Great Wall Motor Company Limited(601633) independent non-executive director
Prior approval opinions on related party (connected) transactions
In accordance with the stock listing rules of Shanghai Stock Exchange, the guidelines for the implementation of related party transactions of Shanghai Stock Exchange, the governance standards of listed companies, the guiding opinions on the establishment of independent director system in listed companies, the Great Wall Motor Company Limited(601633) articles of association and other relevant provisions, Based on the attitude of being responsible and realistic to Great Wall Motor Company Limited(601633) (hereinafter referred to as “the company”) and all shareholders, we have carefully reviewed the relevant materials received and issued the following prior approval opinions:
1. About the daily related party transactions, procurement services, provision of services, procurement of products, sales of products and lease related transactions in 2022-2024
The daily related party transactions, procurement services, provision of services, procurement of products, provision of products and leasing related transactions between the company and its holding subsidiaries and relevant related parties are the normal business needs of the company and comply with the company law of the people’s Republic of China, the securities law of the people’s Republic of China and the stock listing rules of Shanghai Stock Exchange According to the relevant provisions of the standards for the governance of listed companies and other laws, the related party (connected) transactions involved are fair, fair and open, and the transaction pricing is fair and reasonable, which will not affect the independence of the company, and there is no situation that damages the interests of the company and its shareholders, especially small and medium-sized shareholders.
2. Proposal on deposits and other daily connected transactions in Tianjin Great Wall binyin Auto Finance Co., Ltd
The deposits and daily related party transactions of the company and its subsidiaries in Tianjin Great Wall binyin Auto Finance Co., Ltd. are the normal business needs of the company and 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 stock listing rules of Shanghai Stock Exchange, the governance standards of listed companies and other laws, The deposit interest shall be calculated and paid according to the benchmark deposit interest rate of Chinese financial institutions published by the people’s Bank of China plus the floating range (the floating range shall be determined by both parties through negotiation). The pricing of related party transactions is reasonable, and the related party transactions involved are fair, impartial and open, which will not affect the independence of the company, and there is no situation that damages the interests of the company and its shareholders, especially the minority shareholders.
Independent non-executive directors:
Li Wanjun, Le Ying, Wu Zhijie
December 31, 2021
