Securities code: Hengbao Co.Ltd(002104) securities abbreviation: Hengbao Co.Ltd(002104) Announcement No.: 2022024 Hengbao Co.Ltd(002104)
Announcement on the resolutions of the 17th interim meeting of the seventh 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, and there are no false records, misleading statements or major omissions.
Hengbao Co.Ltd(002104) (hereinafter referred to as “the company”) the 17th interim meeting of the seventh board of directors was held by means of communication on the morning of May 19, 2022.
1、 Meetings of the board of directors
1. Time and method of notice of the meeting of the board of directors: the company has sent a notice of the meeting to all directors of the company in writing on May 12, 2022.
2. Time, place and method of the board meeting: held by communication at 9:30 a.m. on May 19, 2022.
3. 8 directors should be present at this meeting, and 8 directors actually present.
4. Moderator and non voting participants of the board meeting: the meeting is presided over by the chairman, Mr. Qian Jing. The non voting participants include the Secretary of the board of directors, securities affairs representative and all supervisors. 5. The meeting shall be held in accordance with the relevant provisions of the company law and the articles of association.
2、 Deliberations of the board meeting
(I) the meeting deliberated and adopted the proposal on canceling some stock options of 2021 stock option incentive plan by 5 votes in favor, 0 votes against and 0 abstentions.
According to the measures for the administration of equity incentive of listed companies, the company’s 2021 stock option incentive plan (Draft) and other relevant provisions, as well as the authorization of the company’s first extraordinary general meeting of shareholders in 2021, some incentive objects are not up to standard or not up to standard due to resignation, personal performance assessment in 2021, etc, It is decided to cancel the total of 1482200 stock options granted to 21 incentive objects but not yet exercised.
Mr. Gao Qiang, Ms. Xu Xiaoling and Ms. Chen Meimei, the directors of the company, were the incentive objects of this incentive plan, avoided the voting of this proposal, and the other five directors participated in the voting.
The company’s announcement on canceling some stock options of 2021 stock option incentive plan is detailed in the securities times, China Securities Journal, Shanghai Securities News and cninfo.com, the company’s designated information disclosure website, on May 20, 2022（ http://www.cn.info.com.cn. ）。
(II) the meeting deliberated and adopted the proposal on the achievement of exercise conditions in the first exercise period of the first grant of part of the company’s stock option incentive plan in 2021 by 5 votes in favor, 0 against and 0 abstention. According to the measures for the administration of equity incentive of listed companies, the company’s 2021 stock option incentive plan (Draft) and other relevant provisions, as well as the authorization of the company’s first extraordinary general meeting in 2021, the board of Directors believes that the exercise conditions for the first exercise period of the first grant set in the equity incentive plan have been met. The company will handle all matters necessary for the exercise of stock options for eligible incentive objects.
Mr. Gao Qiang, Ms. Xu Xiaoling and Ms. Chen Meimei, the directors of the company, were the incentive objects of this incentive plan, avoided the voting of this proposal, and the other five directors participated in the voting.
For details of the company’s announcement on the first exercise of stock options and the first exercise conditions of the company’s designated stock rights on the website of China Securities Times in 2021, see the announcement of China Securities Times on the first exercise of stock options in 2022（ http://www.cn.info.com.cn. ）。 Hengbao Co.Ltd(002104) board of directors may 19, 2002
