Shandong Fengyuan Chemical Co.Ltd(002805) independent director
On matters related to the 14th meeting of the 5th board of directors
Prior approval opinion
As an independent director of Shandong Fengyuan Chemical Co.Ltd(002805) in accordance with the relevant provisions of the guiding opinions on the establishment of independent director system in 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 and the articles of association, We have made the following prior approval opinions on the relevant matters of the 14th meeting of the Fifth Board of directors of the company:
1、 Prior approval opinions on increasing the loan limit and related party transactions provided by the controlling shareholder to the company
After carefully reviewing the materials submitted by the company on this related party transaction, we believe that the increase of loan limit and related party transaction from the controlling shareholder of the company to the company is the need of the company’s operation and business development, which is in line with the actual situation of the company, It has not violated the provisions of 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, and the articles of association. Meanwhile, the loan interest rate refers to the bank loan interest rate in the same period, and the pricing is fair and reasonable. The transaction follows the principles of objectivity, fairness and fairness, is in line with the fundamental interests of the company, and does not damage the interests of the company, shareholders, especially minority shareholders. Since the lender of the company’s loan is the controlling shareholder of the company, this transaction constitutes a related party transaction. When the board of directors votes on relevant matters, related directors shall withdraw from voting.
In conclusion, we agree to submit the proposal on increasing the loan limit and related party transactions provided by the controlling shareholders to the company to the 14th meeting of the Fifth Board of directors for deliberation.
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Signature of independent director:
Gu Yan, Zhou Shiyong, Jin Yongcheng
specific date
