Mango Excellent Media Co.Ltd(300413) independent director
On matters related to the 8th meeting of the 4th board of directors of the company
Prior approval letter
In accordance with the Shenzhen Stock Exchange GEM Listing Rules, self regulatory guidelines for listed companies No. 2 – standardized operation of GEM listed companies and relevant provisions of the articles of association, we, as independent directors of the company, based on independent judgment and in the attitude of being responsible to the company and all shareholders, The proposal on the prediction of the company’s daily related party transactions in 2022 and the proposal on the capital increase and share expansion of wholly-owned subsidiaries and related party transactions to be considered at the eighth meeting of the Fourth Board of directors were reviewed in advance, and the prior approval opinions were issued: 1. The prior approval opinions on the prediction of daily related party transactions in 2022
We reviewed the proposal on the prediction of the company’s daily related party transactions in 2022 submitted by the company, understood the background of the related party transactions, and believed that the related party transactions met the normal needs of the company’s business development and production and operation. The transaction price was based on the principle of fair market pricing and followed the principles of objectivity, fairness, equality and voluntariness, There is no situation that damages the interests of the company and all non affiliated shareholders, especially minority shareholders. Therefore, we agree to submit the matter to the board of directors of the company for deliberation.
2. Prior approval opinions on capital increase and share expansion of wholly-owned subsidiaries and related party transactions
After communicating with the company’s management and reviewing relevant proposal materials, we believe that the capital increase of the controlling shareholder of the company’s wholly-owned subsidiary Xiaomang e-commerce Co., Ltd. (hereinafter referred to as “Xiaomang e-commerce”) provides financial support for the rapid development of Xiaomang e-commerce, which is conducive to the coordinated integration of Xiaomang e-commerce and various resource sectors of mango ecology, which is in line with the company’s strategic development objectives and fair transaction price, There is no situation that damages the interests of the company and shareholders, especially minority shareholders, and will not affect the independence of the company. Therefore, we agree to submit the proposal to the board of directors of the company for deliberation.
Independent directors: Zhong Hongming, Xiao Xing, Liu Yuhui April 21, 2022
