Guangdong Guanghong Holdings Co.Ltd(000529) independent director
Independent opinions on prior approval of related party transactions
In accordance with the guiding opinions on the establishment of independent director system in listed companies, the guidelines for the standardized operation of Listed Companies in Shenzhen Stock Exchange, the stock listing rules, the Guangdong Guanghong Holdings Co.Ltd(000529) articles of association, the working system of independent directors and other relevant laws, regulations and rules, as independent directors of the company, we express prior audit opinions on the following matters:
1、 Pre audit opinions on the company’s acceptance of financial assistance from controlling shareholders and related party transactions
After reviewing the related party transactions, we believe that the controlling shareholder Guangdong Guanghong Asset Management Co., Ltd. plans to provide the company with financial assistance of 1 billion yuan, which reflects its support and confidence in the development of the company. The financial assistance mainly provides financial guarantee for Guangdong Guanghong Holdings Co.Ltd(000529) accelerating the development, which meets the needs of the company’s development and operation. The annualized interest rate of this financial assistance is no higher than the one-year LPR published by the people’s Bank of China on the 20th of each month. The fee standard is fair and reasonable, and there is no need for the company and its holding subsidiaries to provide any form of guarantee, mortgage, pledge and so on. There is no situation that damages the interests of the company and the majority of minority shareholders. We approved the transaction in advance and agreed to submit the company’s proposal on accepting financial assistance from controlling shareholders to the third interim board meeting of the company in 2022 for deliberation.
Independent directors:
Li Shenglan, Guo tianwu, Hu Zhiyong
March 10, 2002
