Shentong Technology Group Co.Ltd(605228) independent director
Independent opinions on matters related to the fifth meeting of the second board of directors
In accordance with the Listing Rules of Shanghai Stock Exchange and other laws, administrative regulations, departmental rules and normative documents, as well as the articles of association of Shentong Technology Group Co.Ltd(605228) (hereinafter referred to as the “articles of association”), as an independent director of Shentong Technology Group Co.Ltd(605228) (hereinafter referred to as the “company”), I hereby discuss the relevant matters considered at the fifth meeting of the second board of directors, After consulting the relevant materials provided by the company and understanding the relevant situation, based on the position of independent judgment, the independent opinions are as follows:
1、 Independent opinions on the proposal on cash management with temporarily idle own funds of the company
We believe that on the premise of ensuring that the normal development of the main business of the company and its subsidiaries is not affected and that the working capital demand and risk are controllable, the company and its subsidiaries use no more than RMB 400 million (including RMB 400 million, which includes the unexpired financial products purchased by the company and its subsidiaries with their own funds) to temporarily idle their own funds for cash management, The purchase of investment products with high security and good liquidity (including but not limited to bank financial products, brokerage financial products and other investment products) is conducive to improving capital utilization efficiency, making rational use of idle funds and increasing the income of the company and its subsidiaries. In conclusion, we agree that the company and its subsidiaries use idle funds for cash management.
2、 Independent opinions on the company’s proposal on using some idle raised funds to temporarily supplement working capital
We believe that under the premise of not affecting the normal operation of the investment projects with raised funds, the company uses some idle raised funds to temporarily supplement working capital, which is conducive to improving the use efficiency of raised funds and saving the company’s financial expenses. There is no situation of changing the investment direction of raised funds and damaging the interests of shareholders of the company. The relevant approval procedures comply with the relevant provisions of the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies and the company’s raised funds management system of the CSRC. To sum up, we agree that the company will temporarily supplement working capital with idle raised funds of no more than 180 million yuan, and the service life shall not exceed 12 months from the date of deliberation and approval by the board of directors.
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(there is no text on this page, which is the signature page of Shentong Technology Group Co.Ltd(605228) independent directors’ independent opinions on matters related to the fifth meeting of the second board of directors) independent directors:
Huang Zhongrong, wo Jian, Zhai Dongmin
January 14, 2022
