China Hainan Rubber Industry Group Co.Ltd(601118)
Comments of independent directors on some proposals of the 8th meeting of the 6th board of directors
Prior approval opinion
In accordance with the rules for independent directors of listed companies, the guidelines for self regulation and supervision of listed companies of Shanghai Stock Exchange No. 1 – standardized operation, the articles of association, the working system of independent directors and other relevant provisions, as independent directors of China Hainan Rubber Industry Group Co.Ltd(601118) (hereinafter referred to as “the company”), we, in line with the attitude of being responsible to the company and all shareholders and the principle of seeking truth from facts, We hereby express our prior approval opinions on the following matters at the 8th meeting of the 6th board of directors of China Hainan Rubber Industry Group Co.Ltd(601118) the company:
1、 Expected events of daily related party transactions in 2022
We believe that the daily connected transactions between the company and related parties in 2022 are required by the company’s daily production and operation activities. The transaction price is based on the market price of similar products, follows the principles of fairness, impartiality, voluntariness and integrity, and complies with the stock listing rules of Shanghai Stock Exchange and the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 5 – transactions and connected transactions The articles of association and other relevant provisions do not damage the interests of the company and shareholders, and will not have a negative impact on the company’s future financial status, operating results and independence. We agree to submit the proposal to the 8th meeting of the 6th board of directors for deliberation.
2、 Proposal on the proposed signing of financial services agreement and related party transactions
Hainan Nongken Group Finance Co., Ltd. is a normative non bank financial institution approved by Bank Of China Limited(601988) industry supervision and Administration Commission. The financial company provides financial services for the company and its subordinate member enterprises within its business scope in accordance with the financial service agreement, which complies with the provisions of relevant national laws and regulations. The financial services agreement to be signed by both parties follows the principle of equality and voluntariness, and the pricing principle is fair. There is no situation that damages the interests of the company and minority shareholders. This matter is conducive to improving capital income and capital operation ability. We agree to submit the proposal to the 8th meeting of the 6th board of directors for deliberation.
Independent directors: Chen Lijing, Wang Zeying, Lin Weifu and Zhang Sheng April 7, 2022
