Beijing Yanjing Brewery Co.Ltd(000729) independent director
Independent opinions on structured deposits
As an independent director of the eighth board of directors of Beijing Yanjing Brewery Co.Ltd(000729) (hereinafter referred to as “the company”), based on independent judgment, in accordance with the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shenzhen Stock Exchange, the governance standards of listed companies, the articles of association and other relevant provisions of the CSRC, We express independent opinions on the company’s use of its own funds to invest in structured deposits as follows:
Under the condition of ensuring that the company’s normal production and operation activities and investment needs are not affected, the company uses some temporarily idle self owned funds to invest in bank structured deposits, which is conducive to improving the use efficiency of funds and increasing the company’s investment income, which is in line with the interests of the company and all shareholders, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. The company’s operation and financial status are sound, the internal control system is sound, the internal control measures are perfect, the safety of investment structured deposits can be guaranteed, and the relevant approval procedures comply with the relevant provisions of laws, regulations and the articles of association. We agree that the company shall use its own funds with a total amount of no more than RMB 1.5 billion to invest in structured deposits, and the service life shall not exceed one year from the date of deliberation and approval at the 11th meeting of the 8th board of directors. Independent director: Guo Xiaochuan, Zhu Liqing, Zhang Guiqing, Zhou Jian, Yin Jianjun
January 14, 2002
