Xiamen King Long Motor Group Co.Ltd(600686) independent directors’ independent opinions on relevant matters of the 12th meeting of the 10th board of directors
According to the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”), the measures for the administration of securities issuance of listed companies and the guiding opinions on the establishment of independent director system in listed companies As an independent director of Xiamen King Long Motor Group Co.Ltd(600686) (hereinafter referred to as “the company”), we express our independent opinions on the relevant matters considered at the fourth meeting of the 10th board of directors as follows:
1、 Independent opinions on the financing guarantee provided by the company’s subsidiaries to customers in 2022
The company’s subsidiaries provide bank mortgage loan guarantee, financial leasing guarantee and e-bank acceptance guarantee business for customers with good reputation. The implementation of this business can effectively promote the growth of sales revenue and ensure the long-term sustainable development of the company, without damaging the interests of the company or the interests of minority shareholders.
2、 Independent opinions on daily related party transactions in 2022
We have known in advance the expected events of daily related party transactions of Jinlong group in 2022 and the daily related party transactions between the company, its holding subsidiaries and related enterprises, which can make full use of the resources and advantages owned by related parties to serve the company’s production and operation, realize the rational allocation of resources, and the pricing model is in line with the principles of honesty, credit and fairness, There is no situation that damages the interests of the company or the interests of minority shareholders. The above transactions will not affect the independence of the company, and the company’s main business will not rely on related parties due to such transactions. The decision-making procedures of the board of directors on the above proposals comply with the company law, the Listing Rules of Shanghai Stock Exchange and other relevant laws and rules, as well as the provisions of the articles of association of Jinlong group.
3、 Independent opinions on the company’s use of idle self owned funds for entrusted financial management in 2022. On the premise of complying with national laws and regulations, ensuring the safety of purchase funds and ensuring that it does not affect the normal production and operation of the company, the company uses temporarily idle self owned funds to purchase financial products of low-risk financial institutions, which is conducive to improving the use efficiency of self owned funds, Obtaining certain investment income is in line with the interests of the company and all shareholders. There is no situation that damages the interests of the company or the interests of minority shareholders. (no text below)
(there is no text on this page, which is the signature page of Xiamen King Long Motor Group Co.Ltd(600686) independent director’s independent opinions on matters related to the 12th meeting of the 10th board of directors of the company) signature of independent director:
Ye Shengji, Zhao Bei, Guo Xiaodong
March 16, 2022
