Huaxia Happiness (600340.SH): The board of directors rejects China Ping An Life Insurance's proposal to add five temporary items to the shareholders' meeting

Zhitong Finance App News, Huaxia Happiness (600340.SH) issued an announcement. The company's board of directors rejected five temporary proposals submitted by shareholder Ping An Life Insurance Co., Ltd. until the 3rd Extraordinary General Meeting of Shareholders in 2025 for consideration. The main reasons include: the proposal violates relevant laws and regulations, conflicts with matters to be considered by the company, or does not fall within the scope of the shareholders' meeting.

Chairman Wang Wenwen and all non-independent directors and independent directors all voted against it. Provisional proposals include: Provisional Proposal 1: Proposal to recognize matters relating to the pre-restructuring, restructuring, and liquidation of the company as a special resolution of the shareholders' meeting; Provisional Proposal 2: Proposal to dismiss Feng Nianyi, a non-independent director of the 8th board of directors of the Company; Provisional Proposal 3: Proposal to elect Ms. Qiu Wenli as a non-independent director of the 8th board of directors; Provisional Proposal 4: Proposal to agree that the company's financial institution creditor committee will cooperate with the “Debt Reorganization Plan” to carry out special financial due diligence; Provisional Proposal 5: A debt restructuring plan requiring senior management of the company to pass a resolution passed by the board of directors The implementation of the bill was explained in detail and publicly disclosed for specific reasons that seriously fell short of expectations.