Shanghai Weaver Network Co.Ltd(603039) independent director
Opinions on matters related to share repurchase of the company
In accordance with the company law of the people's Republic of China, the securities law of the people's Republic of China, the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shanghai Stock Exchange, the measures for the administration of equity incentive of listed companies, the articles of Association and the independent director system of the company, we are independent directors of Shanghai Weaver Network Co.Ltd(603039) (hereinafter referred to as the "company"), In a serious, responsible and realistic attitude, the following opinions are expressed on the matters related to the company's share repurchase considered at the 16th meeting of the Fourth Board of directors held on May 4, 2022:
1. The shares repurchased by the company this time comply with the relevant provisions of the company law of the people's Republic of China, the securities law of the people's Republic of China, the opinions on supporting the repurchase of shares by listed companies, the share repurchase rules of listed companies, the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 7 - repurchase of shares and other laws, regulations and normative documents, and the voting procedures of the board meeting comply with relevant laws According to the relevant provisions of laws and regulations and the articles of association, the company's share repurchase is legal and compliant.
2. The repurchase of shares and the use of the repurchased shares for equity incentive can effectively combine the interests of shareholders, the company and the core team, help to build a long-term and stable team of investors and enhance investors' confidence in the future development prospects of the company. The repurchase of shares by the company is necessary.
3. The capital source of the company's share repurchase this time is the company's own funds. This repurchase will not have a significant impact on the company's daily operation, finance, R & D, profitability, debt performance ability and future development, will not affect the company's listing status, and will not damage the interests of the company, shareholders, especially minority shareholders.
4. This repurchase is carried out in the form of centralized bidding transaction, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized investors.
To sum up, we believe that the company's share repurchase is legal and compliant, and the repurchase scheme is feasible and necessary, which is in line with the interests of the company and all shareholders. We agree to the matters related to the company's share repurchase by means of centralized bidding transaction.
Shanghai Weaver Network Co.Ltd(603039) independent director: Zhao Guohong, Hong Liang, Ling Xufeng May 4, 2022
