Wuxi Double Elephant Micro Fibre Material Co.Ltd(002395)
On loans from controlling shareholders and related party transactions of wholly-owned subsidiaries
Independent opinion of
As an independent director of the company in accordance with the company law of the people's Republic of China, the stock listing rules of Shenzhen Stock Exchange (revised in 2022) and other relevant laws and regulations, as well as the articles of association, working system of independent directors and other relevant provisions of the company, Express the following independent opinions on the borrowing and related party transactions of the wholly-owned subsidiary Chongqing shuangxiang super fiber material Co., Ltd. (hereinafter referred to as "Chongqing shuangxiang") from the controlling shareholder Jiangsu shuangxiang Group Co., Ltd. (hereinafter referred to as "shuangxiang group"):
1. The wholly-owned subsidiary Chongqing shuangxiang borrowed money from the controlling shareholder shuangxiang group to ensure the smooth implementation and early operation of the investment project, which reflects the controlling shareholder shuangxiang group's support and confidence in the development of the company and can promote the early completion and operation of Chongqing shuangxiang project. The loan interest rate is based on the benchmark loan interest rate of the bank for the same period, the transaction pricing is fair and reasonable, in line with the market level, and the company does not need to provide any guarantee or mortgage, and there is no situation that damages the interests of the company, shareholders, especially minority shareholders;
2. When the board of directors considered this related party transaction, the related directors avoided voting, and the voting procedures were in line with relevant laws and regulations, the articles of association and other relevant provisions. We agree to this matter, which does not need to be submitted to the general meeting of shareholders for deliberation and approval.
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(there is no text on this page, which is the signature page of the independent opinions of Wuxi Double Elephant Micro Fibre Material Co.Ltd(002395) independent directors on loans from wholly-owned subsidiaries to controlling shareholders and related party transactions) independent directors:
Cai Guiru, Li Yuxiang, Jin Xiangyu
January 13, 2002
