Chongqing Changan Automobile Company Limited(000625) independent director
Independent opinions on matters related to the 35th meeting of the 8th board of directors
As an independent director of Chongqing Changan Automobile Company Limited(000625) (hereinafter referred to as ” Chongqing Changan Automobile Company Limited(000625) ” or “the company”), in accordance with the governance standards of listed companies, the stock listing rules of Shenzhen Stock Exchange, the independent director rules of listed companies, the articles of association and other relevant provisions, Express independent opinions on the proposal on carrying out bill pool business and the proposal on carrying out forward foreign exchange transactions by the company and its subsidiaries at the 35th meeting of Chongqing Changan Automobile Company Limited(000625) the eighth board of directors. The board of directors of the company has submitted the relevant materials of the above proposal to me. We have reviewed the above materials in detail and, based on our independent judgment, express the following independent opinions:
1、 Independent opinions on developing bill pool business
The company carries out bill pool business, which can comprehensively manage the company’s bills receivable and bills payable to be issued, reduce the company’s capital occupation, optimize the financial structure, improve the capital utilization rate, and realize the information management of bills. Therefore, we agree that the company shall carry out the bill pooling business with a limit of no more than 20 billion yuan, that is, the cumulative spot balance of pledged and mortgaged bills used to carry out the bill pooling business with cooperative financial institutions shall not exceed 20 billion yuan, which is valid for one year, and the limit can be used on a rolling basis within the business term, and agree to submit the proposal to the general meeting of shareholders of the company for deliberation.
2、 Independent opinions on forward foreign exchange transactions of the company and its subsidiaries
The forward foreign exchange transactions carried out by the company and its subsidiaries are based on normal production and operation, based on the principle of soundness, for the purpose of currency preservation and avoiding exchange rate risk, do not do speculative transactions without actual demand, do not carry out foreign exchange transactions solely for the purpose of profit, and reduce the risk of exchange rate fluctuation by locking the exchange rate; The company has formulated the management measures for forward foreign exchange trading business (for Trial Implementation) and improved relevant internal control processes. The targeted risk control measures taken by the company are feasible. The forward foreign exchange transactions of the company and its subsidiaries will comply with the provisions of relevant laws and regulations and relevant systems of the company. Therefore, we agree that the company and its subsidiaries carry out forward foreign exchange transactions and agree to submit the proposal to the general meeting of shareholders of the company for deliberation.
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(there is no text on this page, which is the signature page of independent opinions on matters related to the 35th meeting of the eighth board of directors) independent directors:
Liu Jipeng, Li Qingwen, Chen Quanshi
Ren Xiaochang, Tan Xiaosheng, Wei Xinjiang
Cao Xingquan, Yang Xinmin
February 21, 2022
