Securities code: 000422 securities abbreviation: Hubei Yihua Chemical Industry Co.Ltd(000422) Announcement No.: 2022-001 Hubei Yihua Chemical Industry Co.Ltd(000422)
Announcement of resolutions of the first extraordinary general meeting of shareholders in 2022
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.
Special tips:
1. The shareholders’ meeting did not veto the proposal.
2. This shareholders’ meeting does not involve any change to the resolutions adopted at the previous shareholders’ meeting.
1、 Meetings held
(I) convening of the meeting
1. Meeting time: on site meeting time: 14:30 p.m. on January 13, 2022. Voting time of Internet voting system: 9:15 a.m. on January 13, 2022-3:00 p.m. on January 13, 2022. Voting time of trading system: trading time on January 13, 2022, i.e. 9:15-9:25, 9:30-11:30 and 13:00-15:00.
2. Venue: conference room, 26th floor, No. 52, Yanjiang Avenue, Yichang city.
3. Meeting method: the shareholders’ meeting is held by combining on-site voting and online voting. 4. Convener: the board of directors of the company.
5. Moderator: the meeting was presided over by director Qiang Wei upon the recommendation of the directors attending the meeting.
6. This meeting complies with the provisions of relevant laws, administrative regulations, departmental rules, normative documents and the articles of association.
(II) attendance at the meeting
1. The number of shareholders and authorized representatives of shareholders attending the general meeting of shareholders is 267, and the number of representative shares is 248933822, accounting for 27.7250% of the total voting shares of the company. The number of representative shares of small and medium-sized investors holding less than 5% is 5821137, accounting for 0.6483% of the total voting shares of the company.
The number of shareholders and authorized representatives of shareholders attending the on-site meeting is 0, and the number of representative shares is 0, accounting for 0% of the total voting shares of the company.
27.7250% of the total voting shares of the company.
2. The directors and supervisors of the company attended the meeting, and senior managers and lawyers of Hubei Puji law firm attended the meeting as nonvoting delegates.
3、 Deliberation and voting of proposals
The general meeting of shareholders deliberated and adopted the following proposals by combining on-site voting and online voting: 1. Deliberated and adopted the proposal on external guarantee (for the content of the proposal, see the announcement on external guarantee No. 2021-111 of cninfo.com on December 29, 2021). The proposal is divided into the following six sub proposals:
Proposal 1.01 provides guarantee of no more than 77.5 million yuan for the loan of 77.5 million yuan applied by Inner Mongolia Yihua to Agricultural Bank Of China Limited(601288) Wuhai Wuda sub branch
Total voting:
247220314 shares were agreed, accounting for 99.3117% of the shares held by all shareholders attending the meeting; Against 1710808 shares, accounting for 0.6873% of the shares held by all shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0011% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4107629 shares were approved, accounting for 70.5640% of the shares held by minority shareholders attending the meeting; Against 1710808 shares, accounting for 29.3896% of the shares held by minority shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0464% of the shares held by minority shareholders attending the meeting.
Proposal 1.02 provides a guarantee of no more than 20 million yuan for the loan of 20 million yuan applied by Xinjiang Tianyun to the international business settlement center of Kunlun Bank Co., Ltd
Total voting:
247210314 shares were approved, accounting for 99.3076% of the shares held by all shareholders attending the meeting; Against 1720808 shares, accounting for 0.6913% of the shares held by all shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0011% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
Agreed to 4097629 shares, accounting for 70.3922% of the shares held by minority shareholders attending the meeting; Against 1720808 shares, accounting for 29.5614% of the shares held by minority shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0464% of the shares held by minority shareholders attending the meeting.
Proposal 1.03 provides a guarantee of no more than 100 million yuan for the loan of 100 million yuan applied by Qinghai Yihua to Datong County branch of Bank of Qinghai Co., Ltd
Total voting:
24722114 shares were agreed, accounting for 99.3124% of the shares held by all shareholders attending the meeting; Against 1709008 shares, accounting for 0.6865% of the shares held by all shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0011% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4109429 shares were approved, accounting for 70.5950% of the shares held by minority shareholders attending the meeting; Against 1709008 shares, accounting for 29.3587% of the shares held by minority shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0464% of the shares held by minority shareholders attending the meeting.
Proposal 1.04 provides a guarantee of no more than 149.4 million yuan for the loan of 149.4 million yuan applied by Songzi fertilizer to Industrial Bank Co.Ltd(601166) Yichang Branch
Total voting:
247218714 shares were agreed, accounting for 99.3110% of the shares held by all shareholders attending the meeting; Against 1712408 shares, accounting for 0.6879% of the shares held by all shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0011% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4106029 shares were approved, accounting for 70.5365% of the shares held by minority shareholders attending the meeting; Against 1712408 shares, accounting for 29.4171% of the shares held by minority shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0464% of the shares held by minority shareholders attending the meeting.
Proposal 1.05 for the loan of RMB 10 million applied by Yihua new materials to Industrial Bank Co.Ltd(601166) Yichang Branch, guarantee the loan of RMB 6.67 million according to the company’s shareholding ratio of Yihua new materials
Total voting:
247231014 shares were approved, accounting for 99.3160% of the shares held by all shareholders attending the meeting; Against 1692208 shares, accounting for 0.6798% of the shares held by all shareholders attending the meeting; 10600 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0043% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4118329 shares were approved, accounting for 70.7478% of the shares held by minority shareholders attending the meeting; Against 1692208 shares, accounting for 29.0701% of the shares held by minority shareholders attending the meeting; 10600 shares were abstained (including 0 shares by default due to non voting), accounting for 0.1821% of the shares held by minority shareholders attending the meeting.
Proposal 1.06 for the 80 million yuan loan applied by Youyi new material to Yichang Branch of Bank of Hubei, guarantee the 27.2 million yuan loan according to the company’s shareholding ratio of Youyi new material, and provide pledge guarantee for the 27.2 million yuan loan with 34% shares of Youyi new material held by the company
Total voting:
247233114 shares, accounting for 99.3168% of the shares held by all shareholders attending the meeting; 1698008 opposed shares, accounting for 0.6821% of the shares held by all shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0011% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4120429 shares were approved, accounting for 70.7839% of the shares held by minority shareholders attending the meeting; 1698008 shares opposed, accounting for 29.1697% of the shares held by minority shareholders attending the meeting; 2700 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0464% of the shares held by minority shareholders attending the meeting.
2. The proposal on Amending the articles of association was reviewed and passed (for details of the proposal, see the announcement on Amending the articles of association No. 2021-112 of cninfo.com on December 29, 2021).
Total voting:
Agreed to 247445914 shares, accounting for 99.4023% of the shares held by all shareholders attending the meeting; Against 1481708 shares, accounting for 0.5952% of the shares held by all shareholders attending the meeting; 6200 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0025% of the shares held by all shareholders attending the meeting.
Total voting of minority shareholders:
4333229 shares were approved, accounting for 74.4396% of the shares held by minority shareholders attending the meeting; Against 1481708 shares, accounting for 25.4539% of the shares held by minority shareholders attending the meeting; 6200 shares were abstained (including 0 shares by default due to non voting), accounting for 0.1065% of the shares held by minority shareholders attending the meeting.
Motion 1 is a major issue affecting the interests of small and medium-sized investors, and the company has counted the votes of small and medium-sized investors separately.
Proposal 2 is a special resolution, which has been adopted by more than two-thirds of the voting rights held by shareholders (including shareholders’ agents) attending the general meeting of shareholders.
4、 Legal opinions issued by lawyers
（1） Law firm: Hubei Puji law firm
（2） Name of Lawyer: Qin Xiaobing, Li Meng
（3） Conclusion: our lawyers believe that the convening and convening procedures, the qualifications of attendees and conveners, the voting procedures and voting results of the general meeting of shareholders are in line with the provisions of the company law, the rules of the general meeting of shareholders of listed companies and other laws, regulations and normative documents, the articles of association and the rules of procedure of the general meeting of shareholders, The voting result is legal and valid.
5、 Documents for future reference
1. Resolutions of the general meeting of shareholders signed and confirmed by the attending directors and stamped with the seal of the board of directors;
2. Legal opinions on Hubei Yihua Chemical Industry Co.Ltd(000422) the first extraordinary general meeting of shareholders in 2022. Hubei Yihua Chemical Industry Co.Ltd(000422)
Board of directors
January 13, 2022
