Hainan Jinpan Smart Technology Co.Ltd(688676) independent director
Independent opinions on matters related to the 19th meeting of the second board of directors
In accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”), the rules for independent directors of listed companies, the Listing Rules for shares on the science and Innovation Board of Shanghai Stock Exchange, the Hainan Jinpan Smart Technology Co.Ltd(688676) articles of association and other relevant provisions, As an independent director of Hainan Jinpan Smart Technology Co.Ltd(688676) (hereinafter referred to as “the company”), we have carefully reviewed the documents of the 19th meeting of the second board of directors of the company based on the principle of prudence. Based on the position of independent judgment, we hereby express the following independent opinions on relevant matters:
1、 Independent opinions on the proposal on providing bank credit guarantee for Guilin juntaifu Electric Co., Ltd., a wholly-owned subsidiary
Independent directors believe that:
The company guarantees the credit of Guilin juntaifu Electric Co., Ltd. (hereinafter referred to as “Guilin juntaifu”), a wholly-owned subsidiary, in order to meet the capital needs of the operation and development of the subsidiary. Guilin juntaifu applies for a comprehensive credit line from financial institutions to meet its digital transformation, which is a normal business behavior. The guarantee object provided by the company is the wholly-owned subsidiary within the scope of the company’s consolidated statements. The asset credit status is good. The company has control over the guaranteed company and the guarantee risk is controllable. The decision-making procedure of this external guarantee is legal and compliant, complies with the provisions of relevant laws, regulations, rules and other normative documents and the articles of association, and will not have an adverse impact on the company’s financial situation, nor will it damage the interests of the company and shareholders, especially the interests of minority shareholders. In conclusion, we agree that the company will provide guarantee for the wholly-owned subsidiary to apply for credit line from the bank.
2、 Independent opinions on the proposal on providing guarantee for the wholly-owned subsidiary Jinpan Electric Group (Shanghai) Co., Ltd
Independent directors believe that:
Jinpan Electric Group (Shanghai) Co., Ltd. (hereinafter referred to as “Shanghai Jinpan”) applies for comprehensive credit line from financial institutions to meet the capital needs of its daily operation and business development and ensure the smooth development of business. It is a normal business behavior. The guarantee object provided by the company is the wholly-owned subsidiary within the scope of the company’s consolidated statements. The asset credit status is good. The company has control over the guaranteed company and the guarantee risk is controllable. The decision-making procedure of this external guarantee is legal and compliant, complies with the provisions of relevant laws, regulations, rules and other normative documents and the articles of association, and will not have an adverse impact on the company’s financial situation, nor will it damage the interests of the company and shareholders, especially the interests of minority shareholders. In conclusion, we agree that the company will provide guarantee for the wholly-owned subsidiary to apply for credit line from the bank. (there is no text below, followed by the signature page)
(there is no text on this page, which is the signature page of Hainan Jinpan Smart Technology Co.Ltd(688676) independent directors’ independent opinions on matters related to the 19th meeting of the second board of directors)
Signature of independent director:
Zhao Chunxiang
(this page has no text and is the signature page of Hainan Jinpan Smart Technology Co.Ltd(688676) independent directors’ independent opinions on relevant matters of the 19th meeting of the second board of directors)
Signature of independent director:
Gao Ciwei
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