Securities code: Hengbao Co.Ltd(002104) securities abbreviation: Hengbao Co.Ltd(002104) Announcement No.: 2022025 Hengbao Co.Ltd(002104)
Announcement of resolutions of the 13th interim meeting of the seventh board of supervisors
The company and all members of the board of supervisors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
1. Time and method of meeting notice of the board of supervisors: the company has sent a meeting notice to all supervisors of the company in writing on May 12, 2022.
2. Time, place and method of the meeting of the board of supervisors: at 13:00 p.m. on May 19, 2022, it will be held in the villa conference room of the company in Hengtang Industrial Zone, Danyang City, Jiangsu Province by means of on-site communication.
3. Three supervisors should be present at this meeting, and three actually present.
4. Moderator and non voting participants of the meeting of the board of supervisors: the meeting is presided over by Mr. Jiang Xiaoping, chairman of the board of supervisors. The non voting participants include the Secretary of the board of directors and securities affairs representative of the company. 5. The meeting shall be held in accordance with the relevant provisions of the company law and the articles of association
2、 Deliberation at the meeting of the board of supervisors
(I) the meeting deliberated and adopted the proposal on canceling some stock options of 2021 stock option incentive plan by 3 votes in favor, 0 votes against and 0 abstentions
After review, the board of supervisors believes that according to the relevant provisions of the measures for the administration of equity incentive of listed companies, the company’s 2021 stock option incentive plan (Draft) and the measures for the administration of the implementation and assessment of 2021 stock option incentive plan, some incentive objects are not up to standard or not fully up to standard due to resignation, personal performance assessment in 2021, etc, It is decided to cancel a total of 1.4822 million stock options granted to 21 incentive objects but not exercised. In line with the provisions of the company’s 2021 stock option incentive plan (Draft) and relevant laws and regulations, some stock options in the 2021 stock option incentive plan are legal and effective.
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 3 affirmative votes, 0 negative votes and 0 abstention votes
After review, the board of supervisors believes that according to the relevant provisions of the measures for the administration of equity incentive of listed companies, the company’s 2021 stock option incentive plan (Draft) and the measures for the administration of the implementation and assessment of 2021 stock option incentive plan, the exercise conditions in the first exercise period of the first part of the company’s 2021 stock option incentive plan have been met, and the subject qualification of the incentive object that can be exercised this time is legal and effective. The board of supervisors unanimously agreed to handle all matters necessary for the exercise of the company in accordance with the relevant provisions of the company’s 2021 stock option incentive plan (Draft).
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. ）。
It is hereby announced!
Hengbao Co.Ltd(002104)
May 19, 2002
