Special instructions of independent directors on the company’s accumulated and current guarantee
As an independent director of Zhang Xiaoquan Inc(301055) (hereinafter referred to as “the company”), we have carefully checked the current and cumulative guarantees of the company in accordance with the provisions of relevant laws such as the guidelines for the supervision of listed companies No. 8 – regulatory requirements for capital transactions and external guarantees of listed companies issued by the CSRC. The following special instructions are given on the relevant situation:
1. The company can strictly abide by the relevant laws and regulations of the CSRC, prudently deal with matters related to external guarantee, timely disclose information, fully reveal and effectively control the risk of external guarantee.
2. The guarantee provided by the company for its subsidiaries is to meet the needs of the company’s actual production and operation, and there is no damage to the interests of the company’s shareholders. The guarantee decision shall be approved by the board of directors and the general meeting of shareholders, and the guarantee decision-making procedure shall comply with the provisions of relevant laws and regulations.
3. During the reporting period, the company’s actual total external guarantee was 4 million yuan, of which the company’s guarantee to its subsidiaries was 4 million yuan. The total amount of actual guarantee accounts for 0.55% of the company’s net assets in the 2021 consolidated statement. The company does not provide guarantee for any unincorporated unit or individual, nor does the controlling shareholder and other related parties force the company to provide guarantee.
Independent directors: Chen Yinghua, Li Yuanxu, Yu Jingxuan March 15, 2022
