Grand Industrial Holding Co.Ltd(000626) independent director
Prior approval opinions on the withdrawal of the company’s application documents for non-public offering of A-Shares as an independent director of the company, in a serious and responsible attitude, based on independent and objective judgment, carefully reviewed the relevant documents provided by the company, and made the following prior approval opinions on the proposed withdrawal of the company’s application documents for non-public offering of a shares:
The company’s intention to withdraw the application document for non-public offering of A-Shares is a prudent decision made by the company after comprehensive consideration, which will not have a significant adverse impact on the company’s production and operation activities and will not damage the interests of the company and minority shareholders. It is agreed to submit it to the board of directors for deliberation.
March 18, 2002
Grand Industrial Holding Co.Ltd(000626) independent director
Independent opinions on withdrawal of the company’s application documents for non-public offering of a shares
As an independent director of the company, with a serious and responsible attitude and based on independent and objective judgment, he carefully reviewed the relevant documents provided by the company and expressed independent opinions on the withdrawal of the company’s application documents for non-public offering of A-Shares as follows:
The deliberation procedures of the board of directors of the company comply with the provisions of relevant laws, administrative regulations, departmental rules, normative documents and the articles of association of the company. The withdrawal of the application documents for non-public issuance of A-Shares will not adversely affect the production and operation and sustainable development of the company, and will not damage the interests of the company and its shareholders, especially small and medium-sized shareholders. It is agreed to withdraw the application documents for non-public issuance of a shares.
March 20, 2002
