Palm Eco-Town Development Co.Ltd(002431)
Prior approval opinions of independent directors on relevant matters
As an independent director of Palm Eco-Town Development Co.Ltd(002431) (hereinafter referred to as the "company") in accordance with the relevant provisions of the rules for independent directors of listed companies of China Securities Regulatory Commission, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, the stock listing rules of Shenzhen Stock Exchange, the articles of association and the independent director system formulated by the company, To review the relevant matters of the 42nd meeting of the 5th board of directors in advance and express the following opinions:
(I) prior approval opinions on applying for loan limit and related party transactions from related parties
This time, the company plans to apply for the loan limit from the related party Zhongyuan Yuzi Investment Holding Group Co., Ltd. or its subsidiaries in order to meet the needs of the company's funds, broaden the company's financing channels and be conducive to the development of the company. It is a reasonable transaction and does not occupy the company's funds or damage the interests of the company and its shareholders, especially small and medium-sized shareholders. The loan amount applied for this time will not have a significant adverse impact on the company's financial status, operating results and independence. We recognize the related party transaction and agree to submit the proposal to the 42nd meeting of the Fifth Board of directors of the company for deliberation, and the related directors need to avoid voting.
(II) prior approval opinions on the prediction of daily connected transactions in 2022
The related party transactions between the company and Henan Yuzi affordable housing management and Operation Co., Ltd. and its related parties in 2022 are based on the daily operation needs of the company. The related party transaction price is the market price, fair and reasonable. There is no damage to the interests of the company and minority shareholders, and has no impact on the independence of the company, It is agreed to submit the proposal on the prediction of daily connected transactions in 2022 to the 42nd meeting of the Fifth Board of directors of the company for deliberation, and the connected directors need to avoid voting.
(III) prior approval opinions on the joint investment and establishment of the project company by the company and related parties
The project company "Sheqi County Zongpu ecological environment Co., Ltd." to be established by the company this time is to better promote the development of "Sheqi County Panhe urban section ecological environment comprehensive improvement PPP project". The above project company will act as the implementation subject of the project and promote the follow-up works, project operation, management and other matters.
The foreign investment and establishment of the project company is in line with the company's strategy and business needs. All parties contribute in currency, which does not violate the principles of openness, fairness and impartiality, and does not harm the interests of the company and shareholders. We recognize the related party transaction and agree to submit the proposal to the 42nd meeting of the Fifth Board of directors for deliberation, and the related directors need to avoid voting.
Independent directors: Liu Jinquan, Zeng Yan, Hu Zhiyong, Li Qiming
April 25, 2022
