Sino Geophysical Co.Ltd(300191)
Sino Geophysical Co.Ltd(300191)
Independent directors’ comments on the second meeting of the Fifth Board of directors
Independent opinions on relevant matters
As an independent director of Sino Geophysical Co.Ltd(300191) (hereinafter referred to as “the company”), in accordance with the guiding opinions on the establishment of independent director system in listed companies issued by China Securities Regulatory Commission, the guidelines for the standardized operation of companies listed on the gem issued by Shenzhen Stock Exchange and the relevant requirements of the articles of association of Sino Geophysical Co.Ltd(300191) , in line with the attitude of being responsible to the company, all shareholders and investors, Adhering to the principle of seeking truth from facts, the company has carefully checked the following matters during the reporting period, and now gives the following independent opinions on the relevant matters of the second session of the Fifth Board of directors of the company: I. independent opinions on the proposal on increasing capital to smart oil, an overseas wholly-owned company, and signing major oil contracts with CNOOC
The signing of this major contract between smart oil and CNOOC is for the consideration of future development, in line with the company’s established development strategy, conducive to the company’s long-term development and in line with the interests of the company and all shareholders. It is agreed to increase the capital of smart oil by 18 million US dollars by stages through jinsinan Energy Co., Ltd. (BVI subsidiary), agree that smart oil is an operator in Nanhai 22 / 05 contract area, sign a product sharing contract with CNOOC – Nanhai 22 / 05 contract area oil contract, and agree to submit it to the general meeting of shareholders for deliberation. 2、 Independent opinions on the proposal on providing performance guarantee for overseas wholly-owned company smart oil
The purpose of providing performance guarantee to overseas wholly-owned companies this time is to better perform the oil contract in Nanhai 22 / 05 contract area. The guarantee will not affect the company’s sustainable operation ability and will not damage the interests of the company and shareholders, especially small and medium-sized shareholders. The voting procedures of the board of directors on this guarantee comply with the provisions of relevant laws and regulations and the articles of association. The voting results are legal and effective. We agree with the guarantee of the company. And agreed to submit it to the general meeting of shareholders for deliberation.
Independent director: Yang Shubo, Wang Yueyong, Zhang Ran February 15, 2022
Sino Geophysical Co.Ltd(300191)
(there is no text on this page, which is the signature page of the independent director of the company’s independent opinions on matters related to the second meeting of the Fifth Board of directors)
Signature of all independent directors:
Yang Shubo, Zhang Ran
Wang Yueyong
Sino Geophysical Co.Ltd(300191) board of directors
February 15, 2022
