Gree Real Estate Co.Ltd(600185) independent directors
Independent opinions on matters related to the 27th meeting of the seventh board of directors, as independent directors of the company in accordance with the company law, the securities law, the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shanghai Stock Exchange and other laws and regulations and the relevant provisions of the articles of association of the company, We hereby express the following opinions on the relevant matters considered at the 27th meeting of the seventh board of directors of the company:
1、 Independent opinions on canceling the remaining shares of the second repurchase
The company will cancel the remaining shares bought back for the second time and reduce the registered capital accordingly, which complies with the company law of the people's Republic of China, the securities law of the people's Republic of China, the stock listing rules of Shanghai Stock Exchange, the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 7 - share repurchase and other relevant provisions, and the voting procedures comply with the provisions of laws, regulations and the articles of association of the company, There is no situation that damages the interests of the company and shareholders, especially minority shareholders; The cancellation of the repurchased shares conforms to the company's development strategy and business plan, and will not have a significant impact on the company's business activities, financial status and future development, and will not affect the company's listing status.
To sum up, we agree to this motion.
2、 Independent opinions on permanently replenishing working capital with recovered funds and surplus raised funds after terminating the implementation and transferring part of the investment projects with raised funds
After the company terminates the implementation and transfers part of the investment projects with raised funds, it will recover the funds and permanently supplement the working capital with the surplus raised funds, which meets the relevant provisions of the CSRC, such as the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies, the guidelines for the self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 - standardized operation, and the measures for the management of Gree Real Estate Co.Ltd(600185) raised funds, In line with the actual use of the raised funds.
The permanent replenishment of working capital does not harm the interests of shareholders. The decision-making procedures of the company comply with the relevant laws and regulations of the CSRC and Shanghai Stock Exchange on the use of the raised funds of listed companies and the relevant provisions of the articles of association of the company.
The directors agree to transfer the raised funds and supplement the working capital of the company after the implementation of the project.
Independent directors: Fang Junxiong, Zhao Yang, Wang Yakang
March 24, 2022
