Dalian Huarui Heavy Industry Group Co.Ltd(002204) independent directors' independent opinions on matters related to the 21st Meeting of the Fifth Board of directors are in accordance with the company law, the guiding opinions on the establishment of independent director system in listed companies and other laws and regulations, as well as the articles of association, working system of independent directors and other relevant systems, As an independent director of Dalian Huarui Heavy Industry Group Co.Ltd(002204) (hereinafter referred to as "the company"), based on our independent judgment, we hereby express the following independent opinions on the relevant matters of the proposal on debt restructuring of wholly owned subsidiaries discussed at the 21st Meeting of the Fifth Board of directors of the company:
The debt restructuring of Dalian Huarui heavy industry Metallurgical Equipment Manufacturing Co., Ltd., a wholly-owned subsidiary of the company, with Chenxi Zhongyan Zhuhua Shunda Co., Ltd. and Chenxi Shunda Municipal Construction Co., Ltd., is conducive to avoiding further expansion of losses, protecting the company's creditor's rights and interests, preventing business risks, and in line with the interests of the company and shareholders. The debt restructuring was deliberated and adopted at the 21st Meeting of the 5th board of directors and the 15th meeting of the 5th board of supervisors. The deliberation and voting procedures comply with the provisions of relevant laws and regulations and the articles of association. Therefore, we agree to the motion.
Independent directors: Yang Bo, Zhang Shuxian, Tang Ruiming, Wang Guofeng
December 23, 2021
