Arts Group Co.Ltd(603017) independent director
Independent opinions on related party transactions of the company
In accordance with the relevant provisions of the company law, the Listing Rules of Shanghai Stock Exchange, the guiding opinions on the establishment of independent director system in listed companies, the articles of association and other laws, regulations and normative documents, we, as independent directors of Arts Group Co.Ltd(603017) (hereinafter referred to as the "company"), based on the principle of prudence and independent judgment, We hereby express the following independent opinions on the related party transactions in the 20th meeting of the Fourth Board of directors of the company: After reviewing the proposal on Approving the signing of the equity purchase agreement between the company and the related party Zhonghengli Industrial Investment Co., Ltd. in Suzhou Industrial Park, the independent directors believe that the above related party transactions are carried out on the basis of fairness and mutual benefit, There is no damage to the interests of minority shareholders. When the board of directors considered the proposal, the related directors avoided voting, and the decision-making procedure was legal and effective. The company is approved to implement the above related party transactions.
Arts Group Co.Ltd(603017) independent directors: Yang Haikun, Gong juming, Bei Zhengxin February 20, 2022
