Lanzhou Ls Heavy Equipment Co.Ltd(603169)
Independent opinions of independent directors on matters related to the 28th meeting of the 4th board of directors
Lanzhou Ls Heavy Equipment Co.Ltd(603169) (hereinafter referred to as “the company”) held the 28th meeting of the Fourth Board of directors on March 8, 2022. In accordance with the company law, the rules for independent directors of listed companies, the guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 – standardized operation and the articles of association of the company, he served as the independent director of the company, We have carefully reviewed the relevant proposals and materials submitted to the board of directors for deliberation. In the spirit of being responsible to the company, all shareholders and investors, adhering to the principle of seeking truth from facts and based on our independent judgment, We hereby express our independent opinions on the proposal on the subsidiary undertaking the EPC project and related party transaction of the 1500 T / a nano lithium iron phosphate cathode material precursor demonstration project of Lanshi group considered at the 28th meeting of the Fourth Board of directors of the company, as follows:
1. The subsidiary undertakes the EPC project and related party transactions of the 1500 T / a nano lithium iron phosphate cathode material precursor demonstration project of Lanshi group, which complies with the relevant provisions on related party transactions in the stock listing rules of Shanghai Stock Exchange, the articles of association and the fair decision-making system of related party transactions. This connected transaction is in line with the development needs of the company. The connected transactions involved follow the principles of equality, voluntariness, fairness and good faith, and are in line with the interests of the company and all shareholders. There is no situation that damages the interests of the company and all shareholders (especially minority shareholders). This connected transaction will not affect the independence of the company, nor will it adversely affect the financial status and operating results of the company;
2. During the deliberation of the proposal, the related directors avoided voting, and the company’s decision-making, deliberation and voting procedures were legal and effective, in line with the provisions of relevant laws, regulations and the articles of association of the company.
3. We agree that the subsidiary will undertake the related party transactions involved in the EPC project of the 1500 T / a nano lithium iron phosphate cathode material precursor demonstration project of Lanshi group.
Lanzhou Ls Heavy Equipment Co.Ltd(603169) independent directors: Wan Hongbo, Lei Hailiang, Chou Lingjun March 8, 2022
