Anhui Huilong Agricultural Means Of Production .Co.Ltd(002556)
Independent directors’ opinions on the 9th meeting of the 5th board of directors
Independent opinions on relevant matters
In accordance with the guiding opinions on the establishment of independent director system in listed companies, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board and other laws and regulations, normative documents and relevant provisions of the articles of association, as independent directors of Anhui Huilong Agricultural Means Of Production .Co.Ltd(002556) (hereinafter referred to as “the company”), we have carefully considered the proposal of the ninth meeting of the Fifth Board of directors, And expressed the following independent opinions:
1、 The shares repurchased by the company this time comply with the provisions of laws, regulations and normative documents such as the company law, the securities law, the rules for share repurchases of listed companies, the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchases, and the voting procedures comply with the relevant provisions of laws, regulations and the articles of association.
2、 The implementation of the company’s share repurchase is conducive to safeguarding the interests of investors and enhancing investors’ investment confidence in the company. At the same time, it is also conducive to the maintenance of the company’s market image, enhancing investors’ confidence and protecting the interests of shareholders. It is necessary for the company to repurchase shares this time.
3、 The total amount of funds to be used for repurchase this time ranges from 50 million yuan (inclusive) to 100 million yuan (inclusive), and the source of funds is self owned funds. This repurchase will not have a significant impact on the company’s operation, finance and future development. The equity distribution of the company after repurchase meets the conditions of listed companies and will not affect the company’s listing status. The company’s share repurchase plan is feasible. 4、 This repurchase is implemented in the form of centralized bidding transaction, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders.
To sum up, we believe that this share repurchase of the company complies with the provisions of relevant laws, regulations and the articles of association, is conducive to enhancing the value of the company, will not affect the company’s sustainable operation ability, will not affect the company’s future financial status and operating results, and is in line with the interests of the company and all shareholders. Therefore, we agree to the proposal of the company on share repurchase scheme.
Independent directors: Ma Changan, Zhang Huaping and Zhang Xuan.
Anhui Huilong Agricultural Means Of Production .Co.Ltd(002556) April 27, 2022
