Qi An Xin Technology Group Inc(688561) independent directors
Independent opinions on matters related to the 26th meeting of the first board of directors in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China and other laws and regulations, the Qi An Xin Technology Group Inc(688561) articles of Association (hereinafter referred to as the “articles of association”) and the Qi An Xin Technology Group Inc(688561) independent director system, The 26th meeting of the board of directors (hereinafter referred to as “the 26th meeting of the board of directors”) has carefully reviewed the relevant documents of the company based on the principle of independence and prudence:
Independent opinions on the plan of repurchasing the company’s shares by means of centralized bidding transaction
1. The shares repurchased by the company this time comply with the relevant provisions of the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the opinions on supporting the repurchase of shares by listed companies, the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 7 – repurchase of shares and other laws, regulations and normative documents, and the voting procedures of the board meeting comply with relevant laws Relevant provisions of laws and regulations and the articles of association.
2. The source of funds that the company plans to use for this repurchase is its own funds. The company has the ability to pay the repurchase price. The amount to be repurchased will not have a significant impact on the company’s solvency, nor on the company’s operation, finance and future development. After the repurchase, the equity distribution of the company meets the conditions of the listed company and will not affect the listing status of the company. The share repurchase of the company is feasible.
3. The implementation of the company’s share repurchase is conducive to safeguarding the interests of the company and shareholders, improving the company’s long-term incentive mechanism, fully mobilizing the enthusiasm of the company’s employees, effectively combining the interests of shareholders, the company and employees’ personal interests, and promoting the healthy and sustainable development of the company. The company’s share repurchase is necessary.
4. This repurchase is carried out in the form of centralized bidding transaction, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders.
In conclusion, we believe that the company’s share repurchase plan is legal and compliant, and the repurchase plan is feasible and necessary, which is in line with the interests of the company and all shareholders.
Independent directors: Meng Yan, Xu Jianjun, Zhao Bingdi
Qi An Xin Technology Group Inc(688561)
March 8, 2022
