Tower Technology Development Co., Ltd. (hereinafter referred to as "Zhongda tower") intends to continue to apply to Hua Xia Bank Co.Limited(600015) Xuzhou branch for a working capital loan of no more than 30 million yuan after restoring the bank loan of 30 million yuan. The loan term is one year and the loan interest rate is within 6% of the annualized rate, which is used for the purchase of raw materials by the related legal person Pizhou Hengrun Urban Investment Co., Ltd Jiangsu Zhongneng Real Estate Group Co., Ltd., Jiangsu Hercules pipe pile Co., Ltd., Jiangsu Zhongneng building materials Co., Ltd. and Jiangsu Zhongneng International Trade Co., Ltd. provide guarantee.
2. CUHK tower plans to apply to China Everbright Bank Company Limited Co.Ltd(601818) Pizhou sub branch for a new working capital loan with a loan amount of no more than 40 million yuan, a loan term of one year and an annualized loan interest rate of less than 6% for the purchase of raw materials. Pizhou Economic Development Holding Group Co., Ltd. provides joint and several liability guarantee, and the related person Wang Min provides mortgage guarantee with his two real estate in Nanjing.
With the increase of orders and the formal operation of the later galvanized production line, the demand for production and operation funds increases. In order to ensure the stable supply of production and operation funds, the company agrees to the above loan application of Zhongda tower.
After voting, the proposal has 9 affirmative votes, 0 abstention votes and 0 opposition votes.
This proposal is within the decision-making scope of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation. The management is authorized to handle specific matters.
3、 Documents for future reference
Resolution of the third extraordinary meeting of the 8th board of directors
It is hereby announced.
Xinjiang International Industry Co.Ltd(000159)
Board of directors
January 14, 2022
