Securities code: 002438 securities abbreviation: Jiangsu Shentong Valve Co.Ltd(002438) Announcement No.: 2022-005 Jiangsu Shentong Valve Co.Ltd(002438)
Announcement on resolutions of the 21st Meeting of the 5th board of supervisors
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. 1、 Meetings held
1. Time and method of meeting notice: the meeting has been notified to all supervisors by telephone or e-mail on January 15, 2022;
2. Time, place and method of the meeting: the meeting was held on site in the multi-functional conference room on the third floor of the company’s No. 2 base on January 20, 2022;
3. Attendance at the meeting: 3 supervisors should attend the meeting and 3 actually attended;
4. Presiding and non voting participants: Ms. Chen Li presided over the meeting, and some senior managers of the company attended the meeting;
5. Meeting compliance: the meeting of the board of supervisors was held in accordance with the provisions of the company law, the securities law and the articles of association. 2、 Deliberations of the meeting
1. Proposal on using some idle raised funds for cash management
Voting result: 3 affirmative votes; Against: 0 votes; Abstention: 0 votes. The bill was passed.
The board of supervisors believes that the company and its wholly-owned subsidiaries use temporarily idle raised funds for cash management this time, which is conducive to improving the use efficiency of raised funds and increasing the company’s capital income. The relevant procedures comply with the relevant provisions of the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies of the CSRC, It does not conflict with the implementation plan of the company’s investment projects with raised funds, does not affect the normal progress of the investment projects with raised funds, nor does it change or change the purpose of the raised funds in a disguised form and damage the interests of shareholders. We agree that the company and its wholly-owned subsidiaries use idle raised funds of no more than RMB 300 million for cash management. For details, please refer to securities times, Shanghai Securities News and cninfo.com, the designated information disclosure media of the company, published on January 21, 2022（ http://www.cn.info.com.cn. ）Announcement on using some idle raised funds for cash management (Announcement No.: 2022-006). 3、 Documents for future reference
1. Resolution of the 21st Meeting of the 5th board of supervisors.
It is hereby announced.
Jiangsu Shentong Valve Co.Ltd(002438) board of supervisors January 21, 2022
