Stock Code: 601598 stock abbreviation: Sinotrans Limited(601598) No.: Lin 2022-006
Announcement of resolutions of the 8th meeting of the 3rd 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.
The notice of the eighth meeting of the third board of directors of Sinotrans Limited(601598) (hereinafter referred to as “the company” or “the company”) was sent to all directors on January 18, 2022, and the meeting was held in the form of communication meeting on January 25, 2022. The meeting was presided over by Mr. Wang Hong, the chairman of the board. There were 11 directors who should attend and 9 directors who attended in person. Mr. Song Dexing, the vice chairman, entrusted Mr. Wang Taiwen, the independent non-executive director, to attend and vote on his behalf due to other work arrangements, and Mr. Deng Weidong, the non-executive director, entrusted Mr. Wang Hong, the chairman, to attend and vote due to other work arrangements. The company’s supervisors and some senior managers attended the meeting as nonvoting delegates. The notice, convening and voting procedures, meeting contents and voting results of this meeting comply with the relevant provisions of the company law of the people’s Republic of China and the articles of association of the company.
The meeting considered and voted on the following proposals:
1、 Proposal on the authorization management system of the board of directors of the company
After deliberation, the board of directors unanimously agreed to the proposal.
Voting results: 11 in favor, 0 against and 0 abstention.
2、 After deliberation, the board of directors approved the proposal on granting stock options to the incentive objects of the company’s stock option incentive plan (phase I). According to the relevant provisions of the measures for the administration of equity incentive of listed companies, the stock option incentive plan (phase I) (Draft) (the “stock option incentive plan”) and the resolution of the company’s first extraordinary general meeting in 2022, the board of Directors believes that the grant conditions specified in the stock option incentive plan have been met, The confirmation grant date is January 25, 2022, and 73.9258 million stock options are granted to 186 incentive objects. See the company’s website at Shanghai stock exchange for details（ http://www.sse.com.cn. ）Announcement on granting stock options to incentive objects of the company’s stock option incentive plan (phase I) (Lin 2022-008).
Executive director Mr. Song Rong, non-executive director Mr. Liu Weiwu and Mr. Jiang Jian, as the incentive objects of this stock option incentive plan, have avoided voting on this proposal. The independent directors of the company expressed their independent opinions on the proposal.
Voting results: 8 in favor, 0 against and 0 abstention.
It is hereby announced.
Sinotrans Limited(601598) board of directors January 25, 2002
