Beijing Shougang Co.Ltd(000959) independent director
Prior approval opinions and independent opinions on the proposal of Zhixin company on absorbing and merging Qian'an electrical steel to form related party transactions
As independent directors of the company (Ye Lin, Gu Wenxian, Liu Shen, Peng Feng) in accordance with the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shenzhen Stock Exchange, the Beijing Shougang Co.Ltd(000959) articles of association and other relevant provisions, We carefully reviewed the proposal on Zhixin's absorption and merger of Qian'an electrical steel into related party transactions and other materials to be submitted to the first interim meeting of the board of directors of the company in 2022 for deliberation. In accordance with relevant regulations, the following opinions are expressed:
1. Zhixin's absorption and relocation of new electrical steel can solve the problem of horizontal competition and meet the development requirements of Beijing Shougang Co.Ltd(000959) taking Zhixin as the only industrial platform for electrical steel products and integrating relevant assets and businesses into Zhixin.
2. This absorption will help Qian'an electric steel new production line products quickly establish new product certification and quality system certification with the help of Zhixin's existing technical quality and marketing system, quickly enter the market, form the competitive force of electric steel products, and enhance the influence of Shougang electric steel in the field of new energy vehicles.
3. Relevant agreements signed by all parties in this merger comply with laws, regulations, rules and normative documents, which is conducive to ensuring the rights and interests of all parties and the sustainable development of the enterprise.
4. The related party transactions involved in the proposal follow the principles of openness, fairness and impartiality, unanimously approve the contents contained in the proposal, and agree to submit the proposal to the meeting of the board of directors for deliberation. Signature of independent director:
March, 2002
