Stock abbreviation: Guangzhou Development Group Incorporated(600098) Stock Code: 600098 Lin No. 2022-010
Corporate bond abbreviation: G17 development 1 corporate bond Code: 127616
Corporate bond abbreviation: 21 suifa 01, 21 suifa 02 corporate bond Code: 188103, 188281
Guangzhou Development Group Incorporated(600098)
Announcement on resolutions of the 22nd Meeting of the 8th board of supervisors
The board of supervisors and all supervisors 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.
The 22nd Meeting of the 8th board of supervisors of Guangzhou Development Group Incorporated(600098) (hereinafter referred to as “the company”) was held by means of communication voting on January 19, 2022. There are 5 supervisors who should participate in the voting and 5 supervisors who actually participate in the voting, which is in line with the relevant provisions of the company law and the articles of association. The following resolutions were adopted at the meeting:
1、 Resolution on replacing the company’s self raised funds in advance by using the funds raised from non-public Development Bank A shares (5 supervisors who should participate in the voting, 5 supervisors who actually participate in the voting, 5 votes in favor).
After deliberation, all supervisors of the company unanimously agreed that:
The company uses the raised funds to replace the self raised funds invested in advance, and there is no disguised change in the purpose of the raised funds. This replacement will not affect the normal use of the raised funds, which is in line with the provisions on replacement within 6 months after the arrival of the raised funds, The contents and deliberation and decision-making procedures comply with the relevant provisions of the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (revised in 2022) and the guidelines for the self-discipline supervision of listed companies of Shanghai Stock Exchange No. 1 – standardized operation. At the same time, this replacement is conducive to improving the use efficiency of the raised funds, does not harm the interests of shareholders, meets the needs of the company’s operation and development, and is necessary and reasonable. In conclusion, the board of supervisors agreed that the company would use the raised funds of 1026100800 yuan to replace the self raised funds invested in advance. 2、 Resolution on the implementation of raised investment projects through the use of raised funds to inject capital into wholly-owned subsidiaries and provide loans (5 supervisors should participate in the voting, 5 supervisors actually participated in the voting, and 5 votes agreed).
After deliberation, all supervisors of the company unanimously agreed that:
The company’s use of raised funds to inject capital and provide loans to wholly-owned subsidiaries is based on the needs of the construction of raised investment projects, which is conducive to the smooth implementation of raised investment projects, complies with the use plan of raised funds, and complies with the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (revised in 2022) According to the requirements of laws, regulations, rules and normative documents such as self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 – standardized operation, there is no disguised change in the use of raised funds, and there is no damage to the interests of the company and its shareholders. Therefore, all supervisors of the company unanimously agreed that the company would use the raised funds to inject capital into the wholly-owned subsidiary, provide loans and implement the raised investment projects.
It is hereby announced.
Guangzhou Development Group Incorporated(600098) board of supervisors
January 20, 2022
