Willfar Information Technology Co.Ltd(688100) independent director
Independent opinions on relevant matters of the 11th meeting of the second board of directors
The 11th meeting of the second board of directors of Willfar Information Technology Co.Ltd(688100) (hereinafter referred to as “the company”) was held on February 10, 2022. In accordance with the company law of the people’s Republic of China, the rules for independent directors of listed companies, the rules for the listing of shares on the science and Innovation Board of Shanghai Stock Exchange and other laws, regulations and normative documents, as well as the articles of association of Willfar Information Technology Co.Ltd(688100) (hereinafter referred to as the “articles of association”) and the working system of Willfar Information Technology Co.Ltd(688100) independent directors, as an independent director of the company Responsible attitude, based on the principles of independence, prudence and objectivity, we have carefully reviewed the relevant materials of this meeting, and now express independent opinions on the relevant matters considered at the meeting as follows:
1、 Independent opinions on the proposal of using some temporarily idle raised funds for cash management
The company plans to use the temporarily idle raised funds with a limit of no more than 300 million yuan (including this amount) for cash management, and within the above limit, the funds can be used on a rolling basis. The decision-making procedures for the above matters comply with the relevant provisions of laws and regulations such as the Listing Rules of shares on the science and Innovation Board of Shanghai Stock Exchange, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, and the guidelines for the self-discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation, as well as the management system of raised funds of the company. The company’s use of temporarily idle raised funds for cash management does not conflict with the contents of the investment projects of raised funds, affect the normal implementation of the investment projects of raised funds, change the purpose of raised funds in a disguised manner, affect the normal development of the company’s main business, or damage the interests of the company and all shareholders, especially small and medium-sized shareholders, It meets the needs of the company’s development interests and helps to improve the efficiency of the company’s fund use.
To sum up, we agree that the company can use the temporarily idle raised funds with a limit of no more than RMB 300 million (including this amount) for cash management. Within the above limit, the funds can be used on a rolling basis, and the service life is valid within 12 months from the expiration date of the authorization period at the fifth meeting of the second board of directors (February 24, 2022). (there is no text below this page, followed by the signature page)
(there is no text on this page, which is the signature page of Willfar Information Technology Co.Ltd(688100) independent directors’ independent opinions on matters related to the 11th meeting of the second board of directors)
Ding Fangfei, Wang Hongyan, Dong Xinzhou
February 10, 2022
