Ningbo Fubang Jingye Group Co.Ltd(600768) independent directors
Special explanation and independent opinions on the external guarantee of the company
As an independent director of Ningbo Fubang Jingye Group Co.Ltd(600768) (hereinafter referred to as the "company"), in accordance with the requirements of the notice on regulating the capital exchanges between listed companies and related parties and the external guarantee of listed companies (zjf [2003] No. 56), the notice on regulating the external guarantee behavior of listed companies (zjf [2005] No. 120) and the Listing Rules of Shanghai Stock Exchange, we are in strict self-discipline, standardized operation Based on the principle of seeking truth from facts, the company has verified the external guarantee of the company, and now issued special instructions and independent opinions as follows:
In 2021, the fifth meeting of the ninth board of directors and the 2020 annual general meeting of the company considered and approved the proposal on mutual guarantee between the company and the controlling shareholders, agreeing that the company and the controlling shareholders should provide mutual guarantee, in which the maximum amount of guarantee provided by the company for Fubon Holdings and its wholly-owned (holding) enterprises to borrow from financial institutions should not exceed 150 million yuan in total, At the same time, the controlling shareholders provide equal amount of guarantee for the company's financing to financial institutions due to its own transformation and development needs. The validity period of the above guarantee is from the date when the proposal is deliberated and approved by the company's 2020 annual general meeting to the date when the company's 2021 annual general meeting is held. During the reporting period, the company has no external guarantee and no overdue guarantee.
We believe that the guarantee matters considered by the board of directors of the company comply with the provisions of relevant laws and regulations, and the voting procedures are legal and effective. The controlling shareholders have been actively supporting the development of the company, providing financial support to the company to meet the needs of the company's sustainable operation, and providing guarantee for the company's application for credit line from the bank for a long time. It has strong financing and solvency and good credit status; The relevant guarantee matters are provided by mutual guarantee, and the overall risk is controllable, which is conducive to the sustainable operation of the company and in line with the interests of the company. There is no situation that damages the interests of the company and minority shareholders. Independent director: Yang Guanghong, Xiao Lihua, Xiu Ping April 1, 2022
