Jiangsu Yawei Machine Tool Co.Ltd(002559) independent director
The prior approval opinions on matters related to the 22nd Meeting of the 5th board of directors are in accordance with the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange and other relevant laws According to the regulations, normative documents and the articles of association of Jiangsu Yawei Machine Tool Co.Ltd(002559) (hereinafter referred to as the articles of association), Jiangsu Yawei Machine Tool Co.Ltd(002559) (hereinafter referred to as the “company”) has submitted the proposal on the budget of daily connected transactions in 2022 involving connected transactions at the 22nd Meeting of the Fifth Board of directors to us for review, As an independent director of the company, we express the following prior approval opinions on relevant proposals:
We believe that the company’s expected related party transactions belong to the daily business activities of the company and its subsidiaries, and the relevant expected amount is a reasonable prediction in advance according to the actual transactions in the daily production and operation process of the company and its subsidiaries. The company and its subsidiaries negotiate and determine the transaction price according to the transaction mode, transaction conditions and other factors, with reference to the pricing policy of the market price, and conduct the transaction according to the relevant contracts signed by both parties. The transaction pricing is fair and does not damage the interests of shareholders, especially small and medium-sized investors and the company.
In conclusion, we agree to submit the proposal on the prediction of daily connected transactions in 2022 to the 22nd Meeting of the Fifth Board of directors for deliberation.
(there is no text on this page, which is the signature page of Jiangsu Yawei Machine Tool Co.Ltd(002559) independent directors’ prior approval opinions on matters related to the 22nd Meeting of the Fifth Board of directors) independent directors:
[Wang Kehong] [Cai Jian] [Liu Xin]
January 11, 2002
