Foshan Electrical And Lighting Co.Ltd(000541)
Independent opinions of independent directors on relevant matters of the 28th meeting of the ninth board of directors of the company
In accordance with the guiding opinions on the establishment of independent director system in listed companies, the Listing Rules of Shenzhen Stock Exchange and other laws and regulations and relevant documents issued by the CSRC, as independent directors of the company, we express the following independent opinions on the relevant proposals considered at the 28th meeting of Foshan Electrical And Lighting Co.Ltd(000541) the 9th board of directors:
1、 Independent opinions on the company’s use of some idle funds for cash management
The current financial situation of the company is stable. On the premise of ensuring liquidity and capital safety, the company uses some idle funds to buy low-risk financial products. The investment risk is small, which is conducive to improving the efficiency of capital use, obtaining certain investment income, will not affect the normal operation of the company, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders, The relevant approval procedures comply with the provisions of laws and regulations and the articles of association, and the company agrees to use some idle funds for cash management this time.
2、 Independent opinions on the company’s bill pool business
The company and its holding subsidiaries carry out the bill pool business, which can reduce the use cost of the company’s bills, reduce the occupation of funds, optimize the financial structure and improve the utilization rate of funds, without damaging the interests of the company and shareholders, especially small and medium-sized shareholders. We agree that the company and its holding subsidiaries carry out bill pool business with a total amount of no more than 7.5 billion yuan, and the above amount can be recycled and used within the validity period of the business.
3、 Independent opinions on the adjustment of the company and some contents of the financial service agreement of Guangsheng finance company
1. As a normative non bank financial institution approved by Bank Of China Limited(601988) Insurance Regulatory Commission, Guangsheng finance company provides financial services for the company within its business scope, which complies with the provisions of relevant national laws and regulations.
2. This time, we adjusted some contents of the financial service agreement with Guangsheng finance company and signed a new financial service agreement, following the principle of equality and voluntariness, and the pricing principle is fair, without damaging the interests of the company and minority shareholders; It is beneficial to improve the company’s capital use efficiency, increase the company’s income and broaden the company’s financing channels.
3. The risk assessment report of Guangdong Guangsheng Finance Co., Ltd. fully reflects the operation qualification, internal control, operation management and risk management of Guangsheng Finance Co., Ltd., and no major defects in the risk management of Guangsheng Finance Co., Ltd.
In conclusion, we agree to this connected transaction. Independent director: Li Xiyuan, Zhang Renshou, Dou Linping
March 22, 2022
