Shanghaichengdiconstructioncorporationltd(603887)
Independent directors’ comments on the fifth meeting of the Fourth Board of directors
Independent opinions on relevant matters
According to the guiding opinions on the establishment of independent director system in listed companies, the articles of association of Shanghaichengdiconstructioncorporationltd(603887) , the detailed rules for the work of Shanghaichengdiconstructioncorporationltd(603887) independent directors and other relevant rules and regulations of the CSRC, as independent directors of Shanghaichengdiconstructioncorporationltd(603887) (hereinafter referred to as the “company”), on the basis of conscientiously reading the relevant materials provided to us by the board of directors of the company, based on objective From an independent standpoint, I express independent opinions on matters related to the fifth meeting of the Fourth Board of directors as follows:
1、 Proposal on extension of investment projects with raised funds
After careful consideration of relevant proposals, we believe that the delay of the investment project of the raised funds is caused by the change of the external power access design scheme in cooperation with the requirements of the power supply bureau, which does not involve the change of the implementation subject, implementation mode and main investment content, and there is no situation of changing the investment direction of the raised funds in a disguised manner or damaging the interests of shareholders of the listed company due to improper change, The guidelines on the administration of raised funds of listed companies (No. 2022) and the regulations on the supervision and administration of listed companies revised by the CSRC.
In conclusion, we agree to extend the implementation period of the project to February 2024.
2、 Proposal on using some idle raised funds to temporarily supplement working capital
After careful consideration of the contents of relevant proposals, we believe that the company uses the raised funds of 350 million yuan to temporarily supplement the company’s working capital on the premise of ensuring the capital demand of the investment projects with raised funds and not affecting the normal progress of the investment plan with raised funds, and only in the production and operation related to the company’s main business, The service life shall not exceed 12 months from the date of the resolution of the board of directors of the company, which will help to improve the use efficiency of the raised funds, further improve the overall performance level of the company and obtain more return on investment for the shareholders of the company.
To sum up, we agree that the company will use the raised capital of 350 million yuan to temporarily supplement the working capital, and the service life shall not exceed 12 months from the date of deliberation and approval by the board of directors.
Independent director: Yang quangen, Liu Hua, Jiang Zhenhua February 17, 2022
