Pangang Group Vanadium Titanium & Resources Co.Ltd(000629)
The 26th meeting of the 8th board of directors was held by means of communication at 9:00 on February 8, 2022. We attended the meeting as independent directors. In accordance with the requirements of the rules for independent directors of listed companies, the guidelines for the governance of listed companies and the relevant provisions of the articles of association, and based on the independent, objective and impartial position, the following independent opinions are expressed on the transfer of assets to related parties and related party transactions discussed at this meeting:
We believe that the related party transaction of the company refers to the asset appraisal report of some assets to be transferred by Panzhihua Iron and Steel Group Titanium Industry Co., Ltd. (Zhonglian pingbao Zi [2021] No. 3845) issued by Zhonglian asset appraisal group Co., Ltd. and takes March 31, 2021 as the appraisal base date. The pricing basis is fair and reasonable, There is no situation that damages the interests of the company and all shareholders, especially minority shareholders.
When the board of directors of the company deliberated the proposal, the related directors avoided voting, and the deliberation and decision-making procedures were in line with the company law of the people’s Republic of China, the stock listing rules of Shenzhen Stock Exchange and other laws and regulations and the relevant provisions of the articles of association of the company. Therefore, we agree to the above related party transactions.
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(there is no text on this page, which is the signature page of Pangang Group Vanadium Titanium & Resources Co.Ltd(000629) independent director’s independent opinions on asset transfer and related party transactions to related parties.)
Director Gao Jinkang, director Yan Hong, director Mituo
February 8, 2022
