Sinochem International (Holdings) Co., Ltd
SINOCHEM INTERNATIONAL CORPORATION
Independent director of Sinochem International Corporation(600500) (holding) Co., Ltd
Prior approval opinions on related party transactions
In accordance with the relevant provisions of the guiding opinions on the establishment of independent director system in listed companies, the governance standards of listed companies and the stock listing rules of Shanghai Stock Exchange issued by the CSRC, as independent directors of the company, we have deliberated the following related party transactions of the company in advance and issued the following opinions:
We believe that the convening procedure of the board meeting is standardized and legal. We received the text of the proposal before the meeting, which is detailed and helpful for the board of directors to make rational and scientific decisions. Through the review of the proposal and other materials provided by the company, we believe that:
Proposal on the daily related party transactions of the company in 2022: the daily related party transactions with the company’s shareholders are conducive to the development of the company’s business, meet the needs of customers and explore the market. The price of related party transactions is determined with reference to the market price, which will not affect the independence of listed companies, and there is no infringement on the interests of minority shareholders and the company, which is in line with the relevant regulations of China Securities Regulatory Commission and Shanghai Stock Exchange
Based on the above judgment, we agree to submit the above proposal to the 24th Meeting of the 8th board of directors of the company for deliberation.
Sinochem International (Holdings) Co., Ltd
SINOCHEM INTERNATIONAL CORPORATION
(this page is the signature page of prior approval opinions on related party transactions, with no text) signature of independent directors:
Yu Dahai, Xu Yong, Cheng Fengchao
Sinochem International Corporation(600500) (holding) Co., Ltd. April 13, 2022
