Zhejiang Huayou Cobalt Co.Ltd(603799) announcement of the resolution of the 27th meeting of the Fifth Board of directors
Stock Code: 603799 stock abbreviation: Zhejiang Huayou Cobalt Co.Ltd(603799) Announcement No.: 2022-003 Zhejiang Huayou Cobalt Co.Ltd(603799)
Announcement on resolutions of the 27th meeting of the 5th 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.
Meetings of the board of directors
The 27th meeting of the 5th board of directors of Zhejiang Huayou Cobalt Co.Ltd(603799) (hereinafter referred to as “the company”) was held by means of communication on January 19, 2022. The notice of this meeting was notified to all directors, supervisors and senior managers in writing, e-mail and telephone on January 14, 2022. The meeting was convened and presided over by Mr. Chen Xuehua, chairman of the board. There were 7 directors who should attend the meeting and 7 directors who actually attended the meeting. The convening and convening procedures of this meeting comply with the provisions of the company law and the articles of association, and the meeting is legal and effective.
Deliberations of the board meeting
1、 Deliberated and adopted the proposal on capital increase for phase II project of the joint venture
It is agreed that Zhejiang Huayou New Energy Technology Co., Ltd. (hereinafter referred to as “Huayou new energy”) and POSCO chemical of Korea Co., Ltd. (hereinafter referred to as “POSCO chemical”) which are the holding subsidiaries of the company, will respectively invest in Zhejiang Huayou POSCO new energy materials Co., Ltd. (hereinafter referred to as “Huayou POSCO”) and Zhejiang Puhua new energy materials Co., Ltd. (hereinafter referred to as “Puhua company”) Carry out capital increase and construction of phase II project. Of which:
Huayou POSCO increased its registered capital by 1445.32 million yuan. Huayou new energy and POSCO chemical increased their capital respectively, including 867.19 million yuan for Huayou new energy and 578.13 million yuan for POSCO chemical; After the capital increase, the registered capital of Huayou POSCO will increase from 336 million yuan to 178.132 million yuan, and Huayou new energy, POSCO and POSCO chemical will hold 60%, 7.54% and 32.46% of the equity of Huayou POSCO respectively;
The registered capital of Puhua company increased by 163769 million yuan. Huayou new energy and POSCO chemical increased the capital of Puhua company respectively, of which Huayou new energy increased by 65.08 million yuan and POSCO chemical increased by 98.261 million yuan.
Zhejiang Huayou Cobalt Co.Ltd(603799) announcement of the resolution of the 27th meeting of the Fifth Board of directors
After the capital increase, the registered capital of Puhua company will increase from 310 million yuan to 1947.69 million yuan. Huayou new energy, POSCO and POSCO chemical will hold 40%, 9.55% and 50.45% of the equity of Puhua company respectively.
See Announcement No. 2022-005 of the company for details.
Voting results: 7 in favor, 0 against and 0 abstention.
2、 The proposal on the appointment of deputy general manager of the company was deliberated and adopted
Agree to appoint Mr. Wu Mengtao as Zhejiang Huayou Cobalt Co.Ltd(603799) deputy general manager, whose term of office starts from the effective date of the resolution of the board of directors to the expiration date of the Fifth Board of directors. See Announcement No. 2022-006 of the company for details.
Voting results: 7 in favor, 0 against and 0 abstention.
3、 The proposal on repurchase and cancellation of some restricted shares in the 2021 restricted stock incentive plan was deliberated and adopted
According to the measures for the administration of equity incentive of listed companies, the relevant provisions of the company’s restricted stock incentive plan (Draft) in 2021 and the authorization of the first extraordinary general meeting of shareholders in 2021 held by the company on May 17, 2021, in view of the fact that 14 incentive objects among some incentive objects granted by the restricted stock incentive plan in 2021 have resigned due to personal reasons Two incentive objects have resigned due to job transfer not under personal control, and three of the first granted incentive objects have resigned due to personal reasons, lost their qualification to participate in the incentive plan as incentive objects, and no longer meet the conditions to become incentive objects, The board of directors of the company agreed to repurchase and cancel 102500 shares of restricted shares granted to some incentive objects for the first time but not lifted at the price of 37.89 yuan / share, and 28000 shares of restricted shares granted to some incentive objects for the first time but not lifted at the price of 53.84 yuan / share. See Announcement No. 2022-007 of the company for details.
Voting results: 7 in favor, 0 against and 0 abstention.
It is hereby announced.
Zhejiang Huayou Cobalt Co.Ltd(603799) board of directors January 19, 2022
