Chongqing Changan Automobile Company Limited(000625) independent director
Prior approval letter on matters related to the 40th meeting of the 8th board of directors
As an independent director of Chongqing Changan Automobile Company Limited(000625) (hereinafter referred to as ” Chongqing Changan Automobile Company Limited(000625) ” or “the company”), in accordance with the relevant provisions of the standards for the governance of listed companies, the rules for independent directors of listed companies, the rules for the listing of shares of Shenzhen Stock exchange and the articles of association, Express prior approval opinions on the proposal on signing financial service agreement with Ordnance Equipment Group Finance Co., Ltd. and the proposal on signing financial service agreement with Chongqing Changan Automobile Company Limited(000625) Finance Co., Ltd. to be submitted to the 40th meeting of the eighth board of directors of Chongqing Changan Automobile Company Limited(000625) for deliberation. The board of directors of the company has submitted the relevant materials of the above proposal to me. We have reviewed the above materials in detail and, based on our independent judgment, issued the following prior approval opinions:
1. Prior approval opinions on signing the financial service agreement with Ordnance Equipment Group Finance Co., Ltd
The company signed the financial service agreement with Ordnance Equipment Group Finance Co., Ltd. (hereinafter referred to as the “finance company”), which will provide the company with settlement services, deposit services with a maximum daily deposit balance of no more than 20 billion yuan, credit and related credit services with a maximum total credit of 12 billion yuan, auto finance services with a maximum credit of 20 billion yuan and other financial services. The purpose of signing the above financial service agreement is to save transaction costs and expenses, further improve the use efficiency of funds and reduce financing costs and financing risks. In addition, the company regularly evaluates the risks of the financial company and formulates an emergency response plan. The related party transaction will not harm the interests of the company and minority shareholders.
2. Prior approval opinions on signing the financial service agreement with Chongqing Changan Automobile Company Limited(000625) Finance Co., Ltd
The company signed the financial service agreement with Chongqing Changan Automobile Company Limited(000625) Finance Co., Ltd. (hereinafter referred to as “auto finance company”), which will provide the company with deposit services with a maximum daily deposit balance of no more than 15 billion yuan, auto finance personal consumer credit discount business with a maximum total amount of 4 billion yuan, auto finance services with a maximum total amount of 6 billion yuan and other financial services. The purpose of signing the above financial service agreement is to save transaction costs and expenses, further improve the use efficiency of funds and reduce financing costs and financing risks. In addition, the company regularly evaluates the risks of auto financing companies and formulates emergency response plans. The related party transaction will not harm the interests of the company and minority shareholders.
In conclusion, we agree to submit the above matters of the company to the 40th meeting of the 8th board of directors for deliberation, and the related directors withdraw from voting.
(there is no text on this page, which is the signature page of the prior approval letter on matters related to the 40th meeting of Chongqing Changan Automobile Company Limited(000625) the eighth board of directors) independent directors:
Liu Jipeng, Li Qingwen, Chen Quanshi
Ren Xiaochang, Tan Xiaosheng, Wei Xinjiang
Cao Xingquan, Yang Xinmin
May 20, 2022
