Sundy Land Investment Co.Ltd(600077) independent directors
Independent opinions on matters related to the 35th meeting of the 10th board of directors in accordance with the guiding opinions on the establishment of independent director system in listed companies, the governance standards of listed companies, the stock listing rules of Shanghai Stock Exchange and the articles of Association issued by the CSRC, we are the independent directors of the company, Express the following independent opinions on matters related to the 35th meeting of the 10th board of directors of the company:
(I) independent opinions on signing cooperation agreements and providing external financial assistance
We understand that this external financial assistance is the business arrangement reached by the company for the development of new business, and the company also has certain risk prevention measures. According to the information provided by the company, we believe that the company’s diversified operation can disperse risks, but at the same time, entering unfamiliar fields increases certain unknown risks. The company should conduct detailed due diligence in combination with its own cash flow, and make prudent decisions taking into account the current international situation and future trend, economic risks and industry research. In view of the above factors, we abstained from voting on this motion.
Independent directors: Hua Min, Du Xingqiang, Zheng Jindu
March 11, 2022
