Securities code: 601117 stock abbreviation: China National Chemical Engineering Co.Ltd(601117) Announcement No.: pro 2022-003 China National Chemical Engineering Co.Ltd(601117)
Announcement of resolutions of the 28th meeting of the 4th board of directors
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Convening of board meeting
The notice of the 28th meeting of the Fourth Board of directors of China National Chemical Engineering Co.Ltd(601117) (hereinafter referred to as “the company” or “the company”) was sent in writing on January 9, 2022. The meeting was held in China National Chemical Engineering Co.Ltd(601117) building on January 14, 2022 in the form of on-site meeting. There were 7 directors who should attend the meeting and 7 directors who actually attended the meeting. Among them, Mr. Yang Youhong, an independent director, entrusted Mr. Liu Jie, an independent director, to vote on his behalf in writing. The meeting was presided over by Mr. Dai Hegen, chairman of the company. The meeting was held in accordance with relevant laws, regulations, normative documents, the articles of association and the rules of procedure of the board of directors. 2、 Deliberations of the board meeting
(I) proposal on Tianchen holding company establishing a project company to invest in Fujian Quangang propylene oxide project
Voting result: adopted. 7 in favor, 0 against and 0 abstention.
The board of directors of the company authorizes the management to handle the specific matters related to this foreign investment according to the procedures. China Tianchen Engineering Co., Ltd. (hereinafter referred to as “Tianchen company”), a wholly-owned subsidiary of the company, invested about 600 million yuan to jointly establish a project company with strategic investors and employee follow-up investment platform. The project company is responsible for investing in the phase I project of Fujian Quangang 600000 T / a propylene oxide project. After preliminary estimation, the investment of the phase I project is expected to be about 3.7 billion yuan. The project mainly includes 300000 t / a hydrogen peroxide propylene oxide unit and supporting 2 × 450000 T / a hydrogen peroxide plant, etc.
On the basis of many years of successful operation experience in industrial and new material projects, relying on the independently developed green, environmental friendly and low-cost hppo technology, Tianchen company has established the project company to invest in the phase I project of propylene oxide project, which will further optimize the layout of the company’s industrial and new material sector, enrich the product structure and improve the anti risk ability, Help achieve high-quality regional economic development and the goal of “double carbon”. The company adheres to basing itself on advantages, focusing on its main business, taking strategic emerging industries as the main direction, extends to the upstream and downstream of the industrial chain, strengthens the chain and supplements the chain, and promotes the industrial and new material business to become a new performance growth point. The investment is an important measure for the company to adhere to scientific and technological innovation and develop industrial and new material business, and will help the company to implement the development strategy of “accelerating the construction of comprehensive solution service provider and high-end chemical and advanced material supplier in the field of industrial engineering, and striving to build a world-class engineering company with distinctive characteristics, professional leadership and strong core competitiveness”.
(II) proposal on phase I project of Yichang new material innovation Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Park invested by Wuhuan company
Voting result: adopted. 7 in favor, 0 against and 0 abstention.
The board of directors of the company authorizes the management to handle the specific matters related to this foreign investment according to the procedures. China Wuhuan Engineering Co., Ltd. (hereinafter referred to as “Wuhuan company”), a wholly-owned subsidiary of the company, jointly established the project company with strategic investors and employee follow-up investment platform. The project company is responsible for investing in the first phase of “China Chemical Yichang new materials innovation Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Park project”. According to preliminary estimation, the project capital required for phase I project is expected to be about 3.8 billion yuan. The project mainly includes high-end phosphorus based materials, new fluorine materials, high-end bio based new materials and high-end chemicals, new material innovation base and park infrastructure.
Wuhuan Co., Ltd. and strategic investors jointly invest, build and operate the “Zhonghua Yichang new materials innovation Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Park project” based on building an innovation platform, relying on the local phosphate rock resources and regional advantages in Yichang, Hubei Province, focusing on the three development directions of new energy, new materials and new technology, supported by the company’s patents and proprietary technologies, Give full play to the advantages of the integration of the whole industrial chain and technological innovation ability of “phosphate rock phosphoric acid high purity phosphoric acid ferric phosphate phosphorus based high-end chemicals”, and promote the coordinated development of the company in the fields of advanced chemical new materials, special high-end chemicals and other industries and new materials, such as the transformation of technological innovation achievements, the extension of high-end value chain, engineering construction and industrialization.
It is hereby announced.
January 16, 2002
