Zhejiang Tiantie Industry Co.Ltd(300587)
Report on the work of independent directors in 2021
（LI YIFAN）
As an independent director of Zhejiang Tiantie Industry Co.Ltd(300587) , during my tenure, I performed my duties diligently, faithfully and conscientiously in strict accordance with the company law, the securities law, the governance standards of listed companies, the rules for independent directors of listed companies and other laws and regulations, as well as the articles of association and the working system of independent directors, so as to avoid being influenced by the major shareholders of the company The influence and influence of the actual controller or other units or individuals with interests in the company has played the role of independent directors and effectively safeguarded the standardized operation of the company and the overall interests of shareholders.
The basic performance of duties in 2021 is reported as follows:
1、 Attendance and voting
I left my post on April 16, 2021. During my tenure, the company held three board meetings and two general meetings of shareholders. I attended all the board meetings on time, carefully read the proposals, exercised voting rights in the board of directors with a cautious attitude, and safeguarded the interests of the company and shareholders. I have carefully considered all the proposals submitted to the board of directors and believe that these proposals have not harmed the interests of all shareholders. Therefore, I have voted in favour without objection or abstention.
As a member of the audit committee, remuneration and assessment committee and Strategy Committee of the board of directors of the company, I attended the daily meeting of the committee, carefully considered and voted on relevant matters, and fulfilled my responsibilities.
2、 Independent opinions
During my tenure in 2021, I made the following independent opinions on relevant matters:
1. On February 19, 2021, the company held the 33rd meeting of the third board of directors, and I gave independent opinions on relevant matters: (1) independent opinions on the proposal related to the company’s issuance of shares to specific objects; (2) Independent opinions on the report on the use of the company’s previously raised funds; (3) Independent opinions on the impact of the company’s diluted immediate return on the company’s main financial indicators, filling measures and relevant commitments; (4) Independent opinions on the planning of shareholders’ dividend return in the next three years (20212023); (5) Independent opinions on the self-evaluation report of the company’s internal control.
2. On March 31, 2021, the company held the 34th meeting of the third board of directors, and I gave independent opinions on relevant matters: (1) independent opinions of independent directors on the proposal of nominating candidates for non independent directors; (2) Independent opinions of independent directors on the proposal of nominating independent director candidates; (3) Independent opinions on repurchase and cancellation of some restricted shares.
3. On April 14, 2021, the company held the 35th meeting of the third board of directors. I gave my prior approval opinions and independent opinions on relevant matters: (1) independent opinions of independent directors on the acquisition of 40% equity and related party transactions of Jiangsu changgeely New Energy Technology Co., Ltd.
3、 On site inspection
In 2021, with the cooperation of the company’s management, I timely learned about the progress of the company’s work in terms of governance structure, standardized operation, internal control system and financial management, reviewed and supervised whether the directors, supervisors and senior executives performed their duties according to law, whether the company operated in a standardized manner, whether the resolutions of the meeting were in line with laws and regulations and whether they were in line with the rights and interests of minority shareholders, and made an objective and fair judgment.
4、 Work done in protecting the rights and interests of investors
As an independent director of the company, I have actively and effectively performed my duties as an independent director, focusing on major matters of the company. The details are as follows:
1. Checked and supervised the company’s production and operation, financial status, the construction of internal control system, the implementation of resolutions of the board of directors, financial management, related party transactions, business development and the progress of investment projects. 2. For major issues considered and decided by the board of directors of the company, the company is required to provide relevant materials in advance for careful review, and be able to exercise voting rights independently, objectively and prudently.
3. Review the related party transactions of the company and the independence of the accounting firm employed. 5、 Other working conditions
1. There is no proposal to convene the board of directors;
2. There is no proposal to hire or dismiss an accounting firm;
3. There are no external audit institutions and consulting institutions.
It is hereby reported
independent director:
Li Yifan April 22, 2022
