Tcl Technology Group Corporation(000100) independent directors
Independent opinions on the matters considered at the 16th meeting of the seventh board of directors
In accordance with the independent director rules of listed companies of China Securities Regulatory Commission, the stock listing rules of Shenzhen Stock Exchange, the articles of association of TCL Technology Group Co., Ltd. and other relevant provisions, as an independent director of TCL Technology Group Co., Ltd. (hereinafter referred to as “the company”), we express the following independent opinions on the relevant matters considered at the 16th meeting of the seventh board of directors of the company:
1、 Independent opinions on repurchase of some public shares in 2022
1. The company’s share repurchase complies with the current company law, securities law and other provisions, and the deliberation procedures of the board meeting comply with the relevant provisions of laws and regulations and the articles of association.
2. The company’s share repurchase is based on the company’s confidence in the future development and high recognition of the company’s value, safeguarding the interests of shareholders, taking into account the needs of the company’s employees’ incentive, helping to build a mechanism for shareholders and employees to share the growth of enterprise value and improve the overall value of the company.
3. The sources of funds used by the company for this repurchase are the company’s own funds, self raised funds and other financing methods. This repurchase will not have a significant impact on the company’s operation, finance and future development, will not affect the company’s listing status, and will not damage the legitimate rights and interests of the company and shareholders.
In conclusion, we believe that the company’s share repurchase is legal and compliant, which is conducive to protecting the interests of investors and safeguarding the value of the company, will not affect the company’s future financial situation, operating results and sustainable profitability, and is in line with the interests of the company and all shareholders. Therefore, all independent directors of the company agreed to repurchase shares this time.
Independent directors: Gan Yong, Chen Xi, Wan Liangyong, Liu Xunci March 18, 2022
