Farasis Energy (Gan Zhou) Co.Ltd(688567) (Ganzhou) Co., Ltd
Independent directors’ opinions on the 40th meeting of the first board of directors
Independent opinions on relevant matters
The 40th meeting of the first board of directors of Farasis Energy (Gan Zhou) Co.Ltd(688567) (Ganzhou) Co., Ltd. (hereinafter referred to as “the company”) was held on March 2, 2022. As an independent director of the company, According to the provisions of the law of the people’s Republic of China on the listing of Ganzhou Stock Exchange (stock exchange of the people’s Republic of China) and the regulations of the people’s Republic of China on the rules for the listing of independent companies Ganzhou stock exchange , In a serious and responsible attitude, after carefully reviewing the relevant documents of the 40th meeting of the first board of directors of the company, after careful consideration and based on independent judgment, we express the following independent opinions on the proposal on providing guarantee and related party transactions for wholly-owned subsidiaries to apply for factoring business from related parties:
We believe that the company’s wholly-owned subsidiary Farasis Energy (Gan Zhou) Co.Ltd(688567) (Zhenjiang) Co., Ltd. (hereinafter referred to as “Funeng Zhenjiang”) carries out accounts receivable factoring, which is conducive to accelerating capital turnover, revitalizing book assets, improving capital use efficiency, reducing accounts receivable management costs and the development of Funeng Zhenjiang business. The decision-making procedure of this proposal is legal and effective, There are no circumstances damaging the interests of the company and shareholders. The guarantee provided by the company for the wholly-owned subsidiary is made in comprehensive consideration of the business development needs of the company and its subsidiaries, which is in line with the actual operation situation and overall development strategy of the company. The guarantee object is a wholly-owned subsidiary of the company, which has solvency and can effectively control and prevent guarantee risks. The guarantee matters are in line with the interests of the company and all shareholders. We agree to the proposal on providing guarantees and related party transactions for wholly-owned subsidiaries to apply for factoring business from related parties.
Independent directors: Liang Zhenxing, Peng Xiaojie, Fu Qiong, Zhang Lina March 2, 2002
