Securities code: 600237 Securities for short: Tongfeng Electronic Announcement Number: Lin 2021-024

Anhui Tongfeng Electronics Co., LTD
Announcement of the resolution of the Sixth Meeting of the Ninth Board of Directors

The board of directors and all the directors of the Company warrant that there is no false record, misleading statement or material omission in the content of this announcement, and bear individual and joint liability for the authenticity, accuracy and completeness of the content.
I. The holding of Board of Directors meetings
1. The meeting of the Board of Directors is held in accordance with the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association.
2. Notice and documents of the Board meeting shall be issued to all directors of the Company in writing and by fax on August 16, 2021.
3. This Board of Directors meeting will be held on August 26, 2021 by communication vote.
4. At this board meeting, 7 directors shall participate in voting, and 7 directors actually participate in voting.
Ii. Review of the Board meeting
1. Deliberating and passing motions on the provision for asset impairment;
In the first half of 2021, the company's combined impairment reserves were deducted and withdrawn totaling 12,042,700 yuan, reversed to 8,298,300 yuan, and sold off to 3,661,800 yuan.
One independent director Zhuo Concurs with the proposal and comments as follows:
According to the "Accounting Standards for Business Enterprises" and relevant accounting policies, the provision of assets impairment in line with the actual situation of the company's assets and relevant policy requirements. After the company makes provision for asset impairment, it can more fairly reflect the company's asset status, which helps to provide more relevant and reliable accounting information.
There were 7 votes in favor of this bill, 0 against it, and 0 abstentions.
2. To review and adopt proposals on the implementation of new leasing standards and changes in relevant accounting policies;
The independent directors of the Company agree with the proposal and express the following independent opinions:
(1) The change of accounting policies is a reasonable change in accordance with the new leasing standards newly revised and released by the Ministry of Finance and combined with the actual situation of the company.
(2) The changed accounting policies of the Company are in line with the relevant regulations of the Ministry of Finance, China Securities Regulatory Commission and Shanghai Stock Exchange, and can objectively and fairly reflect the company's current financial position and operating results, and have no significant impact on the company's financial position, operating results and cash flow.
(3) The decision-making and disclosure procedures of this accounting policy change are in line with relevant regulations, and there is no harm to the interests of the company and all shareholders, especially minority shareholders.
There were 7 votes in favor of this bill, 0 against it, and 0 abstentions.
The detailed content of this motion is listed in the Company's Announcement on Implementing the New Leasing Standards and changing the relevant Accounting Policies.
3. Review and approve the company's semi-annual report and summary for 2021.
There were 7 votes in favor of this bill, 0 against it, and 0 abstentions.
This is to announce.