Kunshan Kinglai Hygienic Materials Co.Ltd(300260) independent director
Independent opinions on matters related to the 9th meeting of the 5th board of directors
As an independent director of Kunshan Kinglai Hygienic Materials Co.Ltd(300260) (hereinafter referred to as the “company”) in accordance with the Listing Rules of Shenzhen Stock Exchange gem, the guidelines for the standardized operation of companies listed on Shenzhen Stock Exchange gem, the guiding opinions on the establishment of independent director system in listed companies, the articles of association and other relevant laws, regulations and rules, In line with the principle of being responsible to the company and all shareholders of the company, based on the position of seeking truth from facts and independent judgment, and with a scientific and rigorous working attitude, we have carefully verified the following matters. Now we express the following independent opinions on the relevant matters of the ninth meeting of the Fifth Board of directors of the company:
1、 Independent opinions on the guarantee provided by the company for the comprehensive bank credit of the wholly-owned subsidiary and its subsidiaries
After review, we believe that the company is a wholly-owned subsidiary Shandong Bihai packaging materials Co., Ltd. (including its subsidiaries Shandong Bihai Machinery Technology Co., Ltd. and Bihai packaging (Huai’an) Co., Ltd.) to apply for comprehensive credit from the bank due to the needs of business development and provide with liability guarantee, which is conducive to promoting its business development and thickening the company’s performance; The guarantee risk is controllable and will not damage the interests of the company and shareholders. This guarantee complies with the provisions of relevant laws, regulations, normative documents such as the guidelines for the supervision of listed companies No. 8 – regulatory requirements for capital exchanges and external guarantees of listed companies and the articles of association, and its decision-making procedures are legal and effective, We agree that the company will provide joint and several liability guarantee for the wholly-owned subsidiary Shandong Bihai packaging materials Co., Ltd. (including its subsidiaries Shandong Bihai Machinery Technology Co., Ltd. and Bihai packaging (Huai’an) Co., Ltd.) to apply for comprehensive credit from the bank due to the needs of business development. (no text below)
(there is no text on this page, which is the signature page of the independent directors’ independent opinions on the matters related to the ninth meeting of the Fifth Board of directors)
Signature of independent director:
Wang Jun, Zhou Lijuan, he Feng
February 24, 2002
