Cosco Shipping Holdings Co.Ltd(601919) independent director
In accordance with the relevant provisions of the independent director rules of listed companies, the stock listing rules of Shanghai Stock Exchange and the Cosco Shipping Holdings Co.Ltd(601919) articles of association of the China Securities Regulatory Commission, as the independent director of the company, we are diligent and responsible, The relevant materials of the proposal on acquiring the equity of COSCO Shipping Group Finance Co., Ltd. and the proposal on increasing the capital of COSCO Shipping Group Finance Co., Ltd., which are planned to be submitted to the 17th meeting of the sixth board of directors of the company for deliberation, have been reviewed and carefully studied in advance. The company plans to acquire part of the equity of COSCO Shipping Group Finance Co., Ltd. after the settlement of the above transaction, It is proposed that the company and its wholly-owned subsidiary COSCO Shipping Container Transportation Co., Ltd. increase the capital of COSCO Shipping Group Finance Co., Ltd. according to the shareholding ratio in COSCO Shipping Group Finance Co., Ltd.
According to the relevant provisions of the Listing Rules of Shanghai Stock Exchange, the above proposed transaction involves related party transactions. The independent directors of the company, Wu David, Zhou Zhonghui, Zhang Songsheng and Ma Shiheng, issued the following prior approval opinions:
After review, we agree to submit the above two proposals to the 17th meeting of the sixth board of directors for deliberation. When the board of directors of the company reviews the connected transaction, the connected directors shall withdraw from voting.
Cosco Shipping Holdings Co.Ltd(601919) independent director
David Wu, Zhong Hui Zhou, Song Sheng Zhang, Shi Heng Ma
May 19, 2022
