Opinions of independent directors on the estimated daily related party transactions in Chongqing Water Group Co.Ltd(601158) 2022 according to the guidelines for the performance of duties of independent directors of listed companies, the articles of association and the management system of related party transactions of the company and other relevant provisions of the CSRC, as independent directors of the company, based on our independent judgment, we express the following opinions on the estimated daily related party transactions with related parties in 2022:
We have fully understood the daily related party transactions expected to occur between the company and related parties in 2022, and carefully reviewed the relevant materials of the daily related party transactions expected to occur in 2022. We believe that the company and related parties shall determine the transaction price fairly, openly and reasonably in accordance with the market transaction principle. Performing the daily related party transactions according to this principle will not damage the interests of the company’s shareholders, especially the minority shareholders, and will not have an adverse impact on the company’s sustainable operation ability and independence. The related parties are mainly the shareholders of the company and their subsidiaries, the joint ventures and associated enterprises of the company, and the related legal persons formed by the directors and senior managers of the related parties held by some related natural persons; Transactions are daily operational related party transactions, and the agreements or contracts signed by both related parties are determined according to the market conditions at that time. Therefore, the transaction is fair and has sufficient performance guarantee.
The 15th meeting of the 5th board of directors of the company deliberated and adopted the proposal on estimated daily connected transactions in Chongqing Water Group Co.Ltd(601158) 2022. Mr. Zheng Jiabin and Mr. Huang Jiabin withdrew from the voting. The convening, convening, deliberation and voting procedures of the board of directors comply with the provisions of relevant laws, regulations and the articles of association.
We believe that the above daily connected transactions are fair and reasonable, conducive to the sustainable development of the company, and do not damage the interests of listed companies and shareholders, especially small and medium-sized shareholders.
