Shanghai Environment Group Co.Ltd(601200) independent directors’ guarantee to the company
Special instructions and independent opinions
As an independent director of the company, we have investigated the external guarantee of the company in accordance with the requirements of the notice on Several Issues Concerning Regulating the capital exchanges between listed companies and related parties and the external guarantee of listed companies (Zheng Jian Fa [2003] No. 56) and the notice on regulating the external guarantee behavior of listed companies (Zheng Jian Fa [2005] No. 120) issued by the China Securities Regulatory Commission. Now we express our independent opinions as follows:
The company strictly abides by the relevant provisions of the articles of association on the company’s external guarantee and strictly controls the risk of external guarantee. In 2021, the company did not provide guarantee for the company’s holding subsidiaries, shareholders, actual controllers and their related parties, and did not directly or indirectly provide guarantee for legal persons with asset liability ratio of more than 70%.
