Gree Real Estate Co.Ltd(600185) independent directors
Independent opinions on matters related to the 26th meeting of the seventh board of directors, as independent directors of the company in accordance with the company law, the securities law, the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shanghai Stock Exchange and other laws and regulations and the relevant provisions of the articles of association of the company, We hereby express the following opinions on the relevant matters considered at the 26th meeting of the seventh board of directors of the company:
Independent opinions on the sale of equity of participating companies and related party transactions
1. This transaction is a decision made by the company based on the actual business situation and strategic development plan, which is in line with the company’s development strategy and the interests of all shareholders.
2. This connected transaction follows the principles of fairness, impartiality, voluntariness and good faith. The pricing is fair and there is no damage to the interests of the company and minority shareholders.
3. The contents and decision-making procedures of this connected transaction comply with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the stock listing rules of Shanghai Stock Exchange and other relevant laws and regulations and the articles of association of the company.
4. When the board of directors votes on this connected transaction, the connected directors avoid voting, and other non connected directors participate in voting to agree to the proposal of this connected transaction. The voting procedures comply with the provisions of relevant laws and regulations. 5. Agree to this connected transaction.
Independent directors: Fang Junxiong, Zhao Yang, Wang Yakang
March 2, 2022
