Board announcement
Securities code: 000655 securities abbreviation: Shandong Jinling Mining Co.Ltd(000655) Announcement No.: 2022-003 Shandong Jinling Mining Co.Ltd(000655)
Announcement on the establishment of branches
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.
Shandong Jinling Mining Co.Ltd(000655) (hereinafter referred to as “the company” or “the head office”) deliberated and adopted the proposal on the establishment of branches at the fifth (temporary) meeting of the ninth board of directors held on January 14, 2022, and agreed to establish Jinan Branch and Zibo Branch. According to the relevant laws and regulations, normative documents and the articles of association, the establishment of the branch does not constitute a related party transaction, nor does it constitute a major asset reorganization specified in the measures for the administration of major asset reorganization of listed companies, and does not need to be submitted to the general meeting of shareholders for deliberation. 1、 Basic information of the proposed branch
(I) Jinan Branch
1. Name: Shandong Jinling Mining Co.Ltd(000655) Jinan Branch
2. Type: branch of joint stock company
3. Place of business: high tech Zone, Jinan City, Shandong Province
4. Business scope: Mining of mineral resources (non coal mines), industrial engineering design services, business training (excluding education training, vocational skill training and other training requiring permission) and other businesses within the business scope of the head office. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
The above information shall be subject to the approval of the local industrial and commercial registration authority.
(II) Zibo Branch
1. Name: Shandong Jinling Mining Co.Ltd(000655) Zibo Branch
2. Type: branch of joint stock company
3. Place of business: high tech Zone, Zibo City, Shandong Province
4. Business scope: Mining of mineral resources (non coal mines), construction of construction projects, mining machinery manufacturing and other businesses within the business scope of the head office. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
The above information shall be subject to the approval of the local industrial and commercial registration authority.
Board announcement
2、 Purpose of establishing a branch, impact on the company and existing risks
(I) purpose of establishing a branch and its impact on the company
According to the company’s business development needs, the establishment of branches is conducive to further allocating the company’s resources, optimizing the company’s business division and organizational structure, facilitating the introduction and management of technical talents, improving the company’s overall operation and management efficiency and promoting the company’s development.
The branch to be established this time is a branch of a non independent legal person, which will not increase the company’s operating risk, have a significant adverse impact on the company’s finance and operation, and will not damage the interests of the company and all shareholders.
(II) existing risks
After the proposed establishment of a branch is reviewed and approved by the board of directors of the company, it is necessary to go through the industrial and commercial registration procedures according to the specified procedures, and there is no risk limited or prohibited by laws and regulations. The board of directors of the company will actively pay attention to the progress of the matter and fulfill the obligation of information disclosure in time. Please pay attention to the risks.
3、 Documents for future reference
1. (Interim) resolution of the 5th meeting of the 9th board of directors.
It is hereby announced.
Shandong Jinling Mining Co.Ltd(000655)
Board of directors
January 15, 2022
