Gansu Hainan Yatai Industrial Developent Co.Ltd(000691) Development Co., Ltd
Special opinions of independent directors on the actual situation of the company’s daily connected transactions in 2021 and the expected differences
In accordance with the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shenzhen Stock Exchange and the articles of association, we are the independent directors of Gansu Hainan Yatai Industrial Developent Co.Ltd(000691) Development Co., Ltd. (hereinafter referred to as the “company”), Based on the reasons for the difference between the actual amount of daily connected transactions in 2021 and the estimated amount in the proposal on daily connected transactions in 2022 considered at the 13th meeting of the eighth board of directors of the company, the special opinions are as follows:
The estimated total amount of daily connected transactions in 2021 approved by the second meeting of the eighth board of directors and the seventh meeting of the eighth board of directors is 277.47 million yuan, and the actual total amount of daily connected transactions in 2021 is 748463 million yuan, which is quite different from the estimated amount. After communicating with the company’s management and consulting relevant materials, the main reason for the large difference is that some production plans of the company’s related parties failed to be implemented on schedule due to the impact of the epidemic, resulting in the non occurrence of some expected related party transactions, so the actual amount is significantly lower than the expected amount.
We believe that the above differences are in line with the actual situation of the company. The reasons for the differences are in line with the market situation in 2021 and the actual situation of the company. The daily connected transactions that have occurred are required by the company’s normal business operations, in line with the company’s operation and development requirements, and in line with the provisions of laws and regulations. The transaction price of related party transactions follows the principle of fair and reasonable pricing, and there is no situation that damages the interests of the company and minority shareholders. The company shall maintain the principle of prudent prediction in the prediction of related party transactions in subsequent years and try to avoid large differences.
Independent directors: Zhang Jinhui, Li Zhangfa, Chen Fangping
April 18, 2022
