Securities code: 603655 securities abbreviation: Changzhou Langbo Sealing Technology Co.Ltd(603655) Announcement No.: 2022-003 Changzhou Langbo Yantai Ishikawa Sealing Technology Co.Ltd(301020) Co., Ltd
On candidates for non independent directors of the third board of directors
Announcement of relevant matters
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. Changzhou Longbo Yantai Ishikawa Sealing Technology Co.Ltd(301020) Co., Ltd. (hereinafter referred to as “the company” or ” Changzhou Langbo Sealing Technology Co.Ltd(603655) “) held the 13th meeting of the second board of directors on January 22, 2022, deliberated and adopted the proposal on nominating non independent directors of the third board of directors of the company. Among them, it is proposed to nominate Mr. Qi Ganchao as a candidate for non independent directors of the third board of directors, and issued the announcement of Changzhou Longbo Yantai Ishikawa Sealing Technology Co.Ltd(301020) Co., Ltd. on the general election of the board of directors and the board of supervisors on January 24, 2022. (for details, see the website of Shanghai Stock Exchange at www.sse. Com. CN.)
Mr. Qi Ganchao, one of the non independent director candidates of the third board of directors of the company, was publicly reprimanded by Shanghai Stock Exchange on July 21, 2021 because he did not attend or entrust others to attend the review of the 2020 semi annual report of the board of directors and did not sign a written confirmation opinion on the periodic report. According to Article 3.2.2 of the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 1 – standardized operation, “candidates for directors, supervisors and senior managers shall not be nominated as directors, supervisors and senior managers of listed companies under any of the following circumstances: (V) they have been publicly condemned or criticized by the stock exchange for more than two times in the last 36 months;” The company plans to nominate Mr. Qi Ganchao as the candidate of the third board of directors. Mr. Qi Ganchao has been publicly condemned and punished by Shanghai stock exchange for less than 36 months. The above situation exists. In addition, according to Article 3.2.3 of the guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 – standardized operation, “if the board of directors and the board of supervisors believe that their continued appointment as directors, supervisors and senior managers plays an important role in the operation of the company, they can nominate them as candidates for the next term, and the reasons for nomination shall be fully disclosed.”, The reasons for continuing to nominate Mr. Qi Ganchao as a director of the third board of directors are as follows:
1、 Qi Ganchao plays an important role in the operation of the company. Mr. Qi Ganchao is a director of the first and second board of directors of the company. Qi Ganchao has been working in the company since 2011. He has successively served as director of supply department, Secretary of the board of directors, deputy general manager in charge of sales, supply, production and securities department and general manager in charge of all operations of the company. He is familiar with the overall operation of the company, plays an important role in the future development and market development of the company, and is an indispensable key personnel in the operation and management of the company, Failure to continue as a director of the company will have a significant adverse impact on the normal operation of the company.
2、 Mr. Qi Ganchao is the son of Qi Jianguo, the actual controller and current chairman. He and his parents directly and indirectly hold more than 65% of the shares of the company. Mr. Qi Jianguo and his wife fan Xiaofeng, the actual controller, have retired and will no longer hold any position in the company after the change of the board of directors. Mr. Qi Ganchao will participate in the management of the company on behalf of the actual controller and the person acting in concert, and will continue to serve as a director, which is conducive to the stability of the company’s control and the stability of its business development strategy.
3、 The reason why Mr. Qi Ganchao was subject to disciplinary action was his personal reason, which did not involve major mistakes in the company’s operation, violations of laws and regulations, and did not have a significant adverse impact on the company. Since then, he has made profound reflection and correction. Since then, he has been able to earnestly perform his duties and work diligently, continue to promote product structure adjustment, make every effort to reduce the procurement cost of raw materials, lead technicians to improve process and improve product quality, and do a good job in cost control, especially in the period when the market share of fuel vehicles is gradually reduced and new energy vehicles are booming, Led the sales staff to consolidate and tap the market share of existing customers, and achieved remarkable results in planning the future development direction and market development.
Based on the above, the board of directors of the company believes that Mr. Qi Ganchao’s continued appointment as a director of the company plays an important role in the operation of the company, and plans to nominate him as a candidate for the next director, and submit the proposal of electing Qi Ganchao as a non independent director of the third board of directors to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
According to the relevant provisions of the guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 – standardized operation, the above-mentioned proposal shall be passed by not only more than half of the equity held by the shareholders attending the general meeting of shareholders, but also more than half of the equity held by the minority shareholders attending the general meeting of shareholders. See the company’s website www.sse.com on January 24, 2022 for details con. cn. Materials for the 2022 first extraordinary general meeting of Changzhou Longbo Yantai Ishikawa Sealing Technology Co.Ltd(301020) Co., Ltd.
It is hereby announced!
Board of directors of Changzhou Longbo Yantai Ishikawa Sealing Technology Co.Ltd(301020) Co., Ltd. January 24, 2022
