Kennede Electronics Mfg.Co.Ltd(002723)
Opinions of independent directors on relevant matters of the 29th meeting of the Fifth Board of directors
separate opinion
As an independent director of Kennede Electronics Mfg.Co.Ltd(002723) (hereinafter referred to as “the company”), we have carefully reviewed the relevant documents of the company in accordance with the relevant provisions of the rules for independent directors of listed companies, the stock listing rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock exchange No. 1 – standardized operation of listed companies on the main board, the articles of association and other relevant provisions, Based on the position of independent judgment, we hereby express the following independent opinions on the use of some idle raised funds for cash management considered at the 29th meeting of the Fifth Board of directors of the company:
After review, we believe that the company and its subsidiaries intend to use part of the idle raised funds for cash management on the premise of ensuring the funds required by the company and its subsidiaries’ raised investment projects and ensuring the safety of the raised funds, which can maximize the preservation and value-added of funds, improve the overall performance of the company, and maximize the interests of the company and shareholders, Comply with the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (revised in 2022) and other relevant laws and regulations, as well as the relevant provisions of the company’s measures for the management of raised funds. The above-mentioned acts of the company and its subsidiaries will not affect the normal development of the investment projects with raised funds and the daily operation of the company and its subsidiaries, and there is no situation of changing the purpose of the raised funds in a disguised form or damaging the interests of shareholders. We agree that the company uses some idle raised funds for cash management.
Independent director: Rao Li, yuan Peichu, Wang Danzhou
February 17, 2022
