Hai Nan Yedao (Group) Co.Ltd(600238) (Group) Co., Ltd. independent director
Independent opinions on matters related to the 7th Meeting of the 8th board of directors
As an independent director of Hai Nan Yedao (Group) Co.Ltd(600238) (Group) Co., Ltd. (hereinafter referred to as “the company”), in accordance with the Listing Rules of Shanghai Stock Exchange, the rules of independent directors of listed companies and other laws and regulations and the relevant provisions of the articles of association, with a serious and responsible attitude, after careful review of relevant materials and based on independent judgment, Express the following independent opinions on matters related to the seventh meeting of the eighth board of directors of the company:
1、 Transfer of equity of subsidiaries
1. The company’s proposed transfer of shares in starch industry complies with the company law, the securities law, the Listing Rules of Shanghai Stock Exchange and other laws and regulations and the relevant provisions of the articles of association, and the deliberation and voting procedures of the board of directors of the company are compliant and legal;
2. The company plans to transfer the equity of starch industry, which is conducive to focusing on the main business of the company, improving the sustainable competitiveness of the company, in line with the company’s development strategy and future business development objectives, and there is no situation that damages the interests of the company and minority shareholders. Therefore, the company agrees to transfer the equity of Hainan Yangpu Yedao Starch Industry Co., Ltd.
2、 Mortgage loan matters
According to the needs of the company’s operation and development, the company is approved to apply to the bank for a mortgage loan of 20 million yuan with a term of one year, and the company is approved to provide collateral. This matter is conducive to the operation and development of the company, improve the operating performance, and will not damage the interests of the company and minority shareholders. The voting procedures of this meeting comply with the provisions of laws, regulations and the articles of association, and the resolutions formed at the meeting are legal and effective.
Independent directors: Xiao Yinan, LV Libiao, Huang Leping, Li Li
March 3, 2022
