Annex 1:
Vcanbio Cell & Gene Engineering Corp.Ltd(600645) independent director
Independent opinions on the use of idle raised funds to temporarily supplement working capital. In accordance with the relevant provisions of the rules for independent directors of listed companies, the standards for the governance of listed companies, the rules for the listing of shares on the Shanghai Stock Exchange and the articles of association of the company of the China Securities Regulatory Commission, as an independent director of the company, based on independent judgment, The independent opinions on the proposal on using idle raised funds to temporarily supplement working capital considered and adopted at the 16th interim meeting of the 10th board of directors are as follows:
On the premise of not affecting the normal progress of the investment plan of the raised funds, the company uses the idle raised funds to supplement the working capital temporarily, which is conducive to improving the use efficiency of the idle funds and reducing the financial expenses of the company, which is in line with the interests of the company and all shareholders, and there is no change in the purpose of the raised funds and damage to the interests of the shareholders of the company; The voting procedures are legal and comply with the provisions of relevant laws, regulations and the articles of association.
Therefore, we agree that the company uses idle raised funds to supplement working capital temporarily.
independent director:
Chen Min, Pei duanqing
Hou Xinyi
March 26, 2002
