Zhejiang Shengyang Science And Technology Co.Ltd(603703) independent director
Independent opinions on matters related to the 22nd Meeting of the 4th board of directors
In accordance with the guiding opinions on the establishment of independent director system in listed companies, the guidelines for the governance of listed companies, the stock listing rules of Shanghai Stock Exchange and other laws and regulations, as well as the relevant provisions of the articles of association, we, as an independent director of Zhejiang Shengyang Science And Technology Co.Ltd(603703) (hereinafter referred to as the "company"), based on our independent judgment, The independent opinions on relevant matters considered at the 22nd Meeting of the 4th board of directors are as follows:
1、 Independent opinions on adjusting the share repurchase scheme of the company by means of centralized bidding transaction
The adjustment of the company's share repurchase plan this time is a necessary adjustment based on the company's current share price and the implementation of the repurchase. The adjusted share repurchase plan is in line with the interests of the company and all shareholders and will not have a significant impact on the company's operation, finance and future development. After the repurchase, the equity distribution of the company still meets the listing conditions.
The adjustment of the share repurchase plan complies with the provisions of the company law, the securities law, the stock listing rules of Shanghai Stock Exchange, the share repurchase rules of listed companies, the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 7 - share repurchase and other relevant laws and regulations and the articles of Association. The deliberation procedure of the board of directors is legal and compliant, and there is no situation damaging the interests of the company and all shareholders.
In conclusion, we agree to the adjustment of the share repurchase plan.
January 14, 2022
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