Shanghai Hongda New Material Co.Ltd(002211)
Independent directors’ opinions on the 16th meeting of the 6th board of directors
Independent opinions on relevant matters
In accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the guiding opinions on the establishment of independent director system in listed companies issued by China Securities Regulatory Commission, the stock listing rules of Shenzhen Stock Exchange (revised in 2020) and other relevant laws, regulations, rules and other normative documents, As an independent director of the 6th board of directors of Shanghai Hongda New Material Co.Ltd(002211) (hereinafter referred to as “the company”), we are responsible to the company and all shareholders and based on the principle of independent and objective judgment, The independent opinions on the relevant matters considered at the 16th meeting of the sixth board of directors of the company are as follows: (I) proposal on the proposed provision of large amount credit and assets of the company and the recognition of goodwill impairment reserves of subsidiaries
After verification, we believe that the company’s provision for asset impairment and write off of assets this time comply with the relevant provisions of the accounting standards for business enterprises and the actual situation of the company, truly reflect the financial situation of the company, and the basis for the provision for asset impairment is sufficient; The provision for asset impairment and write off of assets this time do not involve the company’s related parties, nor do they damage the interests of the company and shareholders, especially small and medium-sized shareholders. The review procedures comply with relevant laws and regulations and the articles of association.
(II) proposal on disposal of assets of wholly-owned subsidiaries Shanghai Guanfeng and Shanghai Hongzhu
After verification, we believe that after the thunderstorm of private network business, the operation of the two wholly-owned subsidiaries has been seriously affected, and the production equipment is basically idle. This asset disposal of the company is conducive to revitalizing the company’s assets and reducing the company’s losses. The voting procedures and contents of this matter comply with the provisions of relevant laws and regulations and the articles of association. The transaction price of this asset disposal is fair, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders.
independent director:
Xu Lianghu, Gu Qirong
January 27, 2022
