Securities code: 000703 securities abbreviation: Hengyi Petrochemical Co.Ltd(000703) Announcement No.: 2022-015 Hengyi Petrochemical Co.Ltd(000703)
Announcement on purchasing liability insurance for directors, supervisors and senior officers of the company
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.
Hengyi Petrochemical Co.Ltd(000703) (hereinafter referred to as “the company”) deliberated and adopted the proposal on purchasing liability insurance for directors, supervisors and senior management of the company at the 16th meeting of the 11th board of directors held on January 21, 2022. The company plans to purchase liability insurance for all directors, supervisors and senior management. The specific scheme of liability insurance is as follows:
1. Applicant: Hengyi Petrochemical Co.Ltd(000703)
2. Insured: the company and its directors, supervisors and senior managers
3. Limit of compensation: RMB 50 million
4. Premium expenditure: no more than 150000 yuan / year (subject to the final quotation approval data of the insurance company)
5. Insurance period: 12 months
The board of directors requests the general meeting of shareholders to authorize the management to handle matters related to the purchase of all directors, supervisors and senior managers’ liability insurance within the above authority (including but not limited to determining other relevant responsible persons; determining insurance companies; determining insurance amount, premium and other insurance terms; selecting and appointing insurance brokerage companies or other intermediaries; signing relevant legal documents and dealing with other matters related to insurance), And handle matters related to renewal or re insurance at or before the expiration of the liability insurance contract of the directors, supervisors and senior managers in the future.
According to the articles of association and relevant laws and regulations, all directors of the company abstain from voting on this proposal, which needs to be submitted to the general meeting of shareholders for deliberation.
It is hereby announced.
Hengyi Petrochemical Co.Ltd(000703) board of directors January 21, 2002
